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Finnish Wage Bargaining — Actual Behaviour and Preferences

In: Collective Bargaining and Wage Formation

Author

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  • Kenneth Snellman

    (The Labour Institute for Economic Research)

Abstract

Wage changes at the industry level are examined and it is shown that differences in wage increases at the industry level are linked to the level at which bargaining on wages takes place. Non-participation in the centralised agreement has been associated with, on average, almost one per cent higher wage increases than participation. Wage drift has, to some extent, compensated employees in participating industries for lower bargained wage rises. In industry-level bargaining rounds there seem to have been fewer systematic variations both in bargained wages and in wage drift across industries. Survey responses do not indicate economically significant differences in opinions concerning the bargaining process corresponding to the differences in behaviour.

Suggested Citation

  • Kenneth Snellman, 2005. "Finnish Wage Bargaining — Actual Behaviour and Preferences," Springer Books, in: Hannu Piekkola & Kenneth Snellman (ed.), Collective Bargaining and Wage Formation, pages 133-151, Springer.
    • Handle: RePEc:spr:sprchp:978-3-7908-1598-6_10
    DOI: 10.1007/3-7908-1598-5_10
    as

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