Collective agreement demands now exchanged: What negotiators say
The process of landing a new collective agreement for 46,000 financial sector employees is in full swing. And three topics top the list for both parties.
New negotiators
This is her first time at the negotiating table, and the same applies to the other side of the table, where Finance Denmark takes on the role as employers' association following the closure of the Danish Employers' Association for the Financial Sector.
"As employers, we want a balanced collective agreement ensuring financial responsibility and increased competitiveness to the benefit of banks, employees and society. This also applies to the coming years when falling interest rates are generally expected to result in lower earnings in the sector," says Morten Schønning Madsen, CEO of Finance Denmark/Employer.
Intend to secure good financial sector jobs
The collective agreements between Finance Denmark/Employer and Finansforbundet cover 116 organisations such as banks and mortgage credit institutions as well as the data centres providing solutions for the financial sector.
"We look forward to getting to work because together with the companies and the new employers' association, we have an important task in reaching a strong collective agreement, which will ensure good jobs in the financial sector throughout a lifetime," says Dorrit Brandt. President of Finansforbundet.
It is also the intention of Finance Denmark/Employer to retain attractive jobs in the sector.
“To ensure that we can keep attracting qualified manpower in future. By expanding and developing the financial sector talent pool, we’ll support innovation, growth and prosperity throughout Denmark," says Morten Schønning Madsen.
The current collective agreement between Finance Denmark/Employer and Finansforbundet expires on 31 March 2025. According to the plan, a new collective agreement is therefore to enter into force on 1 April 2025.