THE ANALYSIS OF WORK MOTIVATION FACTORS AMONG EMPLOYEES OF COMMERCIAL BANK IN SURAT THANI PROVINCE
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Abstract
The purpose of this research was to analyze the second confirmatory factor of motivation among bank employees in Surat Thani province. The sample group used in the research was 512 employees of Siam Commercial Bank of Thailand working in branches of Surat Thani province. The sample group was selected by using stratified random sampling according to the proportion of bank groups with 11 banks. The research instrument was a questionnaire. Data were analyzed using second order confirmatory element analysis.
The results showed that:
Motivational Factors (MOTIV) and Hygiene Factors (HYGIN) had the factor loading of 0.37 and 0.36 respectively. The factor loading of the motivation factors was arranged in descending order of their value as follows: 1) the job characteristics 2) responsibility 3) job progress 4) job success and 5) recognition. The first had the loading factor equal to 2 variables with the value of 0.79 followed by 0.76 0.72 and 0.69, respectively. For the Hygiene factors, the factor loading was arranged in descending order of their value as follows: 1) policy and administration 2) personal life condition 3) work environment 4) compensation and 5) relationship with colleagues. The values of factor loading were 0.78, 0.74, 0.72, 0.71 and 0.63, respectively. The congruence of the data and the empirical data were found to be consistent by testing the Chi-square = 53.144, df = 30,
p-value = 0.006 with statistical significance. Considering the Goodness-of-Fit Index (GFI) = 0.979, Adjusted Goodness of Fit Index (AGFI) = 0.961, and Standard Root Mean Square Residual (RMSEA) = 0.039, it indicates that the model is consistent with the empirical data.
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References
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