Colombia: 2013 monthly minimum wage and commuting allowanceJanuary 9, 2013
On 28 December 2012, the Government issued Decrees 2738 and 2739, the first one by which the monthly minimum salary is increased to COP589,500 (previously, COP566,700), and the second one by which the commuting allowance was set at COP70,500.
The new minimum salary and commuting allowance are effective as of 1 January 2013.
Note. The minimum monthly salary forms the basis for social security contributions. The commuting allowance must be paid monthly by employers to employees whose salaries do not exceed two times the monthly minimum wage.
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