Pengaruh Kompensasi Finansial, Gaya Kepemimpinan, dan Motivasi Kerja Terhadap Kinerja Karyawan pada Perusahaan Manufaktur di Jawa Timur

ABSTRACT: This  study  aims  to  determine  the  relationship  between  financial  compensation,  leadership  style  and motivation to the employee’s performance of manufacture’s company. The respondents were managers of middle management at manufacture’s company as much as 110 people chosen randomly from the sampling frame amounted to 152. Data is collected using the instrument in the form of questionnaires. The instrument is  calibrated  using  the  validity  of  items  and  reliability  coefficient.  Data  were  analyzed  using  Structural Equation  Modeling  (SEM)  with  PLS  Smart  package.  The  results  show  that:  (1)  there  is  no  influence  of financial  compensation  (X1)  on work  motivation  (Z),  (2)  leadership  style  (X2)  has a positive  influence  on motivation  (Z)  significantly,  (3)  there  is  no  influence  of  financial  compensation  (X1)  on  the  employee’s performance  (Y),  (4)  leadership  style  (X2)  has  a  positive  and  significant  influence  on  the  employee’s performance (Y), and (5) work motivation (Z) directly have a significant positive influence on the employee’s performance  (Y).  These  findings  have  implications  that  financial  compensation  does  not  significantly influence  the  work  motivation  and  employee’s performance.  Leadership  styles  significantly  influence workers'  motivation  and  employee’s performance.  Work  motivation  influences  employee’s performance. Leadership is an important factor in providing direction to the employee especially at this present moment in which transparency becomes essential. The leadership that is needed is leadership that can empower their employees. Leadership that can motivate employees is leadership that can foster a sense of confidence of the employees in carrying out their duties.
Keywords:  financial compensation, leadership style, motivation, employee’s performance 
Penulis: Slamet Riyadi
Kode Jurnal: jpmanajemendd110347

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