JURNAL ECONOMINA
Vol. 5 No. 8 (2026): JURNAL ECONOMINA, Agustus 2026

Determinants of Labor Productivity and Their Implications for Employee Compensation in the Banking Sector of Mataram City

Irwan Irwan (Universitas Mataram, Indonesia)
Luluk Fadliyanti (Universitas Mataram, Indonesia)
Subhan Purwadinata (Universitas Mataram, Indonesia)



Article Info

Publish Date
30 Aug 2026

Abstract

This study examines the effects of education, work experience, digitalization, and workplace facility support on employee compensation, with labor productivity as a mediating variable in the banking sector of Mataram City. An explanatory quantitative design involved 76 purposively selected respondents from a population of 240 employees at three banking institutions. Questionnaire data were analyzed using PLS-SEM with SmartPLS 4. The results show that education and workplace facility support have positive and significant effects on compensation, whereas work experience and digitalization have no significant direct effects. Labor productivity positively affects compensation and significantly mediates only the relationship between work experience and compensation. The model explains 65.4% of labor productivity variance and 53.1% of compensation variance, with Q² of 0.838.

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Journal Info

Abbrev

economina

Publisher

Subject

Economics, Econometrics & Finance

Description

JURNAL ECONOMINA (JE) is a peer-reviewed journal which publishes original research papers. ECONOMINA has been published since 2022. It is currently published every month a year with e-ISSN: 2963-1181. The Digital Object Identifier (DOI) is assigned to each published article and the journal is ...