Minimum wage in Colombia: business proposal



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A few days before the minimum wage discussions begin, businessmen and union leaders have expressed that, due to the consequences of COVID-19 on the national economy, You have to be conservative in increasing wages.

So he told Blu Radio, Jaime Alberto Cabal, president of Fenalco, who considers that now the priority is to recover the jobs lost amid the pandemic.

“I think it is necessary, and it is Fenalco’s position, that we must be very conservative in raising the minimum wage and not overflow in order to remain competitive. and recover a large part of those two million jobs that are still lost during the pandemic, ”Cabal pointed out.

How much will the CPI 2020 be in Colombia and the minimum wage 2021

The leader of the trade union told the aforementioned station that 2020 will be an atypical year, taking into account that inflation will be below 2%.

But nevertheless, productivity had a negative performance due to the contraction suffered by the economy due to the confinements.

For the president of Andi, Bruce Mac Teacher, who also spoke with Blu Radio, the overall priority should be to strengthen the labor market.

“We have to find the best possible balance together. It is a call to workers to make the creation of new jobs very high in their priorities “Mac Master noted.

In that sense, and judging by the position of the unions, the increase in the minimum wage could be around 2% or 3%.

Workers ask for more for the 2021 minimum

Representatives of the unions and the workers’ centrals have suggested, as stated by Vanguardia, that Colombians need more resources and that only in this way can the economy be stimulated.

“We consider it essential to put money in the pocket of Colombians and one of the ways is by increasing the minimum wage, with the purpose of facilitating economic reactivation,” said Diógenes Orjuela, president of the CUT.

Although there is no final increase request, It is estimated that it is higher than 12% as union leaders argue that the increase must be considerable.

Discussions on minimum wage will begin on November 15, and will have the participation of the National Government, unions and representatives of the workers.



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