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December 9, 2022
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The employers’ proposal for the negotiation of the minimum wage

The employers' proposal for the negotiation of the minimum wage

The businessmen and unions met this Friday to present their proposals for an increase in the minimum wage, and although the workers unions announced a proposal of 20%, with which the minimum wage would increase by $200,000 in 2023 to $1,200,000, employers, on the contrary, they decided not to bet on a specific number.

(Labor unions propose that the minimum wage rise by $200,000 in 2023).

“We initially had a date to present a proposal on Monday, and we have decided to make a different proposal today, taking into account that this is undoubtedly one of the most complex moments in our economy, in which families Colombian companies are seeing a significant increase in prices”assured the president of Andi, Bruce Mac Master, as a spokesman for the businessmen.

Andi’s president acknowledged that the 20% proposal, you think “a little high”, but he said that they did not want to qualify it because of the spirit of concertation that exists at the table. “We believe that the concertation would be a very good message at this time, we all place great value on the concertation, and that we can together produce a single figure.”

(With inflation data, the discussion of the 2023 minimum wage begins).

Mac Master assured that “We are facing a very special 2023”, with inflation that is growing, and also very low growth forecasts, and made a call to be careful with salary setting, and to take care of variables such as the purchasing power of households and companies; the productivity and competitiveness of employers and the ability to offer more employment; to be able to produce more formality, to be more competitive in international terms and important issues such as fiscal balance.

“We have a very complex challenge, therefore, more than delivering a figure, which we believe at this moment does not make sense, talk about a high or a low figure, but we have the responsibility of making a decision that takes all these into account. factors at timeMacMaster said.

(This is the scenario in which the Government would have to set the minimum).

The unions also presented a joint letter with this position, in which they invited “to overcome the traditional methodology that has led to the fact that most of the years there is no consensus” and it is expected that next week they will sit down to agree with the unions an increase.

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