The Effect of Financial Compensation on Employee Performance : Study Case at Bank SMBC indonesia

Authors

  • Daniel Daniel Management. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410
  • Melyani Melyani Management. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410 https://orcid.org/0000-0003-0299-7142
  • Syabrinildi Syabrinildi Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410
  • Hendra Kurniawan Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410
  • Fazhar Sumantri Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410
  • Didin Solehudin Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410
  • Hendra Lesmana Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410 https://orcid.org/0000-0001-9588-0722

DOI:

https://doi.org/10.51903/jmi.v4i3.197

Keywords:

financial compensation, employee performance, banking, regression analysis, Bank SMBC Indonesia

Abstract

This research investigates the effect of financial compensation on employee performance at Bank SMBC Indonesia. Using a quantitative approach, 120 employees were surveyed via a structured questionnaire. Data were analyzed using SPSS 26, including reliability testing, normality analysis, simple linear regression, ANOVA, and coefficient testing. The results show that financial compensation has a significant and positive effect on employee performance, with an R² of 0.479, meaning that compensation accounts for approximately 47.9% of the variance in performance. Suggestions for SMBC Indonesia include optimizing compensation mechanisms, such as performance-based bonuses, to enhance employee productivity.

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Published

2025-12-08

Issue

Vol. 4 No. 3 (2025): December Season | JMI: Journal of Management and Informatics

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Articles

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Copyright (c) 2025 Daniel Daniel , Melyani Melyani, Syabrinildi Syabrinildi, Hendra Kurniawan, Fazhar Sumantri, Didin Solehudin, Hendra Lesmana

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