Pengaruh Kompensasi Dan Reward Terhadap Kinerja Karyawan Melalui Motivasi Kerja Sebagai Variabel Mediasi (Studi Kasus Pada Bank Jatim Cabang Syariah Soekarno Hatta Malang)

Abstract

Abstract

This study analyzes the effect of compensation and rewards on employee performance, with work motivation as a mediating variable at Bank Jatim Syariah Soekarno Hatta Malang Branch. This research employed a quantitative approach using a saturated sampling method involving 43 active employees. Data were collected through a questionnaire in the form of Google Forms, distributed via WhatsApp. Data analysis was conducted using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0 software. The results showed that: (1) compensation had no significant direct effect on employee performance (β = 0.029, p = 0.834); (2) rewards had no significant direct effect on employee performance (β = 0.180, p = 0.202); (3) compensation had a positive and significant effect on work motivation (β = 0.325, p = 0.045); (4) rewards had a positive and significant effect on work motivation (β = 0.565, p = 0.000); (5) work motivation had a positive and significant effect on employee performance (β = 0.647, p = 0.000); (6) work motivation did not significantly mediate the effect of compensation on employee performance (indirect effect = 0.051, p > 0.05); and (7) work motivation significantly mediated the effect of rewards on employee performance (indirect effect = 0.007, p < 0.05). In conclusion, work motivation plays a critical role as a mediating variable in the relationship between the reward system and employee performance. This study provides practical implications suggesting that organizations should prioritize strategies to enhance work motivation and ensure that compensation and reward systems are designed to strengthen employee motivation before ultimately contributing to improved employee performance.

Keywords : Compensation, Rewards, Work Motivation, Employee Performance, PLS-SEM, Bank Jatim Syariah.