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COMPENSATION SYSTEM DESIGN AT PT XYZ REGIONAL OFFICE EAST JAVA

COMPENSATION SYSTEM DESIGN AT PT XYZ REGIONAL OFFICE EAST JAVA

Title: COMPENSATION SYSTEM DESIGN AT PT XYZ REGIONAL OFFICE EAST JAVA

Author: ANDREAN PERDANA SAPUTRA

Affiliations : Master of Management Science Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia

Publisher: Universitas Airlangga

 

Abstract

Compensation is a form of appreciation given by a company to employees for their contributions. All companies strive to provide fair compensation both internally, externally, and individually. As one of the companies in the telecommunications industry that has quite high development, PT. XYZ is a company that provides telecommunications tower construction services (tower provider) that strives to meet the needs of base transmission station (BTS) placement for telecommunications operators throughout Indonesia. Changes in company ownership and the company's organizational structure have an impact on the compensation currently implemented by the company. The purpose of this study is to provide recommendations to company management regarding compensation that is aligned with the organization's strategic plan. Starting from the analysis stage of the company's strategic plan, explanation of job specifications, formulating the weight of each type of position, the results of which will be used to determine the salary structure, allowances, bonuses and benefits of employees of PT. XYZ East Java regional office. This research is an exploratory study with a qualitative approach - case study. The types and sources of data used are documents originating from the company, reports from interviews with key informants, and observation results. The results obtained from this study are a compensation system for employees of PT. XYZ regional office East Java with the main components of the basic salary structure, allowances, bonuses, benefits, and compensation management system in the company.

Keywords: Compensation, Basic Salary, Allowance, Bonus, Benefits

 

Sources: http://repository.unair.ac.id/39060/