Collective Agreement for the Commercial Sector Finland
Collective agreements are agreements made between an employer and its employees or their representatives that outline the terms and conditions of employment. These agreements typically cover areas such as wages, working hours, vacation time, and benefits.
In Finland, the collective agreement for the commercial sector is negotiated between the Service Sector Employers` Association (PALTA) and the Finnish Commerce Federation (FCF). The agreement covers employees working in retail, wholesale, and other commercial industries.
The latest collective agreement for the commercial sector in Finland was negotiated in 2020 and will remain in effect until the end of 2021. The agreement covers over 400,000 employees in the commercial sector, making it one of the most significant collective agreements in Finland.
One of the key provisions of the collective agreement is the annual salary increase for employees. In 2021, employees covered under the agreement will receive a 1.6% increase in their salaries. This increase is based on the average increase in the cost of living in Finland.
The agreement also covers working hours and overtime pay. The standard workweek in Finland is 40 hours, and employees covered under the collective agreement are not required to work more than 8 hours in a day. Overtime pay is also addressed in the agreement, with employees entitled to receive a premium of at least 50% for any hours worked over their regular schedule.
Vacation time is another area covered in the collective agreement. The standard vacation time for employees in Finland is 30 days per year, and this is also the minimum amount of vacation time that employees covered under the collective agreement are entitled to.
In addition to these provisions, the collective agreement also addresses issues such as sick leave, maternity and paternity leave, and other benefits.
Overall, the collective agreement for the commercial sector in Finland is an important tool for protecting and improving the rights and working conditions of employees in the industry. By negotiating with employers and ensuring that fair and reasonable terms are in place, the agreement helps to create a more equitable and productive workplace for all involved.