The Effect of Financial and Non-financial Compensation on Performance Employees of PT. Glostar Indonesia

Ani Nuraeni (), Bonse Aris Mandala Simangunsong (), MRavi Assopi () and Siti Nuraulia ()
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Ani Nuraeni: Nusa Putra University
Bonse Aris Mandala Simangunsong: Nusa Putra University
MRavi Assopi: Nusa Putra University
Siti Nuraulia: Nusa Putra University

A chapter in Proceedings of the International Conference on Economics, Management, and Accounting (ICEMAC 2022), 2023, pp 516-527 from Springer

Abstract: Abstract This study aims to determine the effect of financial and non-financial compensation on the performance of PT. GLOSTAR INDONESIA. The population in this study were employees of the embossing department of A PT. GLOSTAR INDONESIA by using a saturated sampling technique where all members become samples. In this study, the variables used were Financial Compensation and non-financial compensation to find out whether it affects employee performance at PT. GLOSTAR INDONESIA. The analysis technique used in this study is multiple linear regression analysis using the SPSS application. The results of this study show that the variables of financial compensation and non-financial compensation have a positive and significant effect on employee performance. From the results of the determination quenth, it shows that 39% of employee performance is influenced by financial and non-financial compensation, the remaining 61% is influenced by other factors.

Keywords: financial compensation; non-fiancial compensation; Performance employee (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-226-2_41

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DOI: 10.2991/978-94-6463-226-2_41

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