The Effect of Compensation and Job Satisfaction on Contract Employees' Turnover Intention at Cv. Tunas Surya Gemilang

Abstract

This study aims to analyze the effect of compensation and job satisfaction on turnover intention of contract employees at CV. Tunas Surya Gemilang. This study uses a quantitative approach with data collection techniques through a questionnaire on a five-point Likert scale that measures four indicators of compensation, job satisfaction, and turnover intention. The population in this study were all contract employees of CV. Tunas Surya Gemilang, totaling 232 people. Sampling was determined using the Slovin formula with a 12% error rate, resulting in a sample of 54 respondents. Data analysis techniques used include validity tests, reliability tests, classical assumption tests (normality tests, multicollinearity tests, and heteroscedasticity tests), T tests, F tests, and coefficients of determination (R²). All data processing was carried out using SPSS (Statistical Package for the Social Sciences) software. The results of this study are expected to provide an overview of the extent of the influence of compensation and job satisfaction on employee turnover intention, as well as serve as evaluation material for CV. Tunas Surya Gemilang management in designing appropriate policies to reduce the turnover rate of contract employees.