Could the National Government Present a Transitional Decree for the Minimum Wage at 23% Again?

The minimum wage in Colombia continues to be the center of a debate that generates uncertainty among workers and employers.

Could the National Government Present a Transitional Decree for the Minimum Wage at 23% Again?

TL;DR

  • The State Council ordered the Colombian government to present a new transitional decree for the minimum wage.
  • The previous 23% minimum wage increase is suspended, not eliminated, pending a final decision.
  • Businesses should continue applying the December decree's wage increase until a new decree and final ruling are issued.
  • The concept of 'vital and mobile minimum wage' is a key element in the ongoing debate and potential final ruling.
  • President Petro has called for a meeting to discuss the transitional decree, emphasizing a 'vital and mobile' minimum wage.
  • Business leaders are urging for calm and the maintenance of current wage levels.

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