Feb 17 • 06:01 UTC 🇳🇴 Norway Aftenposten

VG: LO will fight for around 4 percent wage growth

The Norwegian trade union LO aims to secure a wage increase of approximately 4% in upcoming negotiations, highlighting concerns over rising wage disparities.

As Norway approaches its wage negotiations, the trade union LO, led by prominent figures including Christian Justnes, Kine Asper Vistnes, and Helene Skeibrok, is gearing up to advocate for a significant wage increase of around 4%. This demand emerges amidst reports of a robust economic performance by most companies in the country, with the union arguing that employees deserve a larger share of the value created by their work. The negotiations are set to begin on March 22, 2023, and the proposed wage growth could result in an increase of between 25,000 to 40,000 NOK, although inflation may diminish the real value of these raises.

The union leaders have expressed serious concerns regarding the increasing wage disparities not only in Norway but globally. They warned of severe implications should these differences continue to widen, drawing parallels to trends seen in other countries such as the United States, where real wage growth has stagnated for decades. They advocate for a collective push to ensure that employees see tangible benefits from the economic growth, which they believe is crucial for maintaining social equity.

Overall, the upcoming negotiations represent a critical moment for labor relations in Norway, emphasizing the need for fair compensation practices. The outcomes of these negotiations may influence public opinion and set precedents for future wage discussions, while also reflecting the ongoing dialogue about economic justice and worker rights in a changing global landscape.

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