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For Mario Hernández, the salary increase for next year It must be beyond the inflation caused, which is estimated at 1.9%, according to calculations by the Banco de la República.
“The idea of proposing a wage increase that allows people, particularly the poorest, to have additional compensation for the inflation caused, has nothing irresponsible,” said the businessman, in his most recent column in the newspaper Portafolio.
Hernández considers that a better increase in the minimum wage in Colombia would translate into social justice, and it would also be “key to boost aggregate demand.”
“Companies and governments can make cuts in budget items that have nothing to do with productivity and efficiency,” said the businessman in his column.
Minimum wage 2021: proposal of the labor unions
Mario Hernández’s position is in line with the demand made by the workers’ centrals and unions in Colombia for the minimum increase to be greater than 10%.
Even workers’ representatives have launched a figure of up to 15% increase, which could set the minimum at more than one million pesos. However, this value is the least viable, according to the considerations of the workers.
Andi defends a low minimum wage by 2021
The desire of the workers and of Hernández himself has been affected by the position of employers who resist raising the minimum wage by more than 2%. This Monday, even the president of Andi, Bruce Mac Master, defended the businessmen’s proposal because he considers that a higher increase could bring problems for the economy.
“The country has to rally around job creation and that simply makes sense in the end. If one has some salary positions that are not exaggeratedly high, many people will have the opportunity not only to hire, but to hire formally, “said the leader of Andi, on Blu Radio.
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