The Effects of Financial Compensation, Non-Financial Compensation, and Workload on Employee Performance with Work Motivation as a Moderating Variable

(Study at PT. Safarijunie Textindo Industry Boyolali)

Abstract

The outcome of someone's work in task accomplishment in accordance with their commitments is their employee performance. The performance standards a corporation sets for its workers are very protective. The goals of the organization will be easier to achieve with better employee performance. With work motivation serving as a moderating variable, the purpose of this study is to ascertain the impact of financial compensation, non-financial compensation, and workload on employee performance. The convenience sampling method was used to choose the sample for this study. Primary data gathered from respondents' responses to questionnaires are used in this quantitative study. PT Safarijunie Textindo Industry Boyolali's 93 employees participated in this study as respondents. The IBM SPSS Statistics 24 application was used in this study's multiple linear regression analysis and moderated regression analysis (MRA) for hypothesis testing. It was found that the workload has no effect on workers' productivity, but both financial and non-financial compensation does. When the effect of mediation is tested, only financial compensation has an influence on employee performance through work motivation; neither non-financial compensation nor workload has any effect. The respondents in the research are still not varied because it is still restricted to employees only filling out surveys. In order to acquire more objective data, it is desired that the leadership would also complete the questionnaire for future research. This research offers fresh perspectives on how financial compensation, non-financial compensation, and workload relate to one another in affecting employee performance, with job motivation serving as a mediating factor.