Helsinki (12.03.2020 - Heikki Jokinen) There is clear evidence that the income gap between employees and publicly listed company chief executives has widened significantly in the past year. Now, a private sector employee must work for 47 days to earn what a major listed company CEO earns in a day. A year before, it took 34 days' work.

March 9 was the moment at which the average private sector employee earnings of this year surpassed a private company chief executive’s daily pay. A year before the date was February 18.

The figures are calculated annually by the Finnish Confederation of Professionals STTK. They take into account the longer working hours of CEOs, too. The calculations are inspired by the Fat Cat Day in the UK.

Helsinki (03.03.2020 - Heikki Jokinen) By now, most of the industry sectors have agreed upon new collective agreements. For example, the Industrial Union announced on 24 February that they have reached a resolution in negotiations for all of their collective agreements in the technology sector.

Trade Union Pro has also made new progress in collective bargaining, being able to close some deals and move forward in other negotiations. The employers are finally ready to negotiate and strike a deal with Pro, after a long period of reluctance to do so.

Signs of an end to the deadlock in the private services sector are also apparent after Service Union United PAM reached major agreements for the retail trade and facilities services. However, PAM still has many agreements to negotiate.

Helsinki (25.02.2020 - Heikki Jokinen) Unpaid work will now end in the mechanical forestry industry also, the Industrial Union says. The new collective agreement for sawmills and plywood factories drops the notorious 24 annual unpaid working hours, which was effectively steamrolled into collective agreements in 2016 by Finland's then right-wing Government.

The Industrial Union agreed on 23 February to the proposal made by the National Conciliator. The employers accepted it, too.

The agreement follows the general line of this negotiation round: a 3.3 per cent pay rise with a 25 months agreement. And the unpaid hours are gone.

Helsinki (19.02.2020 - Heikki Jokinen) The press journalists' new collective agreement follows the general line of pay rises and ditching of the 24 unpaid extra working hours included in the old agreement.

On 19 February, the Council of the Union of Journalists in Finland UJF unanimously approved the settlement reached in negotiations with the employers' Finnish Media Federation. They had already signalled acceptance of the deal some days earlier.

The issues at hand were similar to the other negotiations: pay rise level, what to do about the 24 annual extra unpaid working hours appended to the collective agreements under strong political pressure in 2016 by the then right-wing government, and other questions concerning working time.