Denmark: agreement renewing the banking collective agreement

“These discussions were unusually long and complicated (…).  The economic situation in the sector and in society brought up pressure like I’ve never seen in all my years of conventional bargaining” declared Kent Petersen, leader of the Finansforbundet union*, when talking about the agreement reached on February 4 with the Finanssektorens Arbejdsgiverforening (FA) employers’ organization for the renewal of the banking collective agreement.  Valid for two years (April 1, 2012-april 1, 2014), the workers will vote for the agreement in a referendum by mid-March. 
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nventional bargaining” declared Kent Petersen, leader of the Finansforbundet union*, when talking about the agreement reached on February 4 with the Finanssektorens Arbejdsgiverforening (FA) employers’ organization for the renewal of the banking collective agreement. Valid for two years (April 1, 2012-april 1, 2014), the workers will vote for the agreement in a referendum by mid-March.


“Crisis” wage increase. On July 1, 2012 and on July 1, 2013, wages will increase by 1 percent, i.e. 2 percen

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