Hubungan Remunerasi, Retensi dan Kinerja Karyawan
-
Didit Darmawan
*
Universitas Mayjen Sungkono, Mojokerto,
Indonesia
- Devi Iriandha Universitas Mayjen Sungkono, Mojokerto, Indonesia
- Dian Indrianto Universitas Mayjen Sungkono, Mojokerto, Indonesia
- Dwi Sembe Sigita Universitas Mayjen Sungkono, Mojokerto, Indonesia
- Diah Cahyani Universitas Mayjen Sungkono, Mojokerto, Indonesia
Keywords:
Remuneration; Retention; Employee Performance
Abstract
The managerial practice of human resources to retain employees and develop performance is through a remuneration policy. This policy is a form of reward to employees for the contributions they make to their organization. Remuneration is one of the organization's strategies to empower the workforce, and can function as a company's competitiveness. Conformity between remuneration policies and employee recruitment will be the main factor in shaping the quality and competence of the organization's performance. This study aims to determine the extent to which remuneration has a relationship with employee retention and performance. This survey used a sample of 86 randomly selected respondents. Descriptive statistics involve frequency tables, while correlations are used to prove the relationship between variables. The study findings show that an effective remuneration policy has a strong relationship to improve employee performance. In addition, there is a significant relationship between remuneration and employee retention. Employees are possible to stay in the organization if the remuneration policy is in accordance with employee expectations
References
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Danish, R. Q., & A. Usman. 2010. Impact of Reward and Recognition on Job Satisfaction and Motivation. An empirical study from Pakistan. International Journal of Business and Management, 5, 159-167.
Darmawan, D., Sinambela, E. A., & Mauliyah, N. I. 2017. The Effect of Competence, Independence, and Workload on Audit Quality. Journal of Academic Research and Sciences, 2, 47-57
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Darmawan, D., E. A. Sinambela, M. Hariani, & M. Irfan. 2020. Analisis Komitmen Organisasi, Iklim Kerja, Kepuasan Kerja dan Etos Kerja yang Memengaruhi Kinerja Pegawai, Jurnal Bisnis dan Kajian Strategi Manajemen, 4(1), 58-70.
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Ernawati., E. A. Sinambela., R. Mardikaningsih., & D. Darmawan. 2020. Pengembangan Komitmen Organisasi Melalui Profesionalisme Karyawan dan Kepemimpinan yang Efektif. Jurnal Ekonomi dan Ekonomi Syariah, 3(2), 520-528.
Hewitt, A. 2009. Managing Performance with Incentive Pay. Journal of Personnel Management, 7(1), 20-31.
Hutomo, S. & D. Darmawan. 2011. Optimalisasi Manajemen Sumber Daya Manusia Menuju Keunggulan Bersaing, Jurnal Ilmu Sosial, 5(1), 13-22.
Jahroni, J., D. Darmawan., R. Mardikaningsih., & E. A. Sinambela. 2021. Peran Insentif, Perilaku Kepemimpinan, dan Budaya Organisasi terhadap Penguatan Komitmen Organisasi, Jurnal Ekonomi dan Ekonomi Syariah, 4(2), 1389-1397.
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Khoshnevis, M. & A. Gholipour. 2017. Exploring the Relationship between Employer Brand and Employees’ Retention. International Journal of Scientific and Engineering Research, 8(10), 141 –151.
Lestari, U. P., E. A. Sinambela., R. Mardikaningsih., & D. Darmawan. 2020. Pengaruh Efikasi Diri dan Lingkungan Kerja terhadap Kepuasan Kerja Karyawan. Jurnal Ekonomi dan Ekonomi Syariah, 3(2), 529-536.
Mardikaningsih, R. 2020. Sebuah Penelitian Empiris Tentang Hubungan Masa Kerja, Kualitas Sumber Daya Manusia dan Komitmen Organisasi. Jurnal Ilmiah Ilmu-ilmu Ekonomi, 13(1), 43-54.
