Satisfied negotiators after closing the deal
Economy

Breakthrough in First Tariff Negotiations

Early Saturday morning, representatives of the unions and employers at the industrial sector reached a breakthrough in this year’s first tariff negotiations. The agreement will come into effect as of 1 April and has duration of 18 months. Employees will see their wages rise by 2.6 percent, but additional local agreements are supposed to increase that rise by at least 0.5 percent.

The agreement is expected to have a knock-on effect for the forthcoming tariff negotiations at other sectors. Speaking to Swedish Radio news, union representative Cecilia Fahlberg said she was satisfied with the deal. “Each and every member will benefit from the pay rise”, Fahlberg added. Anders Weihe, one of the employers’ representatives, called the agreement “a reasonable deal at the upper edge of the European norm”.

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