The Influence of Compensation and Career Development on Employee Loyalty with Job Satisfaction as Mediator
Journal Title: Oblik i finansi - Year 2021, Vol 1, Issue 3
Abstract
Research shows that a motivated workforce is substantially more productive than an unmotivated, apathetic group of employees. When workers have career opportunities and receive compensation, they are more likely to work harder for the good of the company, because they can see first-hand what their contributions mean to its success. The purpose of this research is to analyze the effect of compensation and career development on employee loyalty as mediated by job satisfaction. The sample in this study was employees of PT PLN (Persero) UPT Pulogadung. The number of samples collected was 133 samples. This study used a quantitative method based on analytical approaches using Structural Equation Modeling (SEM). Data was obtained through questionnaires distributed to employees and then processed using the Amos 26 application. According to the findings of this research, compensation and career development have a positive and significant effect on job satisfaction. Job satisfaction has a positive and significant effect on employee loyalty. Compensation and career development have no effect on employee loyalty. Mediation results show that job satisfaction can mediate the effect of compensation and career development on employee loyalty. It can be conclude that in order to increase employee loyalty, companies must pay attention to the amount of compensation and career development. Employees who are satisfied with their work have a major impact on the growth and success of the company. That’s why it’s worth the effort to create a work environment that motivates and inspires employees to do their best. Ultimately, when employee loyalty is elevated, company’s achievements become their achievements – and success is all but guaranteed.
Authors and Affiliations
Rizky Puspa Lestari & I Ketut R. Sudiarditha & Agung Wahyu Handaru
Keywords
Related Articles
- EP ID EP697608
- DOI 10.33146/2307-9878-2021-3(93)-135-141
- Views 84
- Downloads 0
Теоретичні основи кредитного забезпечення як фактору економічного зростання сільськогосподарських підприємств
Важливим фактором економічного зростання сільськогосподарських підприємств є достатнє фінансове забезпечення, вагому частку якого складають кредитні ресурси. Вибір оптимальної структури джерел фінансового забезпечення ма...
Methodical Principles of Accounting for Grant Support to Ukrainian Agribusiness
In the conditions of reduction in the volume of state subsidies and tax benefits due to the redistribution of resources to finance the defence industry, Ukrainian and international grants have become almost the only avai...
Students' Perceptions of Management Accounting and the Accounting Profession
Purpose: Strategic Management accounting includes activity-based costing, target costing, the balanced scorecard, Kaizen costing, throughput costing, and other new management accounting approaches. Management accounting...
Оцінка інвестиційно-кредитного потенціалу підприємств АПК
Залучення кредитних інвестицій в аграрний сектор є важливою умовою розвитку підприємств АПК. В процесі активізації інвестиційно-кредитної діяльності банків сільськогосподарські підприємства повинні мати характеристики пр...
Оценка состояния продовольственной безопасности Республики Молдова
Целью работы состоит в оценке состояния продовольственной безопасности Республики Молдова. Предметом исследования является анализ основных показателей продовольственной безопасности, характеризующих физическую и экономич...