Norwegian Unions, Employers Agree Deal For 2.4% Wage Increase


OSLO, March 14 (Reuters) - Norwegian labour unions and Norway's biggest employers' organisation have agreed a wage deal for 2017, avoiding a strike, the two announced on Tuesday.

The agreement between LO and YS, two umbrella groups for Norwegian unions, and the Confederation of Norwegian Enterprise (NHO), the employers' organization, covers a broad section of manufacturing workers and is expected to set guidelines for other wage talks in Norway.

The agreement will result in a 2.4 percent increase in wages, the groups said.

"Wages in Norway are among the highest in Europe. Therefore, the rise in wages at home has to be lower than in the countries we compete with," said Kristin Skogen Lund, the head of the NHO.

The deal includes workers in the oil industry, but employees working on many offshore drilling rigs will hold their own talks later.

(Reporting by Terje Solsvik, writing by Nerijus Adomaitis, editing by Larry King)

Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Administrative Assistant
Expertise: Secretarial or Administrative
Location: Lenorah, TX
HR Business Partner (Contract)
Expertise: HR - General
Location: Houston, TX
Billing Specialist | Full-Time | Houston, TX | Immediately
Expertise: Accounting|IT - SAP / ERP|Payroll
Location: Houston, TX
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours