Minimum wage 2021 in Colombia: how much would it increase?



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This is what Fedesarrollo proposes, which ensures that the increase in the minimum wage in Colombia should not be higher than that figure, among other things, because it will be the accumulated inflation of this 2021 will be around 2%.

Added to this, Caracol News cites, Fedesarrollo considers that productivity in the country will end the year affected by unemployment and the situation experienced by thousands of companies due to the crisis.

If the 2.5% proposal has a future at the negotiating table, which will meet from next November 30, the increase in the minimum wage in Colombia would be close to 22,000 pesos, that is, it would be set at almost 900,000 pesos.

Minimum wage 2021 in Colombia

Fedesarrollo’s figure is very far from the 15% that the workers’ centrals aspire to and that they would bring to the table in the next few days. According to the workers, this increase should be given so that the minimum wage is finally set at one million pesos.

On the sides of the Central Unitaria de Trabajadores (CUT) and Fecode, the figure that is handled is that the minimum wage of 2021 should increase between 6% and 15%. If the first figure comes from, the amount could rise to about 52,600 pesos and would be 930,400 pesos.

In case a long-awaited increase of 15% is achieved, the minimum wage in Colombia would rise 131,670 pesos, that is, It would be located at a global figure of 1’009,472 pesos, according to the estimates of the syndicated, published by the newspaper La República.

Negotiation of the minimum wage in Colombia

The schedule to define the increase for next year was set a few days ago. Next Monday, November 30, central workers, businessmen and workers will meet.

“We need to move forward with the minimum wage issue and we are living a very difficult time. Therefore, the stage remains open to discuss and dialogue on different issues, as well as the implementation of public policies. The idea is to listen to each other and find a way out for this country ”, explained the minister, during a forum that was replicated by the Data IFX portal.



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