WELFARE AND COMPENSATION OF MANUFACTURING EMPLOYEES IN PATHUMTHANI PROVINCE

Abstract

The purpose of this research were to study 1) The levels of significance of welfare, compensation, and work efficiency. 2) The relationship between welfare and work efficiency. 3) The relationship between compensation and work efficiency. 4) The relationship between welfare and compensation. 5) Welfare and compensation effect on work efficiency of industrial factory employees in Pathumthani province. The population are factory employees. 30 factories were selected by purposive sampling with 358 samples calculated from unknown population, with 13 samples from each factory. The tools used were questionnaires as a quantitative research. The statistics used were frequency, percentage, mean, standard deviation, Pearson correlation coefficient, and multiple linear regression analysis.

          The study had found that:

          1) The levels of significance of welfare, compensation, and work efficiency in all aspects were high.

          2) Welfare had a high positive effect on work efficiency of manufacturing employees in Pathumthani province (r = .742, Sig < .01).

          3) Compensation had a high positive effect on work efficiency of manufacturing employees in Pathumthani province (r = .728, Sig < .01).

           4) Welfare had a high positive effect on compensation of manufacturing employees in Pathumthani province (r = .732, Sig < .01). 5) Welfare and compensation had high positive effect on work efficiency of manufacturing employees in Pathumthani province.

          5) Multiple correlation coefficient of welfare (β = .450, Sig < .01) and compensation (β = 0.398, Sig < .01) had positively affected work efficiency of industrial factory employees in Pathumthani province.