Philippine E-Journals

EMPLOYEE PRESPECTIVE: A STUDY ON THE EFFECT OF BENEFITS PACKAGE ON ORGANIZATIONAL COMMITMENT AND JOB PERFORMANCE

Mary Rose Anne J. Rosalejos | Alex Adrian Y. Tacdera | Ramon Martcio

 

Abstract:

With the high turnover rates and resignations, companies are in need of employees with excellent skills and capabilities, along with expanded knowledge and experiences that would commit to the organization. In relation to that speculation, excellent and superb employees are now as rare as a diamond with increasing needs and wants. This study aims to find the significant effect of benefits package on the commitment and job performance of the employees to the organization. 100 respondents participated in the fulfillment of the study. The gender of the respondents was considered with a result of 50.0% males and 50.0% females. The highest percentage on the age bracket was from 21 - 25 years old, interpreting those respondents were in their mid-twenties. On the educational attainment, 57.0 % of the respondents were college undergraduates. The SPSS statistical tool was used to process the data gathered. The regression analysis model proved three (3) hypothesis with the application of Herzberg's Two-Factor Theory of Motivation: (1) Benefits package has a moderate impact to the commitment of the employees to their organization; (2) Organizational Commitment does not entirely affect the performance or productivity of the employees in terms of their responsibilities; and (3) Benefits have a much greater effect on the job performance of the employees. As a conclusion, this study may become vital information to the companies by asserting the importance of every factor considered for the Human Resource decision making for recruitment.