The Effect of Job Training and Financial Compensation on Employee Performance at PT. PLN (Persero) ULP South Medan

Yakin Gunawan Gea; Maduma Sari Sagala; Irwan Nopian Sinaga

doi:10.55927/eajmr.v4i10.409

Authors

Yakin Gunawan Gea STIE IBMI Medan
Maduma Sari Sagala STIE IBMI Medan
Irwan Nopian Sinaga STIE IBMI Medan

DOI:

https://doi.org/10.55927/eajmr.v4i10.409

Keywords:

Employee Performance, Financial Compensation, Job Training

Abstract

This research aims to determine the effect of job training and financial compensation on employee performance at PT. PLN (Persero) ULP South Medan. The study employs a quantitative method. The results indicate that the multiple linear regression equation obtained is Y = 1.974 + 0.811X1 + 0.616X2 + e, which shows that job training and financial compensation have a positive and significant effect on employee performance. The t-test results show that job training has a significant effect on employee performance with a t-value greater than the t-table value (6.058 > 2.01954). Similarly, financial compensation also shows a positive and significant effect with a t-value greater than the t-table value (3.228 > 2.01954). The F-test results indicate that the F-value is greater than the F-table value (29.718 > 3.23), which means that job training and financial compensation simultaneously have a significant effect on employee performance. The coefficient of determination (R²) value of 0.572 or 57.20% indicates that the variables of job training and financial compensation can explain 57.20% of the variation in employee performance, while the remaining 42.80% is influenced by other factors outside the model.

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