Proposal of a salary structure for positions at Productos Caribe S.A.S in Cartagena-Colombia

Abstract

The main resource of a company is its human talent, since it is thanks to the cooperation and contribution of employees and the performance of their roles that it is possible to achieve its objectives. Among the factors that most influence job satisfaction is the salary, since an employee who feels that he/she receives a fair payment for the activities he/she performs will remain happy with his/her job and with the organization in which he/she works. The personnel of Productos Caribe S.A.S. is presenting nonconformities related to remunerations because in 1979, the year when they started operations and the salary was established, the management did not take into account the importance of a remuneration that contemplated the specification and description of the positions and the dynamics of the sector in terms of salary for similar jobs. The objective of this research is to propose an equitable remuneration through a salary structure in which it is previously determined whether the salary earned corresponds to the skills and the physical and cognitive components required by each position, considering the external competitiveness and the compensation.