Results following the recent strike action

On 16 April 2023, LO (The Norwegian Confederation of Trade Unions), YS (The Confederation of Vocational Unions) and NHO (The Confederation of Norwegian Enterprise) confirmed that there was a breakdown in the wage negotiations. On Monday 17 April 2023, 25 000 employees went on strike. After four days of the strike, the parties reached an agreement on a framework for a 5.2% wage increase. Additionally, a general wage increase of NOK 7.5 per hour was agreed upon. These numbers will now establish a framework for further negotiations. The result of the strike may pose a challenging cost increase for many companies that are already struggling financially due to inflation and increased operating costs.