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An Empirical Study On The Relationship Between Compensation Strategy And Organizational Commitment:Based On The Moderating Effect Of Organizational Culture

Posted on:2020-10-31Degree:MasterType:Thesis
Country:ChinaCandidate:W H DengFull Text:PDF
GTID:2439330596463956Subject:Business management
Abstract/Summary:PDF Full Text Request
Talent is the core competitiveness of enterprise development,as well as the most dynamic factor in the enterprise.In the era of knowledge based on economy,enterprises must rely on excellent employees if they want to follow the trend of the times and sustain long-term development.Therefore,the competition among enterprises is to a large extent the competition for excellent talent resources.However,in reality,many enterprises suffer from difficulties in production and operation due to the dimission of core employees or the flow of employees in key positions,and never recover after a setback.Thus,how to improve employees' commitment to the enterprise is an important issue at present.On the basis of the previous studies,compensation strategy can be divided into three types: compensation strategy based on position,skill and performance.Further,the relationship between the compensation strategy and employees' organizational commitment to the enterprise is discussed in order to provide some suggestions for enterprises on using reasonable compensation strategy to retain talents.At the same time,this paper introduces the organizational culture as a moderating variable.The organizational culture of an enterprise have a great influence on the employees' sense of approval and belonging of the enterprise,which will also affect the degree of organizational commitment of employees.In the stage of empirical study,176 questionnaires from employees in different industries were obtained through questionnaire survey.Factor analysis,correlation and regression analysis were conducted on the questionnaire results using SPSS20.0.The main conclusions are as follows: the more reasonable the compensation strategy designed by the enterprise that tends to be based on the position and skills,the more it can improve the degree of employees' organizational commitment;while the more the compensation strategy that tends to be based on performance,the lower the employees' organizational commitment.Among them,organizational culture can significantly positively adjust the relationship between the organizational commitment and two compensation strategies,namely,position-based and performance-based compensation strategy.Although organizational culture has a moderating effect on the relationship between skill-based compensation strategy and organizational commitment,the effect is not significant.
Keywords/Search Tags:Organizational Commitment, Compensation Strategy, Organizational Culture, Employees
PDF Full Text Request
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