Colombia has a government-mandated minimum wage, and no worker in Colombia can be paid less then this mandatory minimum rate of pay. Employers in Colombia who fail to pay the Minimum Wage may be subject to punishment by Colombia's government.

What is the Colombia Minimum Wage?

Colombia's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.

Columbia's minimum wage is 515,000 Colombian pesos a month. The minimum wage is established by the government every January and serves as a benchmark for wage bargaining. Colombia's minimum wage was last changed in 1-Jan-10 .

How does Colombia's minimum wage compare to the minimum wage in other countries?

Colombia's yearly minimum wage is $4.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are countries with a higher Minimum Wage then Colombia, and Colombia is in the top 0 percent of all countries based on the yearly minimum wage rate.

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