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Measuring Total Rewards Satisfaction.docx (238.91 kB)

Measuring Total Rewards Satisfaction: A Scale Development Study

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posted on 12.07.2021, 18:19 by Jeeta Sarkar

Total Rewards Strategy has been used as a viable strategy to motivate and retain employees across sectors. It has also been widely studied by the scholars and researchers across the globe leading to a number of scales measuring total rewards measuring preferences, and perceptions, ignoring its satisfaction aspect. However, the existing scales have been found to display construct related weaknesses in terms of under-representation of total rewards as a multidimensional construct and measuring it as a reflective higher-order construct. Analyzing findings of literature review and factor analyses, the authors confirm total rewards as a second-order formative construct. The purpose of this study is to develop a valid and reliable measure of total rewards satisfaction (TRS) as a formative higher order construct. Different phases of quantitative validations were carried out with a new data set for each of the studies viz. content validity (n = 13 experts), exploratory factor analysis (n = 180) for determining factorial structure of the scale, first-order confirmatory composite analysis (n = 215) and second-order confirmatory analysis (n= 120) confirm a six-dimensional structure of 23-item TRS scale. The psychometric properties of the scale have also been reported. The scale demonstrates internal consistence, reliability and construct validity.


History

Declaration of conflicts of interest

No conflict

Corresponding author email

jeeta@stu.ximb.ac.in

Lead author country

India

Lead author job role

PhD Student

Lead author institution

XIM University

Human Participants

No

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