Salaries will increase by 2% per year to a total of 6% over the next 3 years.
General salary increases of 4.2% have been agreed for companies covered by standard collective agreements (SCA), distributed by 2% in 2020, 1.2% in 2021 and 1% in 2022.
General salary increases of 3.4% have been agreed for companies covered by company collective agreements (CCA), distributed by 1.2% in 2020, 1.2% in 2021 and 1% in 2022.
As something new, the option for salary pools has been introduced in all companies. It is a condition that the management and professional representative of the individual company agree on the principles that apply to salary formation in the company. The professional representative negotiates the distribution of the salary pool on the basis of these salary principles. The option for local salary pools enters into force in 2021.
This means that salaries in companies with standard collective agreements will generally be adjusted by 2 per cent this year. It has been agreed that 0.8 per cent as of 1 July 2021 and 1 per cent as of 1 July 2022 may be negotiated and distributed in the local salary pools of the companies.
The pools must be distributed. This means that the total salary increase will be 6% over 3 years.
For companies covered by CCA, Finansforbundet and FA have agreed that salaries will be adjusted by 1.20 per cent on 1 July 2020, 1.20 per cent on 1 July 2021 and 1 per cent on 1 July 2022.
This means that 0.8 per cent as of 1 July 2020, 0.8 per cent as of 1 July 2021 and 1 per cent as of 1 July 2022 may be negotiated and distributed as a local framework in connection with the renewal of CCA.Adjustment of the fixed rates in CCA and SCA
Fixed rates in SCA and CCA will be adjusted by 6%, as they are primarily rounded to the nearest whole 5 Danish kroner. When no rate is mentioned in CCA, it is the same rate specified in SCA. The detailed implementation of the fixed rates in CCA shall take place by local agreement. Furthermore, the same practice used in previous renewals of collective agreements shall also be applied.
Protocol on Bachelor of Engineering students
The protocol on the employment of Bachelor of Engineering students during the compulsory training period is included in the standard collective agreement. The pay rates will be adjusted by 2 per cent as of 1 July 2020, 2 per cent as of 1 July 2021 and 2 per cent as of 1 July 2022.
New salary and working time system
The seniority-based framework and scale system no longer exist. A minimum salary of DKK 25,000 excluding pension and three distinctions above this has been introduced. A distinction at DKK 53,000 excluding pension for job pay, a distinction at DKK 70,000 for contractual employment and a distinction at up to DKK 75,000 for contributions to the Finanskompetencepuljen (Finance Competence Fund) and education grant. All amounts are monthly salaries. No one will have their salaries reduced and there are no grading rates. Transitional provisions have been agreed to, i.a.; ensure that you do not lose the salary expectation you have if you are not at the final stage.
Definition of job function based on work tasks
This is only a minor adjustment to the provisions defining the job functions of employees.
Increase in pension contributions
Pension contributions shall be increased to at least 16.9 per cent, and at least 11.65 per cent of this shall be from the company. Pension contributions will increase by 0.25 per cent on 1 July 2020, 0.25 per cent on 1 July 2021 and 0.15 per cent on 1 July 2022. The increases will apply to everyone.