Abstract:
ABSTRACT
The study examined the influence of compensation management on employee
commitment and controlled for the mediating effect of job satisfaction among workers
in Youth Employment Agency [YEA], Accra. The study was quantitatively
approached alongside the use of the explanatory research design. The target
population included some 280 workers at the YEA. Through simple random sampling
technique, 130 structured questionnaires were issued but 126 were retrieved for the
data analysis. Pearson product-moment correlation, multiple regression and mediation
analysis were conducted using the SPSS for the data analysis in respect of the specific
research objectives. The study confirms compensation management has a significant
effect on employee commitment and job satisfaction among employees at the YEA.
Financial compensation contributes significantly in a positive manner to predicting
the change in employee commitment but non-financial compensation fails in this
regard. Similarly, compensation management accounts for a statistically significant
positive substantial change in job satisfaction among the workers at the YEA,
however, this change is caused strongly and significantly by only non-financial
compensation. Finally, the study confirms job satisfaction significantly mediates fully
and positively the predictive relationship between compensation management and
employee job satisfaction at the YEA. It was recommended that management of YEA
should conduct periodic job satisfaction audits should be carried out so that timely
insights could be provided to guide managerial decision-making as to how to blend
pro-HR interventions including compensation management to enhance the state of job
satisfaction in order to enhance the state of job commitment among employees at the
YEA
