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http://dx.doi.org/10.13106/jafeb.2021.vol8.no5.1091

The Impact of Employee Engagement on Employee Performance: A Case Study of Multinational Corporations in Thailand  

SUNGMALA, Ngaochai (Philosophy Programme in International Business (International Program), Silpakorn University)
VERAWAT, Amara (Development and Quality Assurance, Silpakorn University International College (SUIC))
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.5, 2021 , pp. 1091-1097 More about this Journal
Abstract
The purpose of this research was to investigate the relationship between employee engagement and individual performance outcomes (including growth, achievement, contribution, and customer satisfaction) in large firms in Thailand, which is rapidly growing as an international business hub. The study took place in Thai offices of multinational corporations, whose performance is both very important for Thailand's overall economy and for the firm's continued presence in Thailand. The study was conducted using a survey methodology. A convenience sample of employees of multinational corporations (n = 423) completed a survey on employee engagement and individual performance outcomes. The data were analyzed using linear regression analysis. The results showed that there was a significant, positive relationship between employee engagement and all four performance outcomes that were targeted. The strongest effect was observed for achievement (β = 0.899), followed by growth (β = 0.887), contribution (β = 0.872), and customer satisfaction (β = .867). These findings indicate that employee engagement is a significant and strong factor that determines the individual performance of employees of multinational corporations. This implies that companies do need to consider how to promote employee engagement. There were some limitations, especially social response bias and the self-reported nature of performance, that limit these findings.
Keywords
Employee Engagement; Employee Performance; Multinational Corporations;
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