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Here is your company collective agreement

Employees of the Danske Bank group are covered by a company collective agreement between Finansforbundet i Danske Bank and Danske Bank. Read the agreement and get an uptate on the current OK25 negotiations

Introduction

The members of Finansforbundet have overwhelmingly approved the new collective agreement (STOK).

The VOK-negotiations are ongoing. 

Read more about the STOK-result

Read the FAQ and find answers to the most frequently asked questions on the threshold of the conclusion of a new standard agreement (STOK).

(We will regularly update this FAQ)

FAQ

What is the current status?

The current status is that on February 25 the Board of Representatives in Finansforbundet recommended sending the STOK result for a referendum at the members.

The members of Finansforbundet votes yes to collective agreement

Read more about the new STOK result

Negotiations on the company collective agreement in Danske Bank are expected to be completed on 3 April. Afterwards, an information meeting for union representatives and a referendum will be held.  

When are you negotiating the company collective agreement (VOK) here at Danske Bank?

The first negotiating took place 27 February with negotiations up to April 3. If you are a union representative, you are invited to an information meeting to be held on April 4 on Danish.

The same information meeting will be held April 6 in English. 

All dates can be changed.

Why do I have to vote twice?

The content of the standard collective agreement (STOK’en) apply to the entire financial sector, whereas the company collective agreement (VOK) only applies to employees of Danske Bank.

You must therefore vote on both collective agreements. However, it is important to stress that the elements of the VOK may change from what was agreed in the STOK’.

At what time does the STOK and VOK apply?

The results of both agreements will apply from 1 April 2025.

If a result is reached after that date, the content of the agreements will apply retroactively.  

If I am employed on an individual contract, do the content of the collective agreements also apply to me?

If you are employed under an individual contract, some of the content of the collective agreement, such as insurance, will also apply to you. Other elements may have a knock-on effect for you on an individual contract.  

Read more about your employment conditions as an employee on an individual contract.

Is it of any significance in Danske Bank that the weekly working hours for it employees in the new STOK goes from 36 to 37 hours?

No, it does not. It is correct that there is an element in the STOK agreement that IT employees will go from 36 hours to 37 working hours pr. week.

In our company collective agreement (VOK), it was changed to 37 hours a few years ago. So it will have no consequences or changes for us at Danske Bank.

Last updated March 31, 2025

The company collective agreement

See your company collective agreement which applies from 1. April 2023 to 31. March 2025.

Read more

Learn more about collective agreements

Read more about the collective agreement system.

Fact sheet: What is a collective agreement? (pdf)

Fact sheet: The composition of your working conditions (pdf)

Do you have questions about the collective agreement?

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Our legal counsellors are always happy to help answer your questions about the collective agreement or you working conditions in general.