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//labor
Photo: Juan Cano - Presidency
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Government Sets 2023 Minimum Wage For Colombia

Petro confirmed a salary increase of16% and an increase in the transport subsidy of 20%.
Posted On December 16, 2022
, By Loren Moss
Photo © Loren Moss
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Colombia Sets Minimum Labor Wage For 2022

The Colombian minimum monthly labor wage for a full-time worker is roughly $260 USD + benefits
Posted On December 16, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
2

More Turmoil At EPM: CEO Alvaro Rendón Dares Medellín Mayor Daniel Quintero To Fire Him

EPM General Manager Alvaro Rendón says he will resign only after meeting with the Board of Directors, despite Medellín Mayor Daniel Quintero's request for his head; this just days after Quintero dismissed Rendon's ouster as politically motivated false rumors.
Posted On February 1, 2021
, By Loren Moss
Photo credit: Loren Moss
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Colombia Sets Minimum Wage For 2021

The Colombian government has set minimum legal wages, transportation subsidies, and the integrated wage for higher paid employees for 2021, reflecting a 3.5% increase over 2020 levels.
Posted On January 19, 2021
, By Loren Moss
monedas
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Are You A Member? Support Finance Colombia, Receive Exclusive Benefits & Access

Thank you for being a consistent reader of Finance Colombia. We are committed to maintaining our free subscription model, but were you aware of the benefits of being a paid member?
Posted On September 16, 2020
, By Loren Moss
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Colombia Is Now The 37th Full Member Of The OECD

Colombia has completed the 8-year accession process, now making it a full member of the OECD: The Organization for Economic Cooperation & Development based in Paris.
Posted On April 29, 2020
, By Loren Moss
Protesters in the Colombian capital of Bogotá, Colombia: EEIM – CC BY-SA 4.0,
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Explainer: Why Are Colombians Protesting & Striking?

On November 21, massive protests took place throughout Colombia; the largest at least since 1977, over 40 years ago. Though limited labor union strikes and university student protests are fairly common in Colombia, this was a public action unseen in Colombia for at least two...
Posted On December 2, 2019
, By Loren Moss
pilot avianca colombia ODEAA labor deal strike negotiations
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Avianca Signs New Labor Deal with Pilots’ Union that Raises Salaries and Ends Threat of Disruption to Operations

The labor deal between Avianca and the ODEAA "includes a substantial increase in the gross income of pilots and co-pilots," according to the airline.
Posted On March 31, 2017
, By Jared Wade
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Colombia’s Minimum Wage For 2016 Set At $689,455 Pesos ($217 USD) Per Month. Congress To Get $8,426 USD Per Month

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Posted On December 31, 2015
, By Loren Moss

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