Image of The Indonesia Journal of Business Administration Vol 1 No.8

The Indonesia Journal of Business Administration Vol 1 No.8

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1822020JHD28 V1.No8 2012IPMI Kalibata (Journal)Available

Publisher :School of Business Management ITB , 2012

Abstract
Business and Management (SBM), Institut Teknologi Bandung (ITB), covers lecturers and non-academic employees' compensation system. The system that regulates non-academic employees has not met the Compensation system of School of criteria of internal and ymbÉ™ external competitiveness. The current compensation system is also likely to apply the model of 100% fixed salary, so it has not been able to encourage employee motivation to perform at the maximum. Therefore, it is necessary to evaluate and redesign the implemented compensation system of SBM ITB from the internal point of view. To capture the business issue, questionnaire distribution and FGD activity were conducted on 30 representative employees concerning internal equity, external competitiveness, employee contributions, management of the pay system, and budget capabilities. The results reveal that employees felt dissatisfied with the payroll components and also questioned about the existence of communication forum to facilitate information sharing and grievances. The possible alternative solutions are applying person-based compensation model considering the educational background and job experience as the entry level criteria, job-based compensation model, and alocation with specific payroll components of each and also reinforcing the communication forum for employees. adjustable benefit

Keywords: compensation system, person-based compensation model. job-based compensation model, benefit, payroll

Series Title
-
Call Number
HD28 V1.No8 2012
Publisher Place Bandung
Collation
572
Language
English
ISBN/ISSN
-
Classification
HD28
Media Type
-
Carrier Type
-
Edition
V1. No.8
Subject(s)
Specific Info
-
Statement
Content Type
text

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