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Hire Workforce

Colombia has one of the most flexible labour regulations in LATAM.

In this section there is a list of the possibilities that you will find in Colombia to hire your workforce:

  • How To Hire Your Workforce: This section includes the most relevant information that should be taken into account when hiring new personnel.
  • Minimum Monthly Legal Wage 2010: In Colombia the Minimum Monthly Legal Wage is established by an agreement between the Labour Unions and the Corporate Groups, nevertheless if they do not agree on a Minimum Wage the Government will establish it by Decree. In this section you will find a Minimum Wage simulator where it is possible to estimate all the surcharges per worker that earns a Minimum Wage.
Economic Indicators
06/02/2012
Inflation
Goal of inflation 2.0-4.0 %
Annual inflation 3.73
Rates of interest - 06/02/2012
Rate of intervention 5.00 %
Rate Interbancaria 5.01
TRM - 06/02/2012
Exchange rate (TRM) $ 1,784.77
Nominal depreciation - last 12 months -4.66
   

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Proexport Colombia  is the bureau in charge of tourism, foreign investment and export promotion in Colombia.

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