Analyzing the Impact of Compensation as a Moderation of Workload and Employee Performance at PT Midas Nusantara, Binjai in 2022

Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 08

Abstract

In the business world, companies are required to create high employee performance for the development of the company. Companies must be able to create, build and improve performance within their work environment. Excessive workload is accompanied by disproportionate compensation, causing many employees to feel not at home and stay in one company alone. This study aims to analyze the impact of compensation on the moderation of workload and employee performance. The research approach used in this study is quantitative. This research was conducted at PT Midas Nusantara, Binjai in April 2022. The population is the entire population of 77 employees, with the determination of the number of samples using saturated samples. The data collection technique uses questionnaires, with data measurement techniques on a Likert scale. The research data analysis model used in this study is a multiple regression analysis model, statistical test F, and statistical test t. Workload partially has a positive and significant effect on employee performance at PT Midas Nusantara with a calculated t value > t table (5.112 > 2.5) with a significant value of 0.004 < 0.05. Compensation partially has a positive and significant effect on the performance of PT Midas Nusantara. The dominant Workload Variable in improving performance at PT Sumut Jaya with a calculated t value > t table (4,233 > 2.5) with a significant value of 0.004 < 0.05. Workload and Compensation simultaneously have a positive and significant effect on employee performance at PT Midas Nusantara with a coefficient of determination (R2) value of 85%, the remaining 15% is explained by independent variables that are not studied, leadership, motivation, and others.

Authors and Affiliations

Cheng Peiwei

Keywords

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  • EP ID EP709313
  • DOI 10.47191/jefms/v5-i8-28
  • Views 76
  • Downloads 0

How To Cite

Cheng Peiwei (2022). Analyzing the Impact of Compensation as a Moderation of Workload and Employee Performance at PT Midas Nusantara, Binjai in 2022. Journal of Economics, Finance and Management Studies, 5(08), -. https://europub.co.uk/articles/-A-709313