Abstract:Nowadays, taking care the welfare of the employee is very important in order to ensure them to hard work in achieve the organizational goal. The aim of the study is to establish the effect of compensation and benefits towards employee performance. The objective of this research is firstly, to evaluate the level of employee performance. Secondly, this research aims to examine the relationship between compensation and benefits towards employee performance. Lastly, determine the effect of the compensation and ben… Show more
“…Furthermore, the findings of this study were that salary and allowance and social security have nominal effect on employee's performance in insurance companies in Nepal. This result is contradicted with the result of Kadir et al, (2019) However, social security and salary and allowance have strong impact on performance of employees in every organization.…”
The main objective of this research is to find out effect of motivation on employees’ performance in cooperative institution. In general, the research on effect of motivation on employees’ performance in financial institutions like; commercial banks, insurance companies and cooperative institutions is rarely found in Nepal. Thus, this research tries to explore the impact of motivation on employee’s performance of cooperatives in Nepal. This study is based on descriptive research design. Independent variables on this study are salary and allowance, social security, career development and training facility. The dependent variable on study is employee’s performance. Populations of the study were 329 cooperatives and 30 cooperatives are selected using convenience sampling technique. Data collected through structured questionnaire. Total 230 questions were distributed to the respondent out of which only 193 were used for this study. Five - point Likert scale questions were sent to respondent, where 1= strongly disagree and 5 = strongly agree. Descriptive statistics, correlation and regression analysis are used to analyze the data. Test of reliability has been conducted by using Cronbach’s Alpha. The average value of Cronbach’s Alpha is 0.989 and reliability is acceptable. The study finds that there is a positive and significant effect of career development and training facility on employees’ performance. Salary and allowance have insignificant negative effect and social security has insignificant positive effect on employee’s performance.
“…Furthermore, the findings of this study were that salary and allowance and social security have nominal effect on employee's performance in insurance companies in Nepal. This result is contradicted with the result of Kadir et al, (2019) However, social security and salary and allowance have strong impact on performance of employees in every organization.…”
The main objective of this research is to find out effect of motivation on employees’ performance in cooperative institution. In general, the research on effect of motivation on employees’ performance in financial institutions like; commercial banks, insurance companies and cooperative institutions is rarely found in Nepal. Thus, this research tries to explore the impact of motivation on employee’s performance of cooperatives in Nepal. This study is based on descriptive research design. Independent variables on this study are salary and allowance, social security, career development and training facility. The dependent variable on study is employee’s performance. Populations of the study were 329 cooperatives and 30 cooperatives are selected using convenience sampling technique. Data collected through structured questionnaire. Total 230 questions were distributed to the respondent out of which only 193 were used for this study. Five - point Likert scale questions were sent to respondent, where 1= strongly disagree and 5 = strongly agree. Descriptive statistics, correlation and regression analysis are used to analyze the data. Test of reliability has been conducted by using Cronbach’s Alpha. The average value of Cronbach’s Alpha is 0.989 and reliability is acceptable. The study finds that there is a positive and significant effect of career development and training facility on employees’ performance. Salary and allowance have insignificant negative effect and social security has insignificant positive effect on employee’s performance.
“…While benefits typically refer to health life insurance, disability insurance, retirement plans, vacation, and so on (Odunlade, 2012). Besides, benefits are indirect financial and non-financial payments that employees receive because of their employment with the organization (Kadir, AlHosani, & Fadillah Ismail, 2019). Feraro-Banta and Shaikh (2017) reported that low benefits would lead to low satisfaction increasing employee absenteeism.…”
Section: Salary and Benefits And Well-beingmentioning
Increasing numbers of special education teachers are leaving jobs across different cultures and countries, which leads to teachers' well-being has gotten more attention over the past decades. This study aims to investigate the levels of well-being and explore the factors influencing well-being in special education teachers in Vietnam. Special education teachers (N = 81) from three special education schools and a special education Centre in Vietnam were involved in the current study. Descriptive analysis, Pearson correlation, and multiple linear regression were used to examine the levels of well-being and determine whether life satisfaction, job satisfaction, self-compassion, and salary and benefits influencing the well-being levels among teachers. The results show a positive correlation between well-being and job satisfaction, life satisfaction, self-compassion, and salary and benefits. Additionally, multiple regression analysis reveals that life satisfaction, self-compassion, and salary and benefits influence well-being levels positively, meaning that teachers with increased life satisfaction, self-compassion, and salary and benefits have higher levels of well-being. The present findings contribute to the general discussion about the nature of well-being and the influential factors in teachers' well-being. It is highly suggested that organizations/schools provide appropriate policies and increase the special education teachers' well-being in Ho Chi Minh City, Vietnam.
“…Based on previous research, this study hypothesizes that compensation and benefits have a favorable impact on work performance, and compensation and benefits are proven to be a major predictor of job performance (Akter & Husain, 2016;Darma & Supriyanto, 2017;Dayanandan, 2017;Fulmer & Li, 2022;Kadir et al, 2019). For example, according to the findings of Aktar, Sachu, and Ali (2012)'s research involving 180 employees from 12 commercial banks in Bangladesh, reward plays a major role in motivating employees to perform their tasks better so that they can contribute and produce too many opinions which can enhance organizational performance in the form of monetary and non-monetary benefits as there is a positive relationship.…”
The main objective of the current study is to conceptualize a framework that contains relationships between Compensation and benefits, Training and development, Performance appraisal, and Job satisfaction as Human Resources Practices with Employee Performance in the Yemeni Universities. To achieve this objective, 30 respondents were selected to participate in a pilot study. The results of the current study shows that the framework that contain Compensation and benefits, Training and development, Performance appraisal, and Job satisfaction with Employee Performance showed a sufficient Reliability and Validity, as the results of the Cronbach Alpha of the items scale were all above 0.7, while the Pearson Correlation between the variables were all significant at the level of 0.05.
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