The influence of total compensation on job satisfaction
The purpose of this study is to examine the effects of several total compensation factors on job satisfaction. This cross-sectional and confirmatory research has collected data from a sample of 246 employees including lower-level workers, technicians and middle managers in manufacturing and service...
| Authors: | , , |
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| Format: | article |
| Publication Date: | 2022 |
| Country: | España |
| Institution: | Universitat Politècnica de Catalunya (UPC) |
| Repository: | UPCommons. Portal del coneixement obert de la UPC |
| Language: | English |
| OAI Identifier: | oai:upcommons.upc.edu:2117/374144 |
| Online Access: | https://hdl.handle.net/2117/374144 https://dx.doi.org/10.11144/Javeriana.upsy20.itcj |
| Access Level: | Open access |
| Keyword: | Job satisfaction Total compensation Work-life balance Supervisor support Career development Pay satisfaction Satisfacció en el treball Àrees temàtiques de la UPC::Economia i organització d'empreses::Gestió i direcció::Recursos humans |
| Summary: | The purpose of this study is to examine the effects of several total compensation factors on job satisfaction. This cross-sectional and confirmatory research has collected data from a sample of 246 employees including lower-level workers, technicians and middle managers in manufacturing and service industries in Spain, mainly medium- and large-sized companies in the private sector. Data analysis includes reliability and validity tests of psychometric scales and hypotheses testing using multi-group Structural Equations Modelling (SEM). The study results show that the supervisor support, career development and work-life balance are strongly and positively related to job satisfaction. However, pay satisfaction is positively related to job satisfaction only for the group of employees who are 40 years of age or younger. It is important that managers conceptualize these factors as part of total compensation and promote policies for work flexibility, career development and supervisor support. The results add to the small literature that has investigated the growing field of total compensation and its outcomes for job satisfaction and employee performance. |
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