There is less than a week left until the deadline for workers, employers and the Government to reach an agreement on increasing the minimum wage by 2025. By law, The adjustment must be defined until December 30, which is why the countdown began to define whether the increase will be made by decree or by negotiation between the parties..
However, the Minister of Labor, Gloria Inés Ramírez, trusts that agreement will be reached, Unions and unions have very different positions on how much the minimum wage should increase next year.
At the close of the last round of ordinary meetings of the labor and salary consultation table, the Minister reported that she called one or two extraordinary sessions to try to reach an agreement, a request that was approved.
(Here: Minimum wage 2025: are the parties willing to reach an agreement?).
However, it is not yet officially known when these bilateral spaces will be held with each side of the table and if extra sessions will be scheduled later to attempt rapprochement.
In her statement last week, the head of the Labor portfolio indicated that “I hope that before December 24 we achieve something. I don’t want to spend the New Year here. We are working”said Ramírez.
However, the meetings have not been confirmed, so Colombians would spend Christmas without knowing whether or not there will be an agreement.
(Besides: Minimum wage: unions say that employers are not willing to negotiate).
Last Monday, December 16, Minister Ramírez implied that if an agreement was not reached by December 18, the increase in the minimum for 2025 would be given by presidential decree. However, he explained that there is a deadline until December 30 and that “The possibilities we have at this moment are different from those of last Monday. We have to continue working”.
He insisted that the basis with which they work is the methodology of the National Administrative Department of Statistics (Dane) and recalled that the figures they are taking into account are inflation as of November (5.2%), the TFP productivity data (2.73%), productivity per hour worked (3.43%), productivity per person employed (1.76%) and the average productivity (3.14%).
PORTFOLIO