The increase in the minimum wage would be between $ 39,000 and $ 78,000



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Although the discussion has only just begun and is expanding into a first phase until December 15, some positions on the numbers that will mark the negotiation have already been unveiled.

The director of Fedesarrollo, Luis Fernando Mejía, recalled that the discussion on the minimum wage is anchored in elements such as inflation, which could close the year around 3.4% and productivity. In this sense, he felt that the reasonable range of discussion on the salary increase is between 4% and 5%.

Workers are talking about a proposed 10% increase, while suggestions from thought centers and entrepreneurs are more limited.

For its part, the guidelines of the National Association of Financial Institutions, Anif, have ensured that the increase is 4%, since an increase of 5% or more could have an effect on employment and the informal sector , considering the following: that the Colombian economy has not yet reached its growth potential of 3%.

Under this scenario, the range of discussion for the increase will be between $ 39,062 and $ 78,124.

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