Grupo Cibest chairman proposes adjusting Colombia's 2027 minimum wage by inflation and productivity, with a rise of 8% to 9%

FinanceColombiaEl País (Cali)Oct 23, 2026, 12:29 PM35 s readAI summary

Juan Carlos Mora, chairman of Grupo Cibest, said at the Camacol 2026 Colombian Construction Congress that the 2027 minimum wage adjustment should follow inflation plus productivity, with "a few small points" on top. Under those criteria, he estimated the increase could land between 8% and 9%. Mora said the social component of the minimum wage must also be considered. Formal talks are due between November and December at the Permanent Commission for the Coordination of Salary and Labor Policies.

In 35 seconds

Mora proposes setting the 2027 increase by inflation plus productivity, with a few additional points
The Grupo Cibest chairman estimated a possible adjustment of between 8% and 9%
Mora called for balancing technical criteria with the social component of the minimum wage

Read the full story at El País (Cali)

IASummary generated by artificial intelligence from a story by El País (Cali). It may contain errors: the original source prevails.

salario mínimo
Grupo Cibest
Camacol
empleo
Colombia

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Grupo Cibest chairman proposes adjusting Colombia's 2027 minimum wage by inflation and productivity, with a rise of 8% to 9%

In 35 seconds

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Keep reading

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