Employee Competencies and Compensation Strategies as Company's Strategic Effort to Escalate Employee Performance
Dr. Rusdin Tahir (http://www.rusdintahir.com), Born in Bone, August 14, 1966. Expert in the field of organizational behavior and human resource strategies. Undergraduate & Post-graduate school: Business Administration, Indonesian Education University (1992); Master Degree in Universitas Padjadjaran (2000); Doctor Degree in Universitas Padjadjaran (2013). Area of Interest: Management Science and Business Administration Science. Scientific Work: The Influence of Implementation of Quality Control Circle on The Job Performance of Employees (1991); Human Resource Strategy Dimension & Technology Transfer Strategy As Determinant of Corporate Performance-based Balanced Scorecard (1999); Quality of work-life, Organizational Citizenship, Employee engagement, total performance scorecard (2012)
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Employee Competencies and Compensation Strategies as Company's Strategic Effort to Escalate Employee Performance Abstract: The purpose of this study is to reveal employee competencies and compensation received by employees, as well as their implications for employee performance. This study was analyzed descriptively and verificatively through a survey method of 329 marketing managers in retail companies in Indonesia. The technique of data collection is done by indirect communication, through instruments in the form of questionnaires. Data were analyzed by weighted means score (WMS) and Structural Equation Modeling (SEM). The results showed that employee competency was good, but not optimal, indicated by the indicator of the employee's need for the company and the employee's priority scale in the work was still weak. Furthermore, the the compensation strategy is relatively good, indicated by indicators of salary/wages, incentives, and cooperative facilities that are still weak. On the other hand, competencies, and compensation strategies partially and simultaneously have positive and significant impact on employee performance which requires serious handling.