Record Details

Relationship between Financial Compensation and Organizational Commitment among Malaysian Bank Workers

Asian Business Research

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Field Value
 
Title Relationship between Financial Compensation and Organizational Commitment among Malaysian Bank Workers
 
Creator Kee, Low Bee
Ahmad, Rusli bin
Abdullah, Siti Mariam
 
Description This research examines the relationship between financial compensation and organizational commitment among workers in the banking industry, Malaysia. This research is significant in addressing the preceding gap on the types of financial compensation such as salaries, bonuses and merit pay with a stronger relationship with organizational commitment. Although these variables have been widely studied, few studies have explored their relationship to organizational commitment. Quantitative methodology is utilized to explore the relationship between financial compensation and organizational commitment. In data collection, a questionnaire was administered among 150 workers working in several selected banks in Bera; a town situated in the state of Pahang, Malaysia. Simple random sampling was used to select the respondents in the survey. The research findings showed that there is a significant relationship between financial compensation such as salaries, bonuses and merit pay and organizational commitment. Besides that, merit-based pay is identified as the dominant factor in influencing the organizational commitment among the bank workers under study. The research findings contribute to a better understanding for all related parties on the application of theories and model in relation with financial compensation aspects and organizational commitment. 
 
Publisher July Press Pte. Ltd.
 
Contributor
 
Date 2016-03-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.julypress.com/index.php/abr/article/view/29
10.20849/abr.v1i1.29
 
Source Asian Business Research; Vol 1, No 1 (2016); p75
2424-8983
2424-8479
 
Language eng
 
Relation http://journal.julypress.com/index.php/abr/article/view/29/29
 
Rights Copyright (c) 2016 Asian Business Research
http://creativecommons.org/licenses/by/4.0