Benchmark Report: Living Wage Report and 2024 Update for the Caribbean Coast of Colombia
2024 Living Wage Update Report: Living Wage Report for the Caribbean Coast of Colombia
Abstract
This report provides updated estimates of family living expenses and living wage for the Caribbean Cost of Colombia. The update for 2024 takes into account inflation and changes in payroll deductions since the original Anker living wage study carried out in May 2018 (Andersen, Anker, and Anker, 2020).
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Original Report
2018 Benchmark Report: Living Wage Report for the Caribbean Coast of Colombia
Background
This report estimates a living wage for the banana growing regions of Colombia: Magdalena, Guajira and Urabá, located in Northern Colombia along the Caribbean coast.
The living wage concept refers to a salary that would allow a typical worker family to live a decent life. Decency includes access to a basic, nutritious diet in line with local preferences and possibilities; access to housing that complies with both national and international minimum standards; access to education for children through secondary school; access to health care when needed; and, finally, the living wage should be sufficient to allow the family to live together, rather than some members having to migrate and live apart to complement family incomes.
The living wage covers the banana growing regions in the states of Magdalena, Guajira and Antioquia. It refers to the wages of agricultural workers required for decency for families who reside mostly in the municipal capitals (such as Ciénaga, Sevilla, Apartadó, Turbo, Carepa and Chigorodó), but also in smaller towns, and a few in rural areas. The gross monthly wage income needed to achieve a basic, but decent living standard is estimated at COP 1,564,766. This is the gross wage necessary for a typical family with 1.61 full-time equivalent workers and two children to pay for a nutritious diet, decent housing, health care, education, clothing and other essential expenses.
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Previous Updates
2023 Living Wage Update Report: Living Wage Report for the Caribbean Coast of Colombia
2022 Living Wage Update Report: Living Wage Report for the Caribbean Coast of Colombia
2021 Living Wage Update Report: Living Wage Report for the Caribbean Coast of Colombia
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