DISEÑO DE UNA POLÍTICA SALARIAL UTILIZANDO LA HERRAMIENTA DE VALORACIÓN DE CARGOS. CASO DE ESTUDIO: INSTITUCIÓN FINANCIERA ECUATORIANA

Abstract

Managing compensations within an organization is one of the most complex aspects in Human Resources, because the company has to link their needs with the needs of their employees, often leading to a subjective scenario. To have a fair and equitable payment for the employee and the company but at the same time being relevant to attract and retain personnel requires technical tools that give a more objective point of view and help the decision making. One of these tools is known as a Valuation Point Methodology, which allows companies to measure the impact of the position within an organizational structure and correlating it to establish wage bands. The objective of this paper is to determine how a salary policy is designed using a Valuation Point tool and to establish the necessary parameters to manage the compensation taking as an example for the analysis an Ecuadorian financial institution. The research is descriptive and correlational, with a quantitative approach. It details some definitions of different authors, as well as a brief description of the evolution and impact that has had the wage component in the motivation and productivity of the organizations. In addition, show the importance of managing a salary policy that allows adequate levels of internal equity and external wage competitiveness through the use of objective tools, as well as the main recommendations that must be contemplated by other organizations. The valuation point is a friendly method and easy to use in organizations, because it is guided by factors and points that make the process easy to implement. It is not only an input for salary policies, but also help establish policies to generate career or succession that allows retention.