Minimum wage in colombia 2025. It became valid on January 1, 2025.
Minimum wage in colombia 2025. 5% minimum wage hike after employers and labor unions failed to reach agreement. . 00 to COP1,623,500. The increase exceeds the annual Consumer Price Index by more than four percentage points. 00 COP) Monthly minimum wage + monthly transport subsidy: $ 1,623,500. Yearly increase: 9. 5% increase in Colombia’s minimum wage for 2025. 5% for 2025 In a significant move aimed at improving workers’ quality of life, President Gustavo Petro officially decreed a 9. 54% by decree after labor unions and the employers’ association failed to reach an agreement. Jun 4, 2025 · Stay updated on minimum wage laws in Colombia, including rates, industry trends, and tips for staying compliant with 2025 regulations. Nov 1, 2024 · In this article, we’ll explore the updated minimum wage in Colombia for 2025, its components, implications for businesses, and how it affects different sectors. Jan 1, 2025 · Minimum Wage – Colombia The current minimum wage in Colombia is COP1,623,500. Jan 14, 2025 · In December 2024, the Colombian government announced an increase to the minimum wage for 2025. 00 per month. Dec 26, 2024 · Colombia set the 2025 minimum wage increase at 9. The national minimum wage has increased from COP1,462,000. 54% increase from the previous year. Jan 9, 2025 · As of January 1, 2025, the Colombian Ministry of Labor increased monthly minimum salary and legal transportation aid for jobs in the private sector. 00 COP. May 28, 2025 · The minimum wage has been revised in Colombia with effect from 01 January 2025. Dec 26, 2024 · Colombia’s government decreed a 9. This change raises the monthly minimum wage from $1,300,000 to $1,423,500. It became valid on January 1, 2025. 54 % ($ 123,500. Dec 24, 2024 · Colombia's minimum wage will increase by 9. 54% in 2025, Colombia's President Gustavo Petro said on Tuesday, announcing the hike by decree after a deal was not reached between the Aug 8, 2025 · Current Minimum Wage in Colombia As of January 1, 2025, the official monthly minimum wage in Colombia is set at COP 1,423,500, reflecting a 9. Discover their impact on salaries, social security, and tax compliance. The new monthly minimum wage has been set at COP $1,423,500, excluding the transportation subsidy. 00 per month in 2025. Oct 10, 2024 · Formal negotiations will soon begin in Colombia to set the minimum wage for 2025, which has increased by 28 percent over the past two years. Jan 21, 2025 · Table of Contents It’s official: Colombia’s minimum wage rises 9. Jan 16, 2025 · Understand Colombia 2025 minimum wage increase and UVT updates. The wage hike that will take force in January is significantly higher than the estimated inflation rate for 2024. mncocbjxwozuylshpvtevfncdavgapdviivxmbbwjfjclrqsserydj