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Colombia Raises Monthly Minimum Wage by 7% for 2017
The new monthly minimum will be 820,857 pesos, or just over $272 USD.
Posted On December 30, 2016
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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
Colombia Raises Monthly Minimum Wage To $644,350 (US $270 as of Jan.20) For 2015
Mintrabajo, Colombia’s ministry of labor, announced that the monthly minimum wage throughout the country will be set at $644,350 pesos per month, an increase of 4.6%. The labor minister, Luis Eduardo Garzón, announced that the increase was higher than in previous years, thus...
Posted On January 20, 2015
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