We apologize for a recent technical issue with our email system, which temporarily affected account activations. Accounts have now been activated. Authors may proceed with paper submissions. PhDFocusTM
CFP last date
20 December 2024
Reseach Article

A Study of Relationship between Compensation and Organizational Commitment in Pharmaceutical Sector

Published on July 2018 by Chanchal Wadhawan, Mridula Mishra, Kanika Garg
International Conference on Advances in Emerging Technology
Foundation of Computer Science USA
ICAET2017 - Number 1
July 2018
Authors: Chanchal Wadhawan, Mridula Mishra, Kanika Garg
fe9d2095-0b75-4eae-902b-703e6b98fc5e

Chanchal Wadhawan, Mridula Mishra, Kanika Garg . A Study of Relationship between Compensation and Organizational Commitment in Pharmaceutical Sector. International Conference on Advances in Emerging Technology. ICAET2017, 1 (July 2018), 7-12.

@article{
author = { Chanchal Wadhawan, Mridula Mishra, Kanika Garg },
title = { A Study of Relationship between Compensation and Organizational Commitment in Pharmaceutical Sector },
journal = { International Conference on Advances in Emerging Technology },
issue_date = { July 2018 },
volume = { ICAET2017 },
number = { 1 },
month = { July },
year = { 2018 },
issn = 0975-8887,
pages = { 7-12 },
numpages = 6,
url = { /proceedings/icaet2017/number1/29636-7003/ },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Proceeding Article
%1 International Conference on Advances in Emerging Technology
%A Chanchal Wadhawan
%A Mridula Mishra
%A Kanika Garg
%T A Study of Relationship between Compensation and Organizational Commitment in Pharmaceutical Sector
%J International Conference on Advances in Emerging Technology
%@ 0975-8887
%V ICAET2017
%N 1
%P 7-12
%D 2018
%I International Journal of Computer Applications
Abstract

Pharmaceutical sector in India is rapidly growing sector and employees are the assets for the organization. Compensation is the motivational factor for employee stability and attachment with the organization. Organizational Commitment brings sense of belonging and identification with the Organization that increases their desire to achieve the organization's goals and activities, and their willingness to remain a part of the organization. The purpose of this study is to see the relationship between Compensation and Organizational Commitment (Affective, Normative and Continuous) in Sales Personnel of Pharmaceutical Sector. To achieve the objective the data was collected from 200 medical representatives registered in Punjab Medical Representatives Association (PMRA), Ludhiana. The study finds that there is a positive relation between Compensation and Affective, Continuance and Normative Commitment. The study also reveals the highest degree of association between Compensation and Affective Commitment.

References
  1. Allen, Meyer, (1996). "Affective, Continuance, and Normative Commitment to the Organization: An Examination of Construct Validity", Journal of Vocational Behavior, Vol: 49, pp. 252-276.
  2. Atif Anis1, K. -u. -R. I. -U. -R. (2011). Impact of organizational commitment on job satisfaction and employee retention in pharmaceutical industry. African Journal of Business Management , Vol. 5(17), pp. 7316-7324.
  3. Boerhaneoddin, I. I. (2012). IS Job Satisfaction Mediating the Relationship Between Compensation Structure and Organizational Commitment: A Study in the Malaysian Power Utility. Journal of Global Business and Economics , Vol. 1, No. 1,pp. 43-61.
  4. Chawla, R. R. (2012). Key Factors of Retention and Retention Strategies in Telecome Sector. Sona Global Management Review , Vol. 6, No. 3,pp. 35-46.
  5. Cooke, E. F. (1999). Control and Motivation in Sales Management through Compensation Plan. Journal of Marketing Theory and Practices , pp. 80-83.
  6. Nawab, K. K. (2011). Influence of Employee Compensation on Organizational Commitment and Job Satisfaction: A Case Study of Educational Sector of Pakistan. International Journal of Business and Social Science , Vol. 2 No. 8,pp. 25-32.
  7. Gupta, R. (2011). Salary and Safisiaction: Private-Public Sectors in J&K. SCMS Journal of Indian Management , A Quarterly journal pp. 71-77.
  8. Lindenberg, P. M. (2003). Efficiency Wages: Signals or Incentives? An Empirical Study of the Relationship between Wage and Commitment. Journal of Management and Governance , vol. 7,pp. 385-400.
  9. Loncar, P. S. (2010). Pay Satisfaction, Job Satisfaction and Turnover Intent. relations industrielles / industrial relations , Vol. 65, No. 3 pp. 470-490.
  10. Margaret L. Williams, H. H. (2008). A comprehensive model and measure of compensation satisfaction. Journal of Occupational and Organizational Psychology , vol. 81,pp. 639–668.
  11. Meyer, N. J. (1990). The measurement and antecedents of affective, continuance and normative commitment to the organization. Journal of Occupational Psychology , Vol. 63, pp. 1-18.
  12. Raja, H. R. ( 2011). Mediating effect of Corporate Cultureon the Relationsfhip of Retention factors to Organizational Commitment. Interdisciplinary Journal of Contrmporary Research in Business , Vol. 3, No. 8,pp. 211-225.
  13. Schwab, H. G. (1985). Pay Satisfaction- Its Multidimensional Nature and Measurement. International Journal of Psychology , Vol. 20, pp. 129-141.
  14. Talat Islam, Z. A. (2012). Does Compensation and Demographical Variable Influence on Teachers Commitment and Job Satisfaction? A Study of University of the Punjab, Pakistan. International Journal of Business and Management , Vol. 7, No. 4, pp. 35-43.
  15. Tremblay, C. V. (2008). The Role of Pay Satisfaction and Organizational Commitment in Turnover Intentions: A Two- Sample Study. Journal of Business and Psychology , Vol. 22, No. 3,pp. 275-286.
  16. Watson, J. M. (2002). Retaining staff Employee: The Relationship between Human Resource Management Strategies and Organizational Commitment. Innovative Higher Education , Vol. 26, No. 3, pp. 175-193.
  17. http://www. deloitte. com/assets/DcomIndia/Local%20Assets/Documents/Thoughtware/Compensation_Trends_Survey_2012. pdf
  18. http://www. sgpharma. com/mnc/companies. htm
  19. http://www. cci. in/pdfs/surveys-reports/Pharmaceutical-Industry-in-India. pdf
Index Terms

Computer Science
Information Sciences

Keywords

Compensation Organizational Commitment Pharmaceutical Sector