Mathimaran, B. & A.A. Kumar. 2017. Employee Retention Strategies -An Empirical Research. Global Journal of Management and Business Research: E Marketing. 17(1): 17 -22.
Mrope, G. & Y.I. Bangi. 2014. Examining the Influence of Management Practice and Attitudes on Employee Turnover: A Case of Kibaha District Council. The InternationalJournal of Business and Management, 2(9), 11 –18.
Msengeti, D.M. & J. Obwogi. 2015. Effects of Pay and Work Environment on Employee Retention: A Study of Hotel Industry in Mombasa County. International Journal of Scientific and Research Publications, 5(4), 2250 –3153.
Muhoho, J.M.E. 2014. Assessment of Factors Influencing Employee Retention in Tanzania’s work Organizations. International Journal of Innovation and Applied Studies, 9(2), 687 -697.
Namasivayam, K., L. Miao, & X. Zhao. 2007. An Investigation of the Relationship between Compensation Practices and Firms Performance in the US Hotel Industry. International Journal of Hospitality Management, 26, 574-587.
Putra, A. R., & R. Mardikaningsih. 2021. Kompensasi dan Lingkungan Kerja Serta Pengaruhnya terhadap Komitmen Organisasi. Jurnal Ilmiah Edunomika, 6(1), 44-53.
Shahin, N. 2017. A Study of Employee Retention in the Pharmaceuticals Sector in Ranchi City. International Journal of Engineering Technology Science and Research. 4(9), 292 –301.
Sighter, K. W. & J.S. Adams. 1999. Different between Stayers and Leavers among Part-time Workers, Journal of Management Issues 11, 110–125.
Werdati, Fauchil., D. Darmawan & N.R. Solihah. 2020. The Role of Remuneration Contribution and Social Support in Organizational Life to Build Work Engagement, Journal of Islamic Economics Perspectives, 1(2), 20-32.
Armstrong, M. 2005. A Handbook on Human Resources Management Practices. Kogan Page. UK.
Armstrong, M., & D. Brown. 1998. Relating Competences to pay; The UK experience, Compensation and Benefit Review 18(2), 295-310.
Brown, D. 2003. Reward Strategies, Journal of Personnel Management, 1, 17-29.
Bussin, M. 2002. Retention Strategies: Remuneration Answers. Knowledge Resources, Johannesburg.
Danish, R. Q., & A. Usman. 2010. Impact of Reward and Recognition on Job Satisfaction and Motivation. An empirical study from Pakistan. International Journal of Business and Management, 5, 159-167.
Darmawan, D., Sinambela, E. A., & Mauliyah, N. I. 2017. The Effect of Competence, Independence, and Workload on Audit Quality. Journal of Academic Research and Sciences, 2, 47-57
Darmawan, D et al. 2020. The Quality of Human Resources, Job Performance and Employee Loyalty, International Journal of Psychosocial Rehabilitation, 24(3), 2580-2592.
Darmawan, D., E. A. Sinambela, M. Hariani, & M. Irfan. 2020. Analisis Komitmen Organisasi, Iklim Kerja, Kepuasan Kerja dan Etos Kerja yang Memengaruhi Kinerja Pegawai, Jurnal Bisnis dan Kajian Strategi Manajemen, 4(1), 58-70.
Day, C. 2000. Stories of Change and Professional Development: the costs of commitment, in C. Day, A. Fernandez, T. Hauge, J. Moller (Eds.). The life and works of teachers: international perspectives in changing times. London: Falmer Press, 109–129.
Ernawati., E. A. Sinambela., R. Mardikaningsih., & D. Darmawan. 2020. Pengembangan Komitmen Organisasi Melalui Profesionalisme Karyawan dan Kepemimpinan yang Efektif. Jurnal Ekonomi dan Ekonomi Syariah, 3(2), 520-528.
Hewitt, A. 2009. Managing Performance with Incentive Pay. Journal of Personnel Management, 7(1), 20-31.
