SAK: Wage settlement now hinges on EK and Government
The fate of the negotiations for a so-called social contract hinges on employers and the Government, states Lauri Lyly, the president of the Central Organisation of Finnish Trade Unions (SAK). SAK reminded after a meeting of its executive board that its settlement proposal expired on Monday. “SAK will from now on re-evaluate its objectives if the negotiations were to start over at some point,” Lyly says in a press release issued after the meeting on Monday.
HS in English
The settlement proposal would have all but waived wage hikes in 2017 and allowed export industries to determine wage hikes in 2018. The proposal, however, is no longer on the table.