After The Strikes - An Employee Investment Analysis of the Outcomes of the 2008 Public Sector Strikesin Denmark.
From April to June 2008, three groups of public sector employees - nurses, social careassistants and kindergarten teachers - went on strike in order to try to improve their relative wage gains, the strikes lasting between four and eight weeks. Did this pay off? On the basis of an investment calculus, we can show in the article that only a well-prepared and relatively short strike with substantial gains may succeed in a positive payoff (as was the case for the social care assistants). Small gains or a more protracted strike (the latter due to the lack of the will to compromise) lead to negative payoffs of a significant magnitude. In fact, we can show that the latter two groups will need 10 (nurses) or 15 (kindergarten teachers) years respectively to recoup the costs to their strike funds.