Collective agreement approved: next steps
From 10 March, members will be asked to vote on the collective agreement, which Finansforbundet's Assembly of Representatives has Tuesday approved.
Several questions from the podium
Prior to the formal approval of the agreement, delegates from the local branches took turns on the podium. They asked many clarifying questions about the agreement.
Overall, there was support for the new collective agreement, and, for instance, the new opportunities for seniors and more funds for the Finance Competence Fund were emphasised as good elements of the agreement. Moreover, the fact that many of the benefits already included in the collective agreement have been retained enjoyed support from the podium.
Several delegates did, nonetheless, take the opportunity to mention the elements of the agreement that they and their base are not entirely satisfied with. It was, for example, highlighted that some would have liked a greater pay packet.
Now it's up to the members
From 10 March, it will be up to the approximately 33,600 members entitled to vote to cast their vote on the agreement, which among other benefits ensures a salary level between 7.4 and 8.6 per cent over three years, an increased Finance Competence Fund and the establishment of a free-choice bank.
Dorrit Brandt encourages you to express your opinion.
"It's crucial that you as a member express your opinion, because the collective agreement is about everyday life for employees in the financial sector. It's based on wishes and input from members and delegates, and it's important to take a position on the final agreement," she says, while making no secret of the fact that she also hopes that members will support the result.
"Overall, we’ve reached a solid and fair agreement for the coming years, which Finansforbundet’s Assembly of Representatives recommends you vote in favour of," she says.
The ballot opens on 10 March.
Who is covered by the collective agreement?
The collective agreement applies to employees of organisations that are members of Finance Denmark/Employer and, thus, covered by the standard collective agreement (STOK).
In the coming months, a number of financial services enterprises will also be negotiating local enterprise-level agreements (VOK). The enterprise-level agreements will be based on the main result, but be adapted to local conditions.
If you work for a company subject to a VOK, you are entitled to vote in both STOK and VOK ballots.