The Influence of the Types of Compensation (Financial and Non-Financial) on Job Performance among Employees at the Employees' Provident Fund (EPF) in Kuala Terengganu, Terengganu, Malaysia
Journal Title: GATR Global Journal of Business & Social Science Review - Year 2016, Vol 4, Issue 1
Abstract
Objective - This study looks at the effect of types of compensation on job performance. It was an exploratory case study conducted at the Employees Provident Fund (EPF) of Kuala Terengganu, Terengganu, Malaysia. Methodology/Technique - Quantitative method was applied in conducting this research. The instrument used for the data collection was a set of questionnaire consisted of 29 items divided into four (4) sections, namely; Section A covering the demographic section with six (6) items Section B consisted of eight (8) items measuring the effect of financial compensation (items 7 – 14) while section C measured the employees' non-financial compensation. Section C had 10 items (items 15 – 24) and lastly, section D consisted of five (5) items (items 25-29) which measured the job performance. The questionnaire was distributed to all 50 employees at the organization. However, only 40 questionnaires were then collected, making the return rate at 80%. Since the number of respondents was less than 100, only SPSS based tests were conducted, namely the descriptive, reliability and regression tests. Findings - The results show that the employees were satisfied with the compensation provided by their employer and that there is a moderate relationship between the types of compensation with employees' job performance. It was also found that non-financial compensation has demonstrated a stronger relationship to the job performance compared to financial. Novelty - In contrary to prior studies the study found out that financial compensation does not affect the job performance.
Authors and Affiliations
Mas Anom Abdul Rashid, Mohd Noor Azman Othman, Mohd Zainudin Othman, Nurul Fatini
Keywords
Related Articles
- EP ID EP184983
- DOI -
- Views 88
- Downloads 0
The Effect of Corporate Governance on Firm Performance: Empirical Evidence from Indonesia
Objective - The main purpose of this research is to examine the effect of corporate governance on firm performance. The corporate governance characteristics was represented by the board structure (board of commissioner,...
Organizational Creative Climate in Determining the Work Innovativeness among the Knowledge Workers
Objective - The main purposes of this study is to examine the effect of organizational creative climate on the Information and Communications Technology (ICT) engineer's work innovativeness. Work innovativeness is concep...
Public Relations Performance Based on Perception of Media Workers
Objective - Media and Public Relations role have a strong relationship. Media needs events to get news, and Public Relations needs media to promote a good image of companies in order to build a good reputation in their s...
Qordul Hasan; The Solution for Traditional Financial "Helping Hand" Instrument Trap
Objective - The aim of this study is to identify how Qordul Hasan, an Islamic financial scheme, can be a solution for traditional financial "helping-hand" instrument trap. Methodology/Technique - By investigating on fac...
Philosophical Study of Interference in Setting the Legal Protection of Bank Customers in Indonesia
Objective - The objectives of this research are, first, to analyze state interventionism in the protection of bank customers in Indonesia, and, second, to determine and analyzed the form of state interventionism in the r...