The Standard collective agreement
Here you can see what the negotiators from Finansforbundet and FA (the Danish Employers’ Association for the Financial Sector)
Disclaimer – English translation
This English version is provided as a service to our English-speaking members.
In the event of any discrepancies or doubt between the English translation and the original Danish text, the Danish version shall prevail.
Unfortunately, certain agreements and guidelines are only available in Danish.
Collective agreements
Finansforbundet has entered into a wide range of collective agreements. Below you will find the collective agreement that applies specifically to your company. The collective agreements have either been entered into with an employers’ association or with the individual company.
Collective agreements entered into with employers’ associations cover all companies that are members of the employers’ association, whereas collective agreements entered into with an individual company apply solely to that company’s employees or, where the group owns several companies, to the employees of the group.
The Standard collective agreement (STOKen)
Financial companies that are members of Finance Denmark Employers Association (FIDA/A) are typically covered by the Standard Collective Agreement (STOKen), concluded between Finansforbundet and FIDA/A. Please note, however, that certain FIDA/A member companies, for example within FinTech and neobanks, are not covered by the STOK.
These companies are instead covered by another collective agreement, such as Finansforbundet’s FinTech Framework Agreement.
Finansforbundet and FIDA/A have also agreed on the following joint guidelines and protocol agreements associated with the Standard Collective Agreement (STOKen).
Vejledning om Omsorgsdage 2025 [Dependants' leave]
Vejledning om Arbejdstid 2025 [Working hours]
Vejledning om Jobløn og selvstændig arbejdstilrettelæggelse 2025 [Fixed salary and independent work organisation]
Vejledning om Lokalaftaler 2025 [Local agreements]
Vejledning om Deltagelse i møder/kurser 2025 [Participation in meetings and course events]
Vejledning om Pension 2025 [Guide on pension]
Protokollat om forskerordning 2023 [the researcher taxation scheme]
Overgangsprotokollat om barsel og adoption 2022 [birth-related leave and adoption]
Tillæg til rammeaftale om distancearbejde 2021 [Addendum to the Framework Agreement on Remote Working]
Conflict exemption 2025
Protokollat om folkepensionister og studerende - værdien af overenskomstgoder 2025 [Protocol agreement on Pensioners and Students – The value of employment benefits]
In connection with certain companies joining Finance Denmark Employers Association (FIDA/A), Finansforbundet and FIDA/A have, pursuant to Section 7 of the STOK, agreed on a number of special provisions for specific companies.
Below, you can see which companies that are subject to special provisions and what those special provisions contain.
Companies that are not members of Finance Denmark/Finance Denmark Employers Association (FIDA/A) may choose to enter into an accession agreement with Finansforbundet. An accession agreement stipulates that the terms and conditions of employment must be identical to those laid down in the Standard Collective Agreement, unless otherwise agreed between the company and Finansforbundet. Below is a list of companies that have accession agreements.
• Citibank
• Eurogiro Holding
• Fondsmæglerselskabet Investering og tryghed
• Schroder Investment Management Fondsmæglerselskab
Company Collective Agreements (VOK)
VOK is the term used for a number of collective agreements that Finansforbundet has concluded with companies or corporate groups that are members of FIDA/A.
Express Bank - Agreement 2020-2023 has been prolonged
Special Collective Agreements
Finansforbundet's Special Collective Agreements are collective agreements concluded with companies that are not members of Finance Denmark Employers Association (FIDA/A). Below, you can find the agreements and see whether you are employed by one of the companies with which we have concluded a special collective agreement.
FinTech Collective Agreements
Companies that are members of the Association of FinTech Employers (AF) are covered by the Framework Collective Agreement for FinTech Companies, concluded between AF and Finansforbundet. AF is a relatively new employers’ organisation, established in 2021, and therefore currently has only a limited number of member companies.
In addition to the FinTech Framework Collective Agreement, we also conclude a company collective agreement with each individual FinTech company. At a minimum, the company collective agreement must contain provisions regarding:
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Working hours
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Pension and insurance
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Salary
As an employee of one of the FinTech companies that is a member of AF, you should therefore consult both the Framework Collective Agreement and the company collective agreement to gain a complete overview of your salary and employment terms and conditions.
The FinTech Framework Collective Agreement
Insurance Representatives
Within the insurance representative area, the ROK applies to companies that are members of Insurance & Pension Employers (F&P Employers). The ROK has been concluded between F&P Employers and Finansforbundet.
In addition to the ROK, the local associations of insurance representatives conclude a company collective agreement with their respective company. As an insurance representative in one of the companies where an association of insurance representatives has been established, you should therefore consult both the Framework Collective Agreement and the local collective agreement to gain a complete overview of your salary and employment terms and conditions.
Finansforbundet and F&P Employers have also agreed on the following joint guidelines associated with the ROK.
Guidelines on Sick Pay (2005) – Contact Collective Bargaining