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Financial Participation

Finnish trade unions show general approval of profit-sharing and this is positively reflected in both legislation and implementation in companies.

For a long time social partners concentrated their negotiations on promoting employee funds, with these being supported both by trade unions and employer organizations.1 With interest for employee financial participation schemes growing, social partners’ initiatives and discussions are beginning to focus on changing the organizational framework conditions and gaining greater wage flexibility through participation schemes. The subjects of share ownership and share options are generally not part of collective negotiations.2

Wilke, Maack and Partner (2014) Country reports on Financial Participation in Europe. Prepared for www.worker-participation.eu. Reports first published in 2007 and fully updated in 2014.