Fenalco proposes a maximum 9% increase for Colombia's 2027 minimum wage
Fenalco, through its president Jaime Alberto Cabal, proposed that the 2027 minimum wage increase should not exceed 9%, based on the country's inflation and productivity. The proposal comes ahead of negotiations between the Government, business groups and labor unions, initially scheduled for November 25, 2026, though the Executive would consider moving them forward. Cabal questioned the methodology of the previous negotiation, which included the living wage concept and resulted in a 23% increase.
In 40 seconds
- Fenalco proposes that the 2027 minimum wage increase not exceed 9%, calculated with inflation and productivity.
- The guild asks to return to the inflation and productivity formula and questions the living wage criterion used in the previous negotiation, which closed at 23%.
- Talks between the Government, employers and labor unions were initially scheduled for November 25, 2026, with a possible move to the third week of the month.
Read the full story at El Tiempo
IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.