After two fruitless attempts by the social partners to agree, Finland’s government has announced its intention to adopt, in the upcoming weeks, significant legislative measures geared to lowering the labor costs that companies are currently facing. The measures risk prompting a social crisis.
Two failed attempts to agree a contract for social competitiveness. Finland’s new Prime Minister, Jula Sipilä, has tried, in vain, to impose measures geared to improving the Finnish economy’s level of competitiveness and in particular he tried to introduce a 5% lengthening in working time whilst without receiving any change in salary, employees would gain improved job security (for example in terms of training for workers who are laid off, and in terms of better redundancy payments)....
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