At the end of 2021, Colombia achieved a historic agreement on the increase in the minimum wagewhich led him to settle this year at one million pesos.
However, inflationary pressures, tariff and price increases, due to various global and internal events, seem to have reduced the purchasing power and purchasing power of Colombian consumers and have caused an affectation to the companies of the country.
After a first quarter after the increase, it is worth making a balance to establish what benefits it has brought, what has been the impact on the size of the organizations, in investment in talent management and in pension systems, among other aspects.
Adriana González, CEO of Mercer for Andean, Central America and the Caribbean, addresses this issue in this new episode of Economicast.
