Universidad San Francisco de Quito - USFQ
PAE-11: 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.