Author(s):
Le Thi Khanh Ly, Ho Tan Tuyen
Email(s):
letkhanhly@dtu.edu.vn , hotantuyen@gmail.com
DOI:
10.52711/2321-5763.2024.00047 
Address:
Le Thi Khanh Ly1*, Ho Tan Tuyen2
1Lecturer
International School, Duy Tan University, Da Nang 550000, Vietnam, Institute of Research and Development, Duy Tan University, Da Nang 550000, Vietnam.
2Lecturer, Faculty of Business Administration, Duy Tan University, Da Nang 550000, Vietnam, Institute of Research and Development, Duy Tan University, Da Nang 550000, Vietnam.
*Corresponding Author
Published In:
Volume - 15,
Issue - 4,
Year - 2024
ABSTRACT:
This study identifies the factors affecting the employee’s performance and retention among employees of different banks in Danang City by applying the SEM linear structure model. The findings of this study revealed that three out of four variables statistically influenced the employee’s performance at a workplace, name all the three Salary, Allowances and Bonus while Incentives had no significant impact on employee’s performance at the workplace. Moreover, this study also examined the relationship between employee’s performance and retention at a workplace and the results of this study supported the significant direct relationship between these two variables. This study provides useful information to the managers in understanding factors affecting employee’s performance and retention. From that can help managers in making appropriate policies, strategies and solutions to increase employee’s performance and retention.
Cite this article:
Le Thi Khanh Ly, Ho Tan Tuyen. Impact of Compensation Package on Employee’s Performance and Rentention among Bankers in Da Nang City. Asian Journal of Management. 2024;15(4):301-7. doi: 10.52711/2321-5763.2024.00047
Cite(Electronic):
Le Thi Khanh Ly, Ho Tan Tuyen. Impact of Compensation Package on Employee’s Performance and Rentention among Bankers in Da Nang City. Asian Journal of Management. 2024;15(4):301-7. doi: 10.52711/2321-5763.2024.00047 Available on: https://ajmjournal.com/AbstractView.aspx?PID=2024-15-4-1
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