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

In: Proceedings of the International Conference on Economics, Management, and Accounting (ICEMAC 2022)

Author

Listed:
  • Ani Nuraeni

    (Nusa Putra University)

  • Bonse Aris Mandala Simangunsong

    (Nusa Putra University)

  • MRavi Assopi

    (Nusa Putra University)

  • Siti Nuraulia

    (Nusa Putra University)

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.

Suggested Citation

  • Ani Nuraeni & Bonse Aris Mandala Simangunsong & MRavi Assopi & Siti Nuraulia, 2023. "The Effect of Financial and Non-financial Compensation on Performance Employees of PT. Glostar Indonesia," Advances in Economics, Business and Management Research, in: Prasetyo Hartanto (ed.), Proceedings of the International Conference on Economics, Management, and Accounting (ICEMAC 2022), pages 516-527, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-226-2_41
    DOI: 10.2991/978-94-6463-226-2_41
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