There are only a few days left to determine what the minimum wage increase will be for 2024 in Colombia and No agreement has yet been reached between the government, union groups and employers.
The initial deadline for submitting proposals and reaching agreement at the dialogue table was Friday, December 15, but no agreement was reached. Then, The decision will be made in the coming days.
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According to the idea of \u200b\u200bthe first bilateral meetings, the deadline will be December 30, the maximum day on which negotiations will be held. The government should issue and publish the decree determining next year’s increase.
In this context, Minister of Labor Gloria Inés Ramírez made the following decision: Its mission is to bet on reaching an agreement between unions.
The latest proposal presented by the labor confederations last Tuesday was around 18 percent. SoThe idea of these groups is to increase the minimum wage from the current 1,160,000 pesos to 1,368,800 pesos, plus 165,915 pesos for transportation assistance.
As for the businessmen, they did not submit an offer because They sent a letter with two reasons for concern: The possibility of identifying a disproportionate increase in the economic outlook and discussing the increase while labor reform is being considered in Congress.
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“We hope to find a negotiated solution to the minimum wage,” Andi president Bruce Mac Master said. Additionally, Fabio Arias Giraldo, president of the Unitary Workers’ Center (CUT), gave the following assurance: “Our idea is to build in the midst of differences. “We agree to make this effort.”
Having said this, The most accurate data we have regarding the factors that will determine the increase is inflation..
According to Finance Minister Ricardo Bonilla, The approximate figure for the end of 2023 is 9.7 percent. Some experts make calculations by projection, taking into account that the increase cannot be less than the inflation figure predicted by the norm.
“Inflation will end at 9.7 percent, and the rule says inflation can’t fall below what it causes, This is the ground. Efficiency can be increased from this as well, provided it is around 10 percent,” Bonilla noted.
Taking into account the value of inflation, which is often the basis for this ranking of ideas and some analysts’ forecasts, The increase in the minimum wage will be 112 thousand 520 dollars. Therefore, in this hypothetical projection, the amount would be 1,272,520.
It remains to be seen what will happen in the last part of the discussions.
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Source: Exame
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
