The main purpose of this chapter is to ponder the compensation system that characterizes SMEs the most, both internationally and in Colombia, and to know about social responsibility regarding compensation. To reach this objective, a trip is made through the history of salaries worldwide up to compensation in Colombia, when the minimum legal wage in force is defined. Social responsibility in a compensation system is pondered and the forms that characterize compensation in organizations, mainly in SMEs, are described. It is concluded, among other aspects, that incentives for performance is the way used by SMEs to compensate their collaborators, specially their CEOs.