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http://dx.doi.org/10.5804/LHIJ.2022.13.2.125

A Study on Employee Reward in Construction Companies Using Activity-Based Costing  

Cho, Jin-Ho (경북대학교 지능형건설자동화연구센터)
Kim, Byung-Soo (경북대학교 토목공학과)
Publication Information
Land and Housing Review / v.13, no.2, 2022 , pp. 125-139 More about this Journal
Abstract
For construction companies to become competitive innovative, cost management as well as process improvement are required. Activity-based costing (ABC), which uses cost information to support long-term decision-making, is a tool that enhances a company's competitiveness. In this study, we compare and analyze tradition-based costing (TBC) and ABC to confirm the adequacy of performance-based costing. In addition, we will empirically examine the relationship between the impact of the reward system using ABC on employee satisfaction and involvement. In research results, the influence of the reward system on employee involvement appeared in the order of intrinsic reward (𝛽 = 0.338) and extrinsic reward (𝛽 = 0.308). In addition, the reward system showed positive (+) effects on employee satisfaction, with influence appearing in the order of intrinsic reward (𝛽 = 0.360) and extrinsic reward (𝛽 = 0.337). And employee satisfaction (𝛽 = 0.225) had a positive effect on involvement. We were able to confirm that it is necessary to build a reward system consisting of intrinsic and extrinsic rewards to increase employee satisfaction and involvement.
Keywords
Activity-based Costing; Reward System; Employee Satisfaction; Employee Involvement;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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