Overall Rating Silver
Overall Score 58.37
Liaison Martin Sanchez
Submission Date June 29, 2024

STARS v2.2

Tecnológico de Monterrey – Campus Santa Fe
PA-12: Employee Compensation

Status Score Responsible Party
Complete 2.50 / 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):
5 US/Canadian $

Percentage of employees that receive a living wage (benefits excluded):
99.95

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?:
No

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

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

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?:
125 percent

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

In addition, invested in the well-being of our employees, we have flexible benefits and benefits superior to those required by Mexican bylaws. Some of this benefist are Major Medical Insurance, Life Insurance, Savings fund, Daysoff, food voucher, plus 15 days Christmas bonus, etc.


 



 


 


 

 

Optional Fields 

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

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

Website URL where information about employee compensation is available:
---

Additional documentation to support the submission:
---

Data source(s) and notes about the submission:
The average living wage in Mexico is no more than $20,000 USD per Year, roughly 5 USD / Hour, Tec de Monterrey surpasess this wage for all of its employees.


 


 

The minimum wage at national level is between $1.5 and 3.00 USD / Hour

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.