Pemberian Kompensasi Strategi dan Implikasi dalam Konteks Organisasi Modern

Authors

  • Imam Sugeng Santoso
  • Euis Tatu Aisyah
  • Muhamad Ade Kurniawan
  • Rini Ayu Destriyanti

DOI:

https://doi.org/10.31599/k8h3ef81

Keywords:

Business Resources, Human Resources, Employee Motivation, Intrinsic Rewards, Extrinsic Rewards, Non-monetary Rewards, Compensation Concepts, Salary Systems.

Abstract

In the pursuit of business activities, companies require various resources such as capital, materials, 
machinery, and notably, human resources represented by employees. Employees, possessing talents, 
energy, and creativity, play a crucial role in achieving the company's objectives. This reciprocal 
relationship is driven by the employees' needs, motivating them to work. In this research, one shot time 
horizon is used with cross-section data type. Descriptive hypothesis testing using the technique of 
determining the average score. In verification research, the modeling approach and solution 
technique that will be used as an analysis tool is the variant or component-based structural equation 
modeling (SEM) method, namely PLS (partial least square). The results include that competitive 
salaries are an important component of an effective compensation strategy. Attractive perks and 
benefits can help organizations attract and retain the best employees. An objective and transparent 
performance appraisal system can help to ensure that high-performing employees receive appropriate 
compensation.

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Published

2024-05-22