The Effect of Compesations on Job Satisfaction among Employees of Media Industry in Tanzania Lessons from Sahara Media Group
- April 16, 2022
- Posted by: RSIS
- Categories: IJRISS, Management, Social Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume VI, Issue III, March 2022 | ISSN 2454–6186
Joan John Lyimo1 and Elias Adolf Tarimo2
1MBA Student, Institute of Accountancy Arusha- Tanzania
2Lecturer, Department of Business Management, Institute of Accountancy Arusha- Tanzania
Abstract: It is not well known as to what extent compensation and social benefits effects on employee job satisfaction in the media industry in Tanzania. This paper examines the effect of compensations and social benefits on job satisfaction among employees of Sahara media Group in Tanzania. This study employed simple random sampling and purposive sampling technique. The sample of the study was 80 while the data were collected through questionnaire, interview and documentary review. Moreover, the data was analyzed through descriptive analysis, frequency and percentage analysis and inferential statistics analysis. The study found that there is a strong relationship between the influence of basic pay, job allowances and job satisfaction. The study recommended that Sahara Media Group should modify and keep providing compensation and social benefits to its employees so as to ensure job satisfaction among them.
Keywords: Compensations, Social benefits, Satisfaction, Sahara Media Group
I. INTRODUCTION
Compensation and social benefits are very important to job satisfaction among employees in any organization. Compensation and benefits have been not paid a great attention as a contributing factor to job satisfaction in many organizations ((Trevor, 2018). Employee compensation is one of the very useful and important human resources management practices nowadays and it includes all forms of pay and rewards received by employees for the performance of their jobs (Snell & Bohlander, 2018). Direct compensation includes wages and salaries, incentive-payments, bonuses and commissions to employees.
There is a positive relationship between extrinsic and intrinsic rewards and employees’ job satisfaction as observed by Aktar, Sachu, & Ali, (2012) and Muguongo, Muguna, &Muriithi (2015).Existence of the total compensation strategy, strategic map, and salary structure and job analysis methods Liza (2014) motivates employees to commit their future to an organization.
