Overall Rating | Reporter - expired |
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Overall Score | |
Liaison | Maria Ayala |
Submission Date | Dec. 25, 2013 |
Executive Letter | Download |
Universidad San Francisco de Quito - USFQ
PAE-11: Sustainable Compensation
Status | Score | Responsible Party |
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Reporter |
Janeth
Montenegro Head of HUman Resources Human Resources |
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Total number of employees working on campus (including contractors):
Number of employees (including contractors) that the institution ensures earn sustainable compensation:
A brief description of how the institution ensures that its lowest-paid workers (including contractors, if applicable) receive sustainable compensation:
Sustainable Compensation is a top priority for the University, not only in part because the University has the policy remunerate workers properly and have a healthy work environment but because it is the law.
The University hires an intermediary company that handles human resources for cleaning, security and dining crews. The living wage in Ecuador is 320 dollars and the wages are reviewed by the government each year and adjusted for inflation. Most recently reviewed in 2012.
Human resources demands payments for Social Security each month in order to ensure workers have been paid on time plus their benefits in order for the company to get their payment. Few workers earn the lowest wage of 320, while the mean earns 350 plus Social security. This also includes 2 extra salaries, one in August to help with back to school costs and in December an extra salary. Additionally any extra hours are properly remunerated and recorded.
The same can also be said about the administrative staff. The University is well-know to have competitive wages and low personnel rotation.
This reporting field is Mandatory for all businesses in Ecuador.
The most recent year total compensation for the institution’s lowest-paid workers (including contractors, if applicable) was evaluated to ensure that it was sustainable:
The website URL where information about the institution’s compensation policies and practices is available:
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Data source(s) and notes about the submission:
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The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.