Inflation in Colombia pushes companies to rethink compensation for 2027

FinanceColombiaVanguardiaNov 9, 2026, 4:11 PMAI summary

With annual inflation at 6.29% in September 2026, according to DANE, companies in Colombia are seeking alternatives to improve workers' purchasing power ahead of 2027. These include non-salary extralegal benefits, which allow employers to supplement pay without proportionally increasing labor costs. Alex Robbio, CEO of Glim, says these mechanisms can deliver savings of up to 30% in labor costs compared with paying the same resources as salary.

In 30 seconds

Annual inflation in Colombia reached 6.29% in September 2026, according to DANE.
Restaurants and hotels (9.44%), health (7.79%) and food (6.74%) posted the largest increases.
Companies are turning to non-salary extralegal benefits to supplement income without proportionally raising labor costs.

Read the full story at Vanguardia

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

inflación
salarios
empleo
beneficios laborales
DANE

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.

Keep reading

Agricultural prices eased in October: Bolsa Mercantil index rose 0.22%
The Agricultural Price Index of Colombia's Bolsa Mercantil rose 0.22% in October from September, when it had increased 1.72%. Its annual variation fell from 5.86% to 4.79%, and in the first ten months of the year it accumulates a 4.95% increase, below the 5.83% of January-October 2025. In October, 48.5% of the index's 33 subclasses recorded increases, versus 60.6% in September. Dane will release the food inflation figure on Monday, November 9.
FinanceColombiaRevista Semana4:48 PMAI
Cali turns more than 300,000 tons of earthquake rubble into material for roads and furniture
Three months after the earthquake that hit Cali, the city government, through Uaesp, processes Construction and Demolition Waste at temporary clean points. At the site on carrera 50 with calle 5, mobile equipment sorts and crushes the material to obtain sand, crushed material and gravel, to be used in roads and urban furniture such as pavers, curbs and benches. The site has received more than 300,000 tons since August 12.
FinanceColombiaEl Tiempo3:48 PMAI
Millennials and Gen Z lead Colombia's gig economy, according to a TransUnion study
A TransUnion study released in November 2026 found that millennials make up 39% of surveyed gig economy workers in Colombia, followed by Gen Z (33%) and Gen X (25%). 59% plan to apply for financing in the next twelve months, compared with 39% of active consumers in the general population. The report analyzes credit access for people who work by tasks or projects, generally through digital platforms.
FinanceColombiaEl Tiempo2:16 PMAI
Turkey aims to electrify 35% of its economy by 2035 with a $500 billion plan
Turkey presented the "35 by 35" plan to raise electricity's share of its final energy consumption to 35% by 2035, within the framework of COP31 being held in Antalya. Energy Minister Alparslan Bayraktar presented a roadmap worth about $500 billion that includes quadrupling wind and solar capacity to 175 gigawatts. Environmental organizations question the initiative because about a third of the country's electricity comes from coal and there is no date to phase it out.
FinanceInternationalDiario del Sur1:04 PMAI

Inflation in Colombia pushes companies to rethink compensation for 2027

In 30 seconds

Comments

Keep reading

Agricultural prices eased in October: Bolsa Mercantil index rose 0.22%

Cali turns more than 300,000 tons of earthquake rubble into material for roads and furniture

Millennials and Gen Z lead Colombia's gig economy, according to a TransUnion study

Turkey aims to electrify 35% of its economy by 2035 with a $500 billion plan