Overall Rating	Silver
Overall Score	45.62
Liaison	Alvaro Pena
Submission Date	Oct. 10, 2024

STARS v2.2

Universidad Tecnológica del Uruguay
PA-12: Employee Compensation

Status	Score	Responsible Party
	3.00 / 3.00

"---" indicates that no data was submitted for this field

Part 1. Living wage for employees

The local living wage (based on a family of four and expressed as an hourly wage):

11.36 US/Canadian $

Percentage of employees that receive a living wage (benefits excluded):

100

Part 2. Living wage for employees of contractors

Does the institution have significant contractors with employees that work on-site as part of regular and ongoing campus operations?:

Yes

A list or brief description of significant on-site contractors:

Providers for cleaning, security, and reception services.

Percentage of employees of on-site contractors known to receive a living wage or be covered by collective bargaining agreements (i.e., union contracts):

100

Part 3. Minimum total compensation for employees

Total compensation provided to the institution’s lowest paid regular, part-time or full-time employee or pay grade meets or exceeds what percentage of the living wage?:

150 percent

A brief description of the minimum total compensation provided to the institution’s lowest paid employee or pay grade:

We marked "150 percent" because the lowest salary at UTEC (46,000) is more than double the minimum wage (22,000), which means it exceeds the living wage by 150%.

Optional Fields

Has the institution made a formal commitment to pay a living wage?:

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A copy or brief description of the institution’s written policy stating its commitment to a living wage:

Clarification Note

In Uruguay, there is no specific official indicator referred to as a "living wage." However, certain official data can be used to approximate this value:

Basic Basket of Goods and Services (CBT):
The National Institute of Statistics (INE) calculates the CBT (Canasta Básica Total), which includes both the Basic Food Basket (CBA) and essential non-food goods and services. This indicator reflects the monthly cost required for a household to cover its basic needs.

Average Household Income:
The INE also publishes data on the average household income. For example, in the first quarter of 2024, this income was estimated at $95,395 UYU per month.

To convert these figures into an hourly wage in US dollars:

Exchange Rate: Assuming an exchange rate of 42 Uruguayan pesos per US dollar.
Monthly Working Hours: Based on a standard full-time workload of 200 hours per month.
Calculation:

Monthly Income in USD:
$95,395 ÷ 42 ≈ $2,271.31 USD

Hourly Wage in USD:
$2,271.31 ÷ 200 ≈ $11.36 USD/hour

This calculation provides an estimate of the hourly income required for an average household in Uruguay to meet its basic needs, based on available data. It is important to note that this is an approximation, and the concept of a "living wage" may vary depending on methodologies and international standards.

Why did we use average household income instead of the CBT?

Average household income was used as a reference to calculate a living wage because:

It is an officially published and regularly updated figure by the INE.
We did not find an updated value for the CBT (Basic Basket of Goods and Services) for a household of four people in recent searches, which would be the most appropriate data for calculating a living wage.

Website URL where information about employee compensation is available:

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Additional documentation to support the submission:

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Data source(s) and notes about the submission:

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