This document is a reflection derived Macro ALAFEC –Latin American Association of Colleges and Schools of Accounting and Administration- led project called Adopt sustainability criteria in value chains in Latin America in the dignified or decent work in Colombia and Mexico In the following lines an analytical presentation of the objectives proposed by the ILO in relation to decent or decent work, seeking thereby identifying the level of compression and implementation of such objectives as private organizations such as SMEs it is made. The development of this work has been based on a literature review in order to generate a set of indicators to facilitate the identification of the manner in private organizations such as dignified or decent work is generated. At the end of the document, a proposed indicator which although not definitive, if allowed to have an approach to some elements to facilitate the measurement of the existence of a dignified or decent work, which allow done can be concluded that both in Mexico as in Colombia, there is still a long way to go in relation to the generation of a real worthy or decent work.