INCREASING EMPLOYEE PERFORMANCE THROUGH DIGITAL CULTURE, COMPENSATION, CAREER DEVELOPMENT, AND EMPLOYEE RESILIENCE IN PT. JANJI MULYA EXECUTIVE LEARNING
PT. Janji Mulya Executive Learning (PT. Janji Mulya) was a business unit within Janji Mulya Business School foundation and became an independent business entity as a limited liability company (Perseroan Terbatas) in January 2020. When Covid-19 happened, the company’s revenue dropped to only 30% i...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/71684 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | PT. Janji Mulya Executive Learning (PT. Janji Mulya) was a business unit within
Janji Mulya Business School foundation and became an independent business
entity as a limited liability company (Perseroan Terbatas) in January 2020. When
Covid-19 happened, the company’s revenue dropped to only 30% in the first year
(2020) after the spin-off. In the next year (2021) the revenue increased almost one
hundred percent despite the fact that it was still forty percent below the 2019
performance. The company expect that the trend will keep going up to the 2022
fiscal year, however the fact says the contrary: the revenue in 2022 was slightly
going down. Besides, the majority of individual performance decreased by 45.9%
of employees. These problems in the post-pandemic condition that is differed
from expectation, has raised concern of PT. Janji Mulya management. Further
information were obtained that several factors could be the cause of low employee
performance, namely digital culture, compensation, career development, and
employee resilience. Based on these problems, this research was conducted to
know and analyze the relationship of digital culture, compensation, career
development, and employee resilience, with employee performance, as well as to
propose solution regarding the four factors that could increase employee
performance.
To that end, this study was conducted with two objectives, namely descriptive and
verification purpose. To analyse the hypotheses, this study employs multiple
regression. Data collection was done by census to the population of PT. Janji
Mulya employees (N=60). Questionnaire was distributed at one-shot time horizon
method and cross-sectional data.
The findings revealed that there is a significant simultaneous influence of the four
independent variables on employee performance. The test of partial effect showed
that each variable of digital culture, compensation, career development, and
employee resilience, have a positive and significant relationship with employee
performance.
Based on the results of the analysis that combines the results of hypothesis testing
and the results of interviews with research informants, the business solutions for
developing employee performance at PT. Janji Mulya are arranged in the form of
priorities based on the correlation values of the four variables on employee
performance. Besides there are several insights that might influence employee
performance, namely: a clear business strategy that is communicated effectively
from the top management to the lowest level in the organization, Availability of
resources that affect the performance of a department, and Strategic Foresight
Analysis training to equip employees to be skilled at analyzing conditions,
predicting changes that may occur, managing response preparation and
implementation plan, so that employees become more resilient. |
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