Colombia raises minimum wage by 12%
Colombia’s Labor Ministry raised the country’s minimum wage by 12% to $335 (COP1.3 million). The wage hike affects the monthly income of some 2.5 million workers and is more than…
Colombia’s Labor Ministry raised the country’s minimum wage by 12% to $335 (COP1.3 million). The wage hike affects the monthly income of some 2.5 million workers and is more than…
Colombia’s finance minister proposed to temporarily allow employers to hire workers for 80% of the country’s $250 monthly minimum wage, claiming this would boost economic recovery. Finance Minister Alberto Carrasquilla…
Almost half of Colombia’s senators signed off on a proposal to urgently implement a guaranteed minimum income for more than 70% of the population. The radical proposal would temporarily guarantee…
Colombia’s President Ivan Duque raised the country’s monthly minimum wage 6% to almost $268 (COP877,803) after employers and labor unions failed to come to an agreement. The labor unions, emboldened…
Colombia’s government has touted a $14/month minimum wage hike as the “most significant in 25 years.” The government of President Ivan Duque decreed a 6% increase in minimum wage that…
One of Colombia’s largest labor unions demanded a 9% increase in minimum wage on Sunday ahead of annual negotiations with employers that haven’t led to consensus in years. The labor…
Colombia’s government decreed a minimum wage hike of 7% after labor unions had walked out of weeks of ritual but fruitless negotiations with employers. Labor Minister Clara Lopez announced the decree…
Colombia’s poor await a tough year with soaring food prices, a possible sales tax hike and a recent increase in minimum wage that fails to curb a drop in half of the labor force’s purchasing…
As Colombia’s employers and unions begin their annual negotiation about the country’s minimum wage earned by more than half of the population, banks on Tuesday proposed a 6% increase, the…