Minimum Wage in Colombia for 2026
The minimum wage in Colombia directly affects millions of workers and sets the legal baseline for compensation across all industries. Each year, the Colombian government adjusts this figure to reflect inflation, productivity, and social policy objectives. For employers, these updates affect payroll costs, overtime calculations, and compliance planning.
For 2026, Colombia approved one of the largest minimum wage increases in recent history, alongside important changes to working hours and night work regulations. Understanding these updates is essential for both employers and employees.
In this article, we explain the minimum wage in Colombia for 2026, its components, hourly and overtime values, and the practical implications for businesses.
Key Takeaways
The minimum wage in Colombia for 2026 is COP 1,750,905, with a transport allowance of COP 249,095.
The legal workweek is 44 hours, resulting in 220 working hours per month until July 15, 2026.
Hourly, overtime, night, Sunday, and holiday rates have increased significantly due to wage and labor law reforms.
Understanding Minimum Wage in Colombia
The minimum wage in Colombia is more than a base salary. It forms the foundation for multiple employment-related calculations, including overtime, social security contributions, and statutory benefits.
Each year, the government sets the minimum wage through negotiations between employers, unions, and the executive branch. When negotiations fail, the government may impose the adjustment by decree, as occurred for 2026. The objective is to guarantee a minimum, vital, and mobile wage, aligned with constitutional principles.
Base Wage
The minimum wage in Colombia serves as the monthly base pay for employees and is non-negotiable for full-time positions. Employers are required to ensure that the base wage meets or exceeds the 1,750,905Â COP.
Transportation Subsidy
In addition to the base wage, employees earning up to two minimum wages are entitled to a monthly transportation subsidy. For 2026, this subsidy is set at 249,095 COPÂ and helps employees manage commuting expenses.
Working Hours and Monthly Calculation for 2026
Under Law 2101 of 2021, Colombia continues its gradual reduction of the workweek. Until July 15, 2026, the standard workweek is 44 hours.
This results in:
220 working hours per month
A higher ordinary hourly value, which directly impacts overtime and surcharge calculations
Hourly and Overtime Values for 2026
Based on the minimum wage and the 44-hour workweek, the following values apply in 2026:
Â
| Type of Hour | Value (COP) |
|---|---|
| Ordinary Daytime Hour (6:00 a.m. – 7:00 p.m.) | 7,959 |
| Ordinary Night Hour (7:00 p.m. – 6:00 a.m.) | 10,744 |
| Daytime Overtime Hour | 9,948 |
| Night Overtime Hour | 13,927 |
| Daytime Hour on Sunday or Holiday | 14,325 |
| Night Hour on Sunday or Holiday | 17,111 |
| Daytime Overtime on Sunday or Holiday | 16,315 |
| Night Overtime on Sunday or Holiday | 20,294 |
Â
These values reflect mandatory surcharges applied on top of the ordinary hourly wage.
Minimum Wage for 2026: New Rates
In 2022, Colombia’s minimum wage has been updated to reflect rising living costs and economic factors.Â
What Does the Minimum Wage Include?
| Component | Amount (COP) | Approx. Amount (USD) |
|---|---|---|
| Monthly Minimum Wage | COP 1,750,905 | USD 404.50 |
| Transport Allowance | COP 249,095 | USD 57.50 |
| Total Monthly Income | COP 2,000,000 | USD 462.00 |
*Exchange rates fluctuate, so USD figures are approximate.
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Minimum Wage by Industry and Sector
Although Colombia has a national minimum wage, certain sectors may have additional wage regulations. Industries like agriculture, manufacturing, and construction sometimes set higher wages through Collective Bargaining Agreements (CBAs). These agreements often address industry-specific wage demands and provide additional benefits for unionized employees.
It’s essential for employers in sectors with CBAs to verify wage rates for compliance and align with union negotiations.
How Colombia’s Minimum Wage Affects Employers and Employees
For employers, the minimum wage is just one part of the employment costs. Additionally, there are mandatory benefits such as health and social security contributions, overtime pay, and paid leave. This structure ensures that employees earn a living wage and have access to health and social support services.
- For Employers: The total compensation package involves compliance with several Colombian employment laws, including payroll deductions and tax contributions.
- For Employees: The minimum wage and benefits ensure a basic standard of living, though debates around its sufficiency persist.
The Role of Inflation and Economic Conditions in Wage Adjustments
Colombia’s government considers inflation and economic growth rates when setting the minimum wage. High inflation rates, as seen in recent years, necessitate higher wage adjustments to maintain purchasing power. This process is vital in a country where cost of living varies significantly between urban and rural areas.
Mandatory Employee Benefits Tied to Minimum Wage
In Colombia, several employee benefits are calculated as a percentage of the minimum wage, making wage adjustments crucial for benefit calculations. These benefits include:
- Health and Pension Contributions: Employers and employees contribute to Colombia’s health and pension systems based on a percentage of the minimum wage.
- Statutory Severance Savings (CesantÃas): Employers must save a portion of each employee’s salary for potential severance pay, which is also calculated based on minimum wage figures.
- Overtime Pay: Calculated on hourly wages derived from monthly minimum wage figures, especially for hours worked beyond regular shifts.
Staying Ahead of Minimum Wage Regulations in Colombia
In 2026, Colombia’s minimum wage reflects economic challenges, aiming to provide a sustainable income for low-wage workers while supporting business growth. Employers must understand the full scope of minimum wage obligations to ensure compliance and build positive employment relationships. By considering both wages and benefits, companies can successfully navigate the Colombian labor market and contribute to its economic development.
For more information on employment regulations and labor requirements in Colombia, check out our complete guide on EOR in Colombia and stay compliant with Colombia’s employment landscape.
