THE EFFECT OF COMPENSATION ON LECTURER’S PERFORMANCE AT PANCA SAKTI COLLEGE OF TEACHER TRAINING AND EDUCATION, BEKASI, INDONESIA

Abstract

Purpose of the study: The purpose of this study is to find the effect of compensation on lecturer’s performance at Panca Sakti Teachers College in Jakarta, Indonesia. Compensation is one of major factors that is believed to contribute on worker’s performance. This research is to find whether the hypothesis is also true for educational personnel, especially lecturer. The importance of the profession is seen as the main reason that they have been chosen as the subject of this research.

Methodology: This study used a survey methodology with a correlation analysis technique. By using the Slovin formula from a population of 88 lecturers with a significance level of 10%, the sample taken amounted to 47 lecturers taken using random sampling techniques.

Main Findings: Compensation affects lecturer’s performance with 90.8% coefficient determination. With such high percentage, it can be concluded that compensation is a major factor that affects lecturer’s performance in Panca Sakti teachers college, Jakarta.

Applications of this study: This study can benefit for the managerial in Panca Sakti Teacher College as a consideration in enhancing lecturer’s performance by raising compensation given. It also provides insight on how an assessment can be conducted by considering compensation as weighing factor to lecturer’s quality of work. Novelty/Originality of this study: This study focuses on lecture in Teacher College, which reveals a new result that can be used by managerial whereas the study might have been conducted on various field especially business and economic.