Sweden: the Teknikföretagen employers’ organization terminates the collective agreement in the industry, by which it won’t be covered after October 31, 2010

A collective agreement failing its initial mission. This framework collective agreement, also known as “cooperation agreement on the development of the industry and on wages” was signed in March 1997 by the different partners in the industry. It was signed after a rulebook slowdown organized by IF Metall (metalworkers union). The objective was to promote industrial development, competitiveness and the viability of businesses affiliated with the signatory organizations. As a consequence, it met the necessary requirements so the different partners could engage in constructive negotiations while avoiding social conflict and reaching a balanced outcome. In retrospect, all the partners to the agreement acknowledge that the manufacturing collective agreement has help develop the competitiveness of Swedish businesses.