Pengaruh Insentif Keuangan Dan Penetapan Tujuan Terhadap Kinerja Individu: Uji Eksperimen Mahasiswa Kewirausahaan

Dian Wijayanti, Uki Yonda Asepta, Rino Tam Cahyadi

Abstract


A common mechanism for linking performance and compensation is the presence of financial incentives. This study aims to examine the effect of incentive schemes and participation in goal setting on performance. This study intends to test whether goal-setting theory can explain the effect of incentive schemes and individual participation in setting goals on performance achieved within a certain period. The incentive schemes tested in the study are piece-rate, quotas in relation to performance and targeting. The incentive schemes tested in the research are piece-rate and quotas in relation to performance and targeting. Field experiment procedures with a 2x2 design were carried out to test the causal relationship between these variables. Experiments were carried out on 141 students with experimental tasks related to entrepreneurship courses. Data analysis and hypothesis testing were performed using Two Way Anova repeated measurement and contrast test. The results of the analysis show that the performance of the quota incentive scheme where the incentives are given based on the set targets is less than the piece-rate incentive scheme. The budget-based incentive scheme, in this case the quota incentive scheme, is not expected to provide an increase in effort. The increase in effort does not result in better performance.

Keywords


performance; goal setting; quota incentive scheme; piece-rate incentive scheme

References


Bonner, S. E. & Sprinkle, G. B., 2002. The Effect of Monetary Incentives on Effort and Task Performance: Theories, Evidence, and a Framework for Research. Accounting, Organization and Society, pp. 303-345.

Brown, J. L. & Sukari Farrington, G. B. S., 2016. Biased Self-Assessments, Feedback, and Emplotees' Compensation Plan Choices. Accounting, Organization and Society, pp. 1-15.

Budiarti, L., 2011. Pengaruh Skema Insentif dan Umpan Balik pada Kinerja Pengujian Teori Turnamen. Disertasi, p. Universitas Gadjah Mada Yogyakarta.

Chong, V. K. & Chong, K. M., 2002. Budget Goal Commitment and Information Effect of Budget Participation on Performance: A Structural Equation Modelling Approach. Behavioral Research in Accounting, Volume 14.

Chong, V. & Leung, S. T.-w., 2018. The Effect of feedback, Assigned Goal Level and Compensation Schemes on Task Performance. Asian Review Accounting.

Fessler, N. J., 2003. Experimental Evidence on the Links among Monetary Incentives, Tasl Attractiveness, and Task Performance. Journal of Management Accounting Research, Volume 15, pp. 161-176.

Hartmann, F. & Slapnicar, S., 2012. The Perceived Fairness of Performance Evaluation: The Role of Uncertainty. Management Accounting Research, pp. 17-33.

Kusufi, M. S., 2012. Hubungan Insentif Keuangan Terhadap Daya Tarik Tugas, Usaha dan Kinerja: Studi Eksperimen, Yogyakarta: Program MSi dan Doktor FEB UGM.

Libby, T., 1999. The Influence of Voice and Explanation on Performance in a Participative Budgeting Setting. Accounting, Organization and Society, Volume 24, pp. 125-137.

Lindquist, T. M., 1995. Fairness as an Antecedent to Participative Budgeting: Examining the Effect of Distributive Justice, Procedural Justice, and Referent Cognitions on Satisfaction and Performance. Journal of Management Accounting Research, Volume 7, pp. 122-147.

Nahartyo, E., 2012. Desain dan Implementasi Riset Eksperimen. 1st ed. Yogyakarta: UPP STIM YKPN.

Sholihin, M. & Pike, R., 2009. Fairness in Performance Evaluation and its Behavioral Consequences. Accounting and Business Research, pp. 397-413.

Wentzel, K., 2002. The Influence of Fairness Perception and Goal Commitment on Managers' Performance in a Budget Setting. Behavioral Research in Accounting, Volume 14, pp. 247-271.




DOI: https://doi.org/10.35591/wahana.v24i2.344

Wahana: Jurnal Ekonomi, Manajemen dan Akuntansi
ISSN : 2685-1415 (Online) | 1410-8224 (Print)
Published by Pusat Penelitian dan Pengabdian Masyarakat Akademi Akuntansi YKPN Yogyakarta.
Jl. Gagak Rimang No. 2-4 Balapan, Kotak Pos 6417 YKGK 
Phone (0274) 560159, 562317, 513413, 563516 Fax. (0274) 561591 
Yogyakarta 55222

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.