Minimum wage increase should be between 8% and 9%, Bancolombia chairman says

FinanceColombiaELHERALDO.COOct 23, 2026, 3:28 PM30 s readAI summary

Juan Carlos Mora, chairman of Bancolombia, said the minimum wage increase for 2027 should be between 8% and 9%. Speaking at a press conference at the Camacol Congress, Mora said the mechanism should combine inflation, productivity and "a few small points." He added that the suggested increase is reasonable for the economy and for workers, and that the social component of the minimum wage must also be considered.

In 30 seconds

Mora proposed a minimum wage increase of between 8% and 9% for 2027.
He suggested applying the inflation-plus-productivity mechanism and adding a few small points.
He said the increase is reasonable for the economy and for workers.

Read the full story at ELHERALDO.CO

IASummary generated by artificial intelligence from a story by ELHERALDO.CO. It may contain errors: the original source prevails.

salario mínimo
Bancolombia
empleo
inflación
Colombia

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Minimum wage increase should be between 8% and 9%, Bancolombia chairman says

In 30 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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