The wage system is an integral part of the collective agreement as it defines the minimum wage. A collective agreement (TES) is a contract between a trade union and an employers` union on the terms and conditions of employment in this area. However, your company may also fall under the rules of a collective agreement if, as part of a merger or acquisition, you have acquired activities and employees covered by a collective agreement and you have not taken advantage of the possibility of waiving the collective agreement under the Danish Workers` Rights Act in the case of a business transfer act. The labour and employment legislation adopted by the Finnish Parliament lays the foundations for collective agreements. Since minimum wages are not defined in Finnish labour and employment legislation, workers` wages are based on collective agreements negotiated by trade unions. .