Hutomo, S. & D. Darmawan. 2011. Optimalisasi Manajemen Sumber Daya Manusia Menuju Keunggulan Bersaing, Jurnal Ilmu Sosial, 5(1), 13-22.
Jahroni, J., D. Darmawan., R. Mardikaningsih., & E. A. Sinambela. 2021. Peran Insentif, Perilaku Kepemimpinan, dan Budaya Organisasi terhadap Penguatan Komitmen Organisasi, Jurnal Ekonomi dan Ekonomi Syariah, 4(2), 1389-1397.
Kavitha, S. R., S.R. Geetha, & V. Arunachalam. 2011. An Empirical Study on Employee Retention Strategies in a Biscuit Manufacturing Company in India. Interdisciplinary Journal of Contemporary Research in Business, 3(4), 762 -772.
Khoshnevis, M. & A. Gholipour. 2017. Exploring the Relationship between Employer Brand and Employees’ Retention. International Journal of Scientific and Engineering Research, 8(10), 141 –151.
Lestari, U. P., E. A. Sinambela., R. Mardikaningsih., & D. Darmawan. 2020. Pengaruh Efikasi Diri dan Lingkungan Kerja terhadap Kepuasan Kerja Karyawan. Jurnal Ekonomi dan Ekonomi Syariah, 3(2), 529-536.
Mardikaningsih, R. 2020. Sebuah Penelitian Empiris Tentang Hubungan Masa Kerja, Kualitas Sumber Daya Manusia dan Komitmen Organisasi. Jurnal Ilmiah Ilmu-ilmu Ekonomi, 13(1), 43-54.
Mathimaran, B. & A.A. Kumar. 2017. Employee Retention Strategies -An Empirical Research. Global Journal of Management and Business Research: E Marketing. 17(1): 17 -22.
Mrope, G. & Y.I. Bangi. 2014. Examining the Influence of Management Practice and Attitudes on Employee Turnover: A Case of Kibaha District Council. The InternationalJournal of Business and Management, 2(9), 11 –18.
Msengeti, D.M. & J. Obwogi. 2015. Effects of Pay and Work Environment on Employee Retention: A Study of Hotel Industry in Mombasa County. International Journal of Scientific and Research Publications, 5(4), 2250 –3153.
Muhoho, J.M.E. 2014. Assessment of Factors Influencing Employee Retention in Tanzania’s work Organizations. International Journal of Innovation and Applied Studies, 9(2), 687 -697.
Namasivayam, K., L. Miao, & X. Zhao. 2007. An Investigation of the Relationship between Compensation Practices and Firms Performance in the US Hotel Industry. International Journal of Hospitality Management, 26, 574-587.
Putra, A. R., & R. Mardikaningsih. 2021. Kompensasi dan Lingkungan Kerja Serta Pengaruhnya terhadap Komitmen Organisasi. Jurnal Ilmiah Edunomika, 6(1), 44-53.
Shahin, N. 2017. A Study of Employee Retention in the Pharmaceuticals Sector in Ranchi City. International Journal of Engineering Technology Science and Research. 4(9), 292 –301.
Sighter, K. W. & J.S. Adams. 1999. Different between Stayers and Leavers among Part-time Workers, Journal of Management Issues 11, 110–125.
Werdati, Fauchil., D. Darmawan & N.R. Solihah. 2020. The Role of Remuneration Contribution and Social Support in Organizational Life to Build Work Engagement, Journal of Islamic Economics Perspectives, 1(2), 20-32.
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Published
2021-06-29
How to Cite
Didit Darmawan, Devi Iriandha, Dian Indrianto, Dwi Sembe Sigita, & Diah Cahyani. (2021). Hubungan Remunerasi, Retensi dan Kinerja Karyawan. Journal of Trends Economics and Accounting Research, 1(4), 129-133. Retrieved from https://journal.fkpt.org/index.php/jtear/article/view/159
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Articles
Copyright (c) 2021 Didit Darmawan, Devi Iriandha, Dian Indrianto, Dwi Sembe Sigita, Diah Cahyani
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