A Study on the Correlation between Compensation Satisfaction and Turnover Intention

• Main Authors: Chia-Yin Hung, 洪嘉瑩
• Other Authors: Chih-Chun Chiu
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/78970100299844302013

碩士 === 世新大學 === 行政管理學研究所(含博、碩專班) === 95 === In the design of a compensation system, industry characteristics, organization strategy, internal environment, work characteristics are to be considered. Even if an employee fights for a position because of the company’s prestigious brand name at the beginning, he might not necessarily have appropriate cohesion and proactive work attitude. In this study, empirical approaches are employed; the goal is to provide reference to businesses for designing compensation systems and to researchers for further researches. To understand the associations between employee engagement for the organization/compensation satisfaction and work attitude/turnover intention, three representative employees are interviewed first in a qualitative manner, based on which a questionnaire was developed to facilitate this research in a quantitative way. After applying descriptive statistics, ANOVA, correlation analysis and t-test, this survey comes out with the following findings: 1. Length of service has significant influence on compensation structure. 2. Length of service and work experience both have significant influences on compensation satisfaction. 3. Age has significant influence on work attitude. 4. Age, length of service, and work experience all have significant influence on turnover intention. 5. Level of understanding of compensation system and compensation satisfaction have significant positive correlation. 6. Level of understanding of compensation structure and compensation satisfaction have significant positive correlation. 7. Compensation satisfaction and organization cohesion have significant positive correlation. 8. Compensation satisfaction and work attitude have significant positive correlation. 9. Compensation satisfaction and turnover intention have significant positive correlation. With time passing by, the compensation systems have turned from fixed into flexible. In the enterprise perspective, this research domenstrates its importance, especially under today’s deteriorating economic environment.