The strike fund has exceeded 100 million

In a time marked by economic uncertainty, global unrest, and an increasingly expensive everyday life, Yrkestrafikkforbundet strongly equipped to meet the challenges that lie ahead. With a membership of almost 13,000 and a strike fund that has now exceeded 100 million kroner, marks YTF a historic economic milestone.

Union President Jim Klungnes shares encouraging news from the 2023 financial statements, which show impressive financial growth for the union. Our decision to transfer the profit directly to the strike fund has been a strategic and deliberate development over time, says Klungnes. From the 2023 financial statements, the union board transferred a record amount of 20 million directly to the strike fund. He emphasizes how this puts the union in a strong position ahead of the upcoming negotiations.

Increasingly strong unions

The last 10 years have YTF experienced a steady growth in membership, a development that underlines the union's ever-increasing importance and influence within the transport and logistics sector. Klungnes points out that this not only shows strong internal growth, but also sends a clear message to the industry that YTF's demands and the needs of our 13,000 members must be taken seriously. With every single collective agreement on the negotiating table in 2024, YTF positioned for a significant impact.

Increases strike support

To further strengthen members' financial safety nets, YTF made significant adjustments to the strike contribution. From autumn 2023, the contribution increased from just over NOK 4,000 to NOK 6,000 per week. This change ensures that members receive the necessary financial support in strike situations. In addition, it offers YTF an additional benefit of NOK 500 per week for each child under 18 years of age to single parents who participate in strikes. The strike benefit is tax-free.

YTF's preparations and adjustments ahead of the 2024 main settlement show a union that not only understands the current economic situation, but also one that is determined to ensure that members' voices and demands are heard in wage negotiations, concludes union leader Klungnes.