The Effect of Compensation and Rewards on Job Satisfaction through Punishment as an Intervening Variable

  • Dedi Rianto Rahadi Universitas Presiden
  • Elsadai Dwi Prastiani Universitas Presiden
  • Faizah Meyliana Fajri Universitas Presiden
  • Intan Maya Zena Alfinandita Universitas Presiden
Keywords: Job Satisfaction, Compensation, Punishment, Reward

Abstract

This study aims to analyze the effect of compensation and rewards on job satisfaction throughpunishment as an intervening variable. This research applies the Structural Equation Modeling (SEM) - Partial Least Squares (PLS) analysis technique using the Smart PLS Version 3 tool in processing data obtained through distributing questionnaires to 314 employees of PT Suka Sukaku. The results showed that punishment has no significant effect on job satisfaction, giving fair awards has a positive impact on employee job satisfaction, compensation has a significant effect on job satisfaction, compensation has a significant effect on punishment, awards have a significant effect on job satisfaction, compensation has a significant effect on job satisfaction through punishment and awards have a significant effect on job satisfaction through punishment

References

Alkandi, I. G., Khan, M. A., Fallatah, M., Alabdulhadi, A., Alanizan, S., & Alharbi, J. (2023). The Impact of Incentive and Reward Systems on Employee Performance in the Saudi Primary, Secondary, and Tertiary Industrial Sectors. A Mediating Influence of Employee Job Satisfaction. Sustainability, 15(4), 3415–3415.

Alrawahi, S., Sellgren, S. F., Altouby, S., Alwahaibi, N., & Brommel, S. M. (2020). The application of Herzberg’s two-factor theory of motivation to job satisfaction in clinical laboratories in Omani hospitals. Heliyon, 6(9).

Andrade, M. S., & Westover, J. H. (2020). Global comparisons of job satisfaction across occupational categories. Evidence-based HRM. Global Forum for Empirical Scholarship, 8(1), 38–59.

Andresen, M., Krautter, B., Pagel, J., & Reiter, N. (2023). Knowledge Distribution in German Drama. Journal of Open Humanities Data, 10(1), 1–12.

Baroroh, I., Oktaviya, A. S., Rahmadani, F. E. N., & Larassaty, A. L. (2023). Pengaruh Penilaian Kerja Terhadap Kinerja Karyawan Melalui Pengembangan Karir Karyawan. Journal of Student Research (JSR), 1(1), 461–478.

Chandler, N. (2018). A Symbiotic Relationship: HR and Organizational Culture. Switzerland Springer International Publishing.

Chiekezie, O. M., Emejulu, G., & Nwanneka, A. (2017). Compensation Management And Employee Retention Of Selected Commercial Banks In Anambra State, Nigeria. Archives of Business Research, 5(3), 115–127.

Chin, W. W. (1998). The Partial Least Squares Approach for Structural Equation Modeling. Mahwah, NJ: Lawrence Erlbaum Associates, Inc.

Colquitt, J. A., Lepine, J. A., & Wesson, J. M. (2017). Organizational behavior: Improving performance and commitment in the workplace (5th ed.). McGraw-Hill Education.

Firmansyah, M. R., Setyadi, S., & Sumarsono, T. G. (2021). The Effect Of Reward And Punishment On Employee Performance Through Work Motivation In PT. Haleyora Power, Zone 1 And Zone 2 In Pasuruan Area. International Journal of Scientific & Technology Research" (IJSTR), 10(6).

Hasibuan, S. P. (2013). Manajemen Sumber Daya Manusia. PT. Bumi Aksara.

Hennessey, B. A., & Teresa, M. A. (2010). Creativity. SSRN, 61, 569–598. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1601146

Herispon, H., & Firdaus, H. S. (2022). Pengaruh Kompensasi Terhadap Kepuasan Kerja Karyawan Pada PT. Dharma Guna Wibawa Di Tapung Kabupaten Kampar. . Eko Dan Bisnis, 13(1), 31–40.

Hutami Putri, A. (2019). Pengaruh Beban Kerja Dan Kompensasi Terhadap Kepuasan Kerja Karyawan (Studi Kasus Pada Kantor Pt. Tri Poda Parama).

Imam, G. (2014). Structural Equation Modeling: Metode Alternatif dengan Partial Least Square (PLS). Badan Penerbit Universitas Diponegoro.

Ismah, L., Hadi, S. P., Dewi, R. S., Bisnis, D. A., & Diponegoro, U. (2023). Pengaruh Reward Dan Punishment Terhadap Motivasi Kerja Serta Dampaknya Terhadap Kinerja (Studi Pada Karyawan Pt Sampurna Kuningan Juwana). In Jurnal Ilmu Administrasi Bisnis (Vol. 12, Issue 1). https://ejournal3.undip.ac.id/index.php/jiab

Maharani, C., Kinanti, A. D., Yogiswara, A., Syahputri, D. A., & Farisandy, E. D. (2023). Pengaruh Work-Life Balance terhadap Kepuasan Kerja pada Karyawan di Bintaro. Jurnal Psikologi Perseptual, 8(1), 80–98.

Mangkunegara, A. W. (2000). Manajemen Sumber Daya Manusia. Rosada.

Mazllami, A. (2020). The impact of rewards on employee performance: In SMES in POLOG region. ECONOMIC VISION. International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 7(13), 53–62.

Muqoyyaroh, L. (2018). pengaruh reward terhadap kepuasan kerja karyawan PDAM Magetan. EQUILIBRIUM. Jurnal Ilmiah Ekonomi Dan Pembelajarannya, 6(1), 95–101.

Nelson, D. L., & Quick, J. C. (2022). The Effectiveness of Ideal Clinic System in Increasing Job Satisfaction in the Rural Areas: A Case in the Eastern Cape Province, South Africa. Journal of Human Resource and Sustainability Studies, 10(3).

Nugraha, A., & Tjahjawati, S. S. (2018). Pengaruh Kompensasi Terhadap Kinerja Karyawan. Jurnal Riset Bisnis Dan Investasi, 3(3), 24–32. https://doi.org/10.35313/jrbi.v3i3.942

Nugrahaningsih, R. (2021). Effect of Organizational Commitment and Employee Empowerment and Reward and Punishment of Motivation Bpjs Services and Performance of Employees in Hospital Abdul Wahab Sjahranie Samarinda, Indonesia. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(13), 4301–4314.

Permadi, I. K. O., Landra, N., Kusuma, I. G. A. E. T., & Sudja, I. N. (2019). The Impact of Compensation and Work Environment Towards Job Satisfaction To Affect the Employee Performances on Sinarbali Binakarya Industry in Denpasar, Bali. International Journal of Management and Commerce Innovation, 6(2), 1248–1258.

Pratama, F. A., Utami, H. N., & Mayowan, Y. (2015). Pengaruh Imbalan dan Hukuman Terhadap Kepuasan Kerja dan Kinerja Karyawan (Studi pada Karyawan Departemen Statistik Bank Indonesia Jakarta). Jurnal Administrasi Bisnis (JAB), 22(1), 1–10.

Rijal, A. F. N., & Frianto, A. (2020). pengaruh kompetensi terhadap kinerja karyawan melalui kepuasan kerja : studi literatur. Bima : Journal of Business and Innovation Management, 3(1), 49–58.

Robbins, S. P. (2005). Essentials of Organizational Behavior. Pearson Education Limited.

Robbins, S. P., & Judge, T. A. (2017). Organizational Behavior. Pearson.

Robbins, S. P., & Timothy, A. J. (2016). Perilaku Organisasi (16th ed.). Pearson Education Limited.

Skinner, B. F. (1953). Science and Human Behavior. Macmillan.

Soetrisno, E. (2019). Manajemen Sumber Daya Manusia. Kencana.

Suparyadi.H. (2015). Manajemen Sumber Daya Manusia: Menciptakan Keunggulan Bersaing Berbasis Kompetensi SDM.

Suryani, A. S. (2013). Pengaruh Faktor Kompensasi terhadap Kepuasan Kerja Dosen Pada Akademi Keperawatan Rumah Sakit Marthe Indey Jayapura. Jurnal Uniyap, 3(11).

Wibowo, A. (2007). Manajemen Kinerja. PT Raja Grafindo Persada.

Zaraket.W.S, & Saber, F. (2017). The impact of financial reward on Job satisfaction and performance: Implications for Blue Collar Employees. China-USA Business Review, 16(8), 369–378.

Zayed, N. M., Rashid, M. M., Darwish, M. S., E-Alam, F., Nitsenko, V., & Islam, KM. A. (2022). The Power of Compensation System (CS) on Employee Satisfaction (ES): The Mediating Role of Employee Motivation (EM). Economies, 10(11).

Zulkarnain, C. A., & Setyaningrum, R. P. (2022). The Influence Of Work-Life Balance And Work Environment On Job Satisfaction With Burnout As Intervening Of Milenial Employees During Covid-19 Pandemic In Bekasi District. International Conference on Government Education Management and Tourism, 1(1). https://conference.loupiasconference.org/index.php/icogemt2/article/view/307

Published
2024-06-21
How to Cite
Rahadi, D. R., Prastiani, E. D., Fajri, F. M., & Alfinandita, I. M. Z. (2024). The Effect of Compensation and Rewards on Job Satisfaction through Punishment as an Intervening Variable. EKOMABIS: Jurnal Ekonomi Manajemen Bisnis, 5(01), 1 - 16. https://doi.org/10.37366/ekomabis.v5i01.1070
Abstract viewed = 508 times
PDF (English) downloaded = 370 times