IMPACT OF EMPLOYEE COMPENSATION SYSTEM OF TOTAL UGANDA CO LIMITED ON JOB SATISFACTION (An Empirical Evidence of the Petroleum and Gas business of Uganda considering a case of Total E&P Uganda Limited)
DOI:
https://doi.org/10.47672/ejh.724Keywords:
Benefits, Employee Bonus, satisfaction, Salary, Rewards, Compensation and Employee PerformanceAbstract
Purpose: Motivation through an effective compensation system of the organization can never be over looked in in relation to improving satisfaction and performance of the employees. The purpose of this study was to establish the relationship between employee compensation and job satisfaction considering a case study of Total E&P Uganda Limited.
Methodology: The study employed a descriptive-cross sectional research design. Using a Krejcie and Morgan approach the study focused on 80 staff of Total E&P from which a sample of 66 respondents was chosen. The study used interviews and surveys as data collection instruments. Data from the answered questionnaires was analyzed using SPSSv20 and descriptive statistics calculator (online). The collected data was checked for consistency and then frequencies and percentages were be used to show responses of the distribution. The results were presented in tables and chart form.
Findings: It was found from different results that compensation has positive impact on job satisfaction. It was proved from Bi-variate Pearson Correlation coefficient analysis that independent variables have strong positive relationship to each other. Descriptive analysis also revealed that all the independent variables have positive impact on job satisfaction. Descriptive analysis of the results of the findings indicated that generally majority of the organization workers are not contented with the salaries and wages given to them by the organization. It was indicated in descriptive analysis that majority of the respondents had considerable knowledge on the concept of job satisfaction. This is justified basing on the fact that each respondent knows what can spur his or her commitment and motivation.
Limitations/implications of the research: Following the justifiable challenges the company is apparently facing, the study recommends that to ovoid a nosedived performance, a well streamlined compensation structure has to be adopted.
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Copyright (c) 2021 Marianne Birungi Mukalazi, Lawrencia Agen-Davis, Theophilus Teye Amanor, Daniela Daniel Ndunguru, Proffesor Dang Wei
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