Universitas Islam Negeri Alauddin Makassar Proceedings, Proceedings of the 2nd International Conference on Social and Islamic Studies (ICSIS) 2022

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EFFECT OF FINANCIAL COMPENSATION ON EMPLOYEE PERFORMANCE AT PT. SEMEN BOSOWA MAROS
Hikma Niar

Last modified: 2023-01-16

Abstract


The Effect of Financial Compensation on Employee Performance at PT. Semen Bosowa Maros. This study aims to determine and analyze the effect of providing financial compensation consisting of salaries, allowances, and incentives on PT employees’ performance. Semen Bosowa Maros and to find out and analyze between the provision of financial compensation, the dominant influence on the performance of employees of PT. Bosowa Maros Cement. The population of this study were all employees of PT. Semen Bosowa Maros totaling 1,200 people and a sample of 92 respondents. The analysis technique used is multiple linear regression analysis. The results of the study prove that the provision of financial compensation in the form of salaries, allowances and incentives simultaneously has a significant positive effect on the performance of employees of PT. Bosowa Maros Cement. The results of this analysis explain that employee performance will increase supported by the provision of financial compensation. It is proven by the correlation coefficient value, where the value is close to one and the F-test value is close to zero and among these financial compensations, compensation in the form of salary is the dominant influence on employee performance based on the acquisition of the regression coefficient value (B) with the results of the t-test and Sig level < 0.05. This means that salary compensation is needed for every employee who can help employees meet the needs of themselves and their families.

 


Keywords


Financial compensation; employee performance

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