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Attitude of Middle Management Executives of Resorts World Bhd Towards Their Compensation System

Abstract

The general objective of the study is to examine the attitude of the middle management executives towards their compensation system based on Hay's Point System. While the specific objectives of the study are to investigate: (1) the perceived fairness of compensation system based on Hay's Point System, (2) the level of motivation and retention achieved by the compensation system based on Hay's Point System, (3) the degree of awareness of the compensation policy based on Hay's Point System, (4) the most desired changes of the compensation system based on Hafs Point System and, (5) the relationship of the respondents' social-demography with their attitudes toward compensation system based on Hay's Point System. The study was conducted at amongst 143 randomly selected middle management executives from various departments of the Resorts World Bhd of Genting Highlands Resort. A modified Michigan Organizational Assessment Questionnaire was used to measure the attitude of these middle management executives toward the compensation system based on Hay's Point System. Statistical procedures such as frequencies, cross tabulation with chi-square, t-test, ANOVA and Pearson Product Moment Correlation were used to analyze the data

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