Compensation package and job output: Perspectives of bank workers

Labour unrest in the form of strike actions in both public and private corporate organizations underscore the importance employees attach to the issue of compensation. As a result, the human resource functions of many corporate organizations are challenged to develop and implement effective compensation schemes which will lead to the achievement of organizational goals. This study sought to examine the relationship between compensation packages and job output in the banking industry in Ghana from Bank workers' perspectives. Using a case study approach, a descriptive survey was carried out to collect data from bank workers. Data was analysed in terms of descriptive statistics. Pearson chi-square was used to test the significance of the relationship between employee compensation and job output. The results indicated a significant relationship between compensation and job output.