If you’re hiring in Colombia, it’s important to adhere to the latest laws surrounding minimum wage to remain compliant as an employer. Learn what the updated minimum wage is, how it applies to different workers, and factors influencing minimum wage in Colombia.
Capital City
Bogota
Currency
Colombian Peso
(
$
)
Timezone
CST
(
GMT -5
)
Payroll
monthly
Employment Cost
0% - 39%
As of January 1, 2025, Colombia's national minimum wage has been set at COP 1,423,500 per month, reflecting a 9.54% increase from the previous year. In addition to the base salary, employees are entitled to a transportation allowance of COP 200,000 per month, bringing the total minimum compensation to COP 1,623,500 monthly. This adjustment aims to enhance workers' purchasing power and address inflationary pressures.
Colombia maintains a standardized national minimum wage, with no regional variations. Therefore, the minimum wage rates are consistent across all regions of the country.
Full-time employees are entitled to the national minimum wage plus a transportation allowance, totaling COP 1,623,500 per month.
Part-time workers receive proportional wages based on hours worked, ensuring at least the equivalent of the hourly minimum wage.
Interns may not be entitled to a salary if their work is part of academic training, but those performing employee-like tasks must receive at least the minimum wage.
Foreign workers in Colombia are subject to the same minimum wage laws as local employees.
Certain industries, such as technology, finance, and oil, offer higher wages due to skilled labor demand.
Inflation and employment rates influence minimum wage adjustments. The 2025 increase counteracts inflation.
The Colombian government reviews and adjusts the minimum wage through policy changes when employer-labor negotiations fail.
Recent wage increases include a 12% rise in 2024 and a 9.54% increase in 2025, reflecting the government's efforts to support workers.
Additionally, the transportation subsidy for workers was raised to 200,000 COP per month in 2025, bringing the total minimum compensation to 1,623,500 COP monthly.
These adjustments aim to improve the purchasing power of workers and address income inequality. However, debates persist regarding the potential economic impacts, such as effects on employment rates and business operating costs.
While the national minimum wage is standardized across all professions, actual earnings for various professions exceed this minimum due to factors such as expertise, demand, and responsibility. Below is a list of some of the highest-paying roles in Colombia, along with their average monthly salaries:
Expanding your workforce across international borders is an exciting step, but it can be a logistical nightmare to hire and pay employees in different countries. That’s the advantage of using a trusted Employer of Record like Playroll:
Disclaimer
THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). Playroll does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect Playroll’s product delivery in any given jurisdiction. Playroll makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
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FAQS
As of 2025, the monthly minimum wage is COP 1,423,500. This translates to approximately COP 7,423 per hour or COP 59,740 per day for a 48-hour workweek.
Generally, all employees are entitled to the minimum wage, but exceptions exist for certain interns and apprentices.
The minimum wage is reviewed annually, with adjustments taking effect each January.
The statutory minimum wage is COP 1,423,500 per month, but a living wage for some regions is estimated at COP 2,295,528.
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