The trade unions in the Swedish engineering industry have, during this week, agreed on new collective bargaining agreements. The agreements are valid for three years, between April 1, 2013 and March 31, 2016, and have a total value of 6.8%, or 2.27% annualized.
According to the collective bargaining agreements for the Swedish engineering industry, 0.5% out of the 6.8%, is to be set aside for an extra pension payment, to fund a right to work part-time as of the age of 60. The agreements also contain an additional month of parental pay, which means that employers will now pay up to 90% of salary for 6 months, during parental leave.
The collective bargaining agreements for the IT & Telecom industry have not yet been agreed, but negotiations are scheduled for next week. We will stick to the same period of validity and the total cost frame of 6.8%, according to the agreements in the Swedish engineering industry. Beyond that there may be minor changes in the conditions and salary agreements.
We want to emphasize that the IT agreement is a salary process agreement, which means that you should agree locally on the total salary increase level to be applied. It is only if you do not agree that the centrally established increase level is to be applied. It is possible to start the salary revision process in the companies with initial meetings, even though the agreements are not signed. We anticipate the first agreements to be in place within two weeks.
The IT & Telecom industry has, like other federations within Almega, clearly rejected the demand, from Unionen, for extra pension payments linked to the right to work part-time, on the grounds that it is fully possible to have pension savings individually and that many companies today already accept a reduction of working hours for older employees who so request. Regarding the demand for an additional months parental pay, we see more difficult to reject, due to the fact that all of our counterparties have demanded this and that it has been agreed on the labor market in general.