The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad

The objective of this study was to investigate whether there were any influences between organization compensation in Aerospace Composites Malaysia (ACM) on employee retention. Compensation and benefits are consisting of monetary and nonmonetary reward. Thus, the independent variables while the depe...

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Main Author:	Sumaiyah, Senawi
Format:	Thesis
Language:	eng eng eng
Published:	2020
Subjects:	HF5549-5549.5 Personnel Management Employment
Online Access:	https://etd.uum.edu.my/9326/1/s822973_01.pdf https://etd.uum.edu.my/9326/2/s822973_02.pdf https://etd.uum.edu.my/9326/3/s822973_references.docx
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id	my-uum-etd.9326
record_format	uketd_dc
spelling	my-uum-etd.93262022-04-28T01:43:29Z The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad 2020 Sumaiyah, Senawi Othman Yeop Abdullah Graduate School of Business School of Business Management HF5549-5549.5 Personnel Management. Employment The objective of this study was to investigate whether there were any influences between organization compensation in Aerospace Composites Malaysia (ACM) on employee retention. Compensation and benefits are consisting of monetary and nonmonetary reward. Thus, the independent variables while the dependent variable was employee retention. This study also investigates the level of employee retention at ACM. A total of 275 employees participated in this study by answering survey questionnaire. Data was collected through 29 items questionnaires on a five-point Likert and another 6 items were demographic questions. Data were analyzed using descriptive statistics (mean and standard deviation) and inferential statistics (correlation and multiple regressions). The finding from this study showed that monetary and non-monetary reward have a significant influence with employee retention. The study also revealed that the mean for employee retention was at high level 3.715 in one to five scale. Meanwhile, 73.9 percent of independence variance were influencing the ACM employee retentions. This study would like to highlight to human resource and policymakers that total reward should be seen as according to employee performance not their entitlement. 2020 Thesis https://etd.uum.edu.my/9326/ https://etd.uum.edu.my/9326/1/s822973_01.pdf text eng 2023-12-22 staffonly https://etd.uum.edu.my/9326/2/s822973_02.pdf text eng public https://etd.uum.edu.my/9326/3/s822973_references.docx text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
topic	HF5549-5549.5 Personnel Management Employment
spellingShingle	HF5549-5549.5 Personnel Management Employment Sumaiyah, Senawi The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
description	The objective of this study was to investigate whether there were any influences between organization compensation in Aerospace Composites Malaysia (ACM) on employee retention. Compensation and benefits are consisting of monetary and nonmonetary reward. Thus, the independent variables while the dependent variable was employee retention. This study also investigates the level of employee retention at ACM. A total of 275 employees participated in this study by answering survey questionnaire. Data was collected through 29 items questionnaires on a five-point Likert and another 6 items were demographic questions. Data were analyzed using descriptive statistics (mean and standard deviation) and inferential statistics (correlation and multiple regressions). The finding from this study showed that monetary and non-monetary reward have a significant influence with employee retention. The study also revealed that the mean for employee retention was at high level 3.715 in one to five scale. Meanwhile, 73.9 percent of independence variance were influencing the ACM employee retentions. This study would like to highlight to human resource and policymakers that total reward should be seen as according to employee performance not their entitlement.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Sumaiyah, Senawi
author_facet	Sumaiyah, Senawi
author_sort	Sumaiyah, Senawi
title	The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
title_short	The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
title_full	The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
title_fullStr	The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
title_full_unstemmed	The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad
title_sort	influence of monetary and non-monetary reward towards employee retention at aerospace composites malaysia berhad
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2020
url	https://etd.uum.edu.my/9326/1/s822973_01.pdf https://etd.uum.edu.my/9326/2/s822973_02.pdf https://etd.uum.edu.my/9326/3/s822973_references.docx
_version_	1747828573590257664

The influence of monetary and non-monetary reward towards employee retention at Aerospace Composites Malaysia Berhad

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