The Influence of Financial Literacy, Salary, and Work Environment on Employee Job Satisfaction with Work Motivation as a Moderating Variable

Authors

  • Royanti Sinaga Department of Digital Business, Universitas Satya Terra Bhinneka, Indonesia Author
  • Nahar Maganda Saragih Department of Enterphenurship, Universitas Satya Terra Bhinneka, Indonesia Author
  • Zulfa Hazimah Department of Digital Business, Universitas Satya Terra Bhinneka, Indonesia Author
  • Mahlian Elyana Department of Enterphenurship, Universitas Satya Terra Bhinneka, Indonesia Author

Keywords:

Financial Literacy, Salary, Work Environment, Job Satisfaction, Work Motivation

Abstract

This study aims to analyze the effect of financial literacy, salary, and work environment on employee job satisfaction with work motivation as a moderating variable. The study was conducted at the Regional Development Planning Agency (Bappeda) of Deli Serdang Regency with a quantitative approach and census method on 89 respondents. Data processing used SmartPLS to test the structural model. The results showed that financial literacy had a positive and significant effect on work motivation, but did not have a significant effect on job satisfaction. Salary had a significant positive effect on job satisfaction, but was not significant on work motivation. The work environment had a significant negative effect on job satisfaction, but was not significant on work motivation. Meanwhile, work motivation did not show a significant effect on job satisfaction. These findings indicate that increasing financial literacy and perceptions of fair salary can increase employee motivation and job satisfaction, while poor work environment conditions can decrease job satisfaction.

References

Abbas, A., Khan, R., Ishaq, F., & Mehmood, K. (2020). The Role of Organizational Culture in Job Satisfaction and Turnover: A Study of Pakistani Employees. Business Ethics and Leadership, 4(1), 106–112. https://doi.org/10.21272/bel.4(1).106-112.2020

Ahmad, M., Khan, A., & Arshad, M. (2021). Major theories of Job Satisfaction and their use in the field of Librarianship. Library Philosophy and Practice, 2021, 1–17. https://doi.org/https://digitalcommons.unl.edu/libphilprac/6385

Chapagain, B. R. (2021). Job Satisfaction Among Academicians in Nepal: The Influence of Institutional Sector and Demographic Factors. Quantitative Economics and Management Studies, 2(2), 94–104. https://doi.org/10.35877/454ri.qems267

Contreras, R. C. C., Olapane, E., Cataluňa, M. P., & Buenviaje, L. C. (2021). Financial Management Capabilities Among Personnel in a State University in The Philippines. Journal of Economics, Finance and Accounting Studies, 3(2), 158–168. https://doi.org/10.32996/jefas.2021.3.2.16

Di Domenico, S. I., Ryan, R. M., Bradshaw, E. L., & Duineveld, J. J. (2022). Motivations for personal financial management: A Self-Determination Theory perspective. Frontiers in Psychology, 13, 1–16. https://doi.org/10.3389/fpsyg.2022.977818

Erro-Garcés, A., & Ferreira, S. (2019). Do better workplace environmental conditions improve job satisfaction? Journal of Cleaner Production, 219, 936–948. https://doi.org/10.1016/j.jclepro.2019.02.138

Fa’iq, O. A. Y., Tahir, M., & Harahap, J. B. (2022). Pengaruh Motivasi Kerja Dan Pengembangan Karir Terhadap Kepuasan Kerja Pegawai Di Kantor Bupati Deli Serdang. JRMB (Jurnal Riset Manajemen & Bisnis), 7(1), 92–101. https://doi.org/10.30743/jrmb.v7i1.5321

Farida, M. N., Soesatyo, Y., & Aji, T. S. (2021). Influence of Financial Literacy and Use of Financial Technology on Financial Satisfaction through Financial Behavior. International Journal of Education and Literacy Studies, 9(1), 86. https://doi.org/10.7575/aiac.ijels.v.9n.1p.86

Francisco, E. M., Hermosa, J. P., & Ofrin, D. D. (2022). Is Self-Motivation linked to Job-related Factors? A Case Study of Teaching and Non-teaching Personnel. International Journal of Academe and Industry Research, 3(4), 213–230. https://doi.org/10.53378/352956

Lee, B., Lee, C., Choi, I., & Kim, J. (2022). Analyzing Determinants of Job Satisfaction Based on Two-Factor Theory. Sustainability (Switzerland), 14(19), 1–19. https://doi.org/10.3390/su141912557

Lopia Simatupang, R. K., & Moeljono, M. (2023). Pengaruh Kepuasan Kerja, Lingkungan Kerja dan Kompensasi Terhadap Kinerja Karyawan dengan Motivasi Sebagai Variabel Moderating. IJMA (Indonesian Journal of Management and Accounting), 4(2), 152. https://doi.org/10.21927/ijma.2023.4(2).152-161

Lopus, J. S., Amidjono, D. S., & Grimes, P. W. (2019). Improving financial literacy of the poor and vulnerable in Indonesia: An empirical analysis. International Review of Economics Education, 32(May), 100168. https://doi.org/10.1016/j.iree.2019.100168

Lusardi, A., & Mitchell, O. S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of Economic Literature, 52(1), 5–44. https://doi.org/10.1257/jel.52.1.5

Novita Sari., Achmad Hizazi., W. (2021). Effect of Good Corporate Governance and Leverage on Profitability-Mediated Tax Avoidance (Study on Mining Companies listed on the Indonesia Stock Exchange 2016 – 2019). International Journal of Academic Research in Accounting Finance and Management Sciences, 11(2), 202–221. https://doi.org/10.6007/IJARAFMS

Nugraha, D. F., Pratama, I. M., & Kustiawan, M. (2020). Financial Satisfaction Increase: Effect of Income and Financial Literacy Factors (Study of MSMEs). 400(Icream 2019), 320–322. https://doi.org/10.2991/assehr.k.200130.193

Nurtika, H., & Sariyathi, N. K. (2018). Pengaruh Kompensasi Finansial Dan Kepuasan Kerja Terhadap Komitmen Organisasi Pada Pt. Asuransi Sinarmas Cabang Denpasar. E-Jurnal Manajemen Universitas Udayana, 7(5), 2764. https://doi.org/10.24843/ejmunud.2018.v07.i05.p18

Nurul Asma, Haedar, S. R. D. (2023). Pengaruh Semangat Kerja dan Disiplin Kerja terhadap Kinerja Karyawan Inregional Water Drinking Company (PDAM) Luwu District. Jurnal Ilmiah, Manajemen Sumber Daya Manusia, 6(3), 607–616.

Omoghie, E. S., Banjo, A. A., Adeleye, A. S., Aliboh, U. F., & Simpson, V. B. (2021). Assessment of Occupational Satisfaction on Performance among Employees of a Forest Resources Management Institution in Nigeria. Journal of Applied Sciences and Environmental Management, 25(2), 209–212. https://doi.org/10.4314/jasem.v25i2.11

Rochmah, A. N., & Suhartono, S. (2023). Pengaruh Lingkungan Kerja, Kompensasi, Disiplin Kerja Dan Kompetensi Kerja Terhadap Kinerja Karyawan Melalui Motivasi Kerja Sebagai Variabel Mediasi. Jurnal Riset Akