Fazhar Sumantri
Management Faculty. University of Bina Sarana Informatika, Jakarta, Indonesia, 10410

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The Effect of Financial Compensation on Employee Performance : Study Case at Bank SMBC indonesia Daniel Daniel; Melyani Melyani; Syabrinildi Syabrinildi; Hendra Kurniawan; Fazhar Sumantri; Didin Solehudin; Hendra Lesmana
Journal of Management and Informatics Vol. 4 No. 3 (2025): December Season | JMI: Journal of Management and Informatics
Publisher : University of Science and Computer Technology

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51903/jmi.v4i3.197

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.