Compensation
and benefit was the important thing why the employee gives the organizational
commitment. This compensation and benefit makes employee love to work at their
company. It showed that the companies are taking care of their employee
welfare. Welfare was the basic needs for human. According to Maslow Needs
Theory, physiology is the main need for every human. The physiology need such
as money, bonus, health and so on. Benefit in this chapter such as cash and non
cash rewards. It includes health insurance, paid time off, pension, wellness
program and so on. Meanwhile, compensation in this topic such as wages, salary,
commission and so on. Using this compensation and benefit can attract more
employees to work under any company. This also can increase the employee job
satisfaction, productivity and many more. Besides that, compensation and
benefit also can produce the good or quality employee. The quality employee can
produce by giving the appropriate compensation and benefit. Then it will
encourage to the employee to stay longer into the company and do not think to
change their job to another company. For me, this compensation and benefit must
been given to all employee even though the company not in good economically.
This is because the employee work for money and their benefit, so the
organization need to do or give something to make sure their employee can give
full commitment while working. This is related to humanity. If the organization
did not give any benefit and compensation to their employee, the company was
not good in taking care of their employee welfare.
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