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A comparative study to determine the impact of fringe benefits on job satisfaction and engagement / A. Steyn

The study addresses the impact that fringe benefits have on the levels of job
satisfaction and engagement of the employees of Orica Mining Services. Orica is a
global explosives company that serves the mining and construction industries all
over the world. The remuneration of employees differs from country to country within
the organization and this can lead to confrontations when employees compare
remuneration packages amongst one another. To determine the appropriate
compensation for the value of the work becomes even more difficult when dealing
with a global organization. This matter becomes even more complicated when an
organisation's boundaries stretch across country borders. The study aims to
compare job satisfaction and engagement of Orica employees working in South
Africa to those working in Ghana.
A survey research design was used with a specifically developed questionnaire as
the data gathering instrument. The participants represent the total of all employees
of Orica, a global mining services company. Management supported the study and
made participation compulsory. A total of 57 employees completed the
questionnaires. Employees from different areas, gender, age, academic levels and
income groups participated. The majority of the respondents were in the age group
36 - 40 (28.1%). Educational levels revealed that the majority (68.4%) of participants
have a Grade 12 and/or higher qualification.
Because all the questionnaires represented the population and not just a sample,
only a test to determine practical correlation was performed. For the purpose of the
correlation test, the Nonparametric Spearman's correlation coefficient (r) was used. The statistical analysis indicated a highly important correlation between Job
Satisfaction and Engagement. Thus a high level of job satisfaction will imply a high
level of engagement and vice versa. It has also indicated that Job Satisfaction and
Fringe Benefits shows a low practically significant correlation. The test for correlation
between Job Satisfaction and Remuneration indicated that the level of job
satisfaction an employee experiences in the organisation is influenced by his
remuneration package. The test for correlation between Engagement and Fringe
Benefits shows a low practically significant correlation. The test for correlation
between Engagement and Remuneration shows a low practically significant
correlation.
The limitations of the study were the limited number of employees in Orica South
Africa and Orica Ghana for participation in this comparative study. The structure of
remuneration packages is treated as confidential and therefore employees might be
hesitant to answer questions regarding fringe benefits and remuneration. The study
was conducted within Orica and therefore its outcome can only be released with the
permission of Orica South Africa and Orica Ghana. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2011.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nwu/oai:dspace.nwu.ac.za:10394/4382
Date January 2010
CreatorsSteyn, Allen
PublisherNorth-West University
Source SetsSouth African National ETD Portal
Detected LanguageEnglish
TypeThesis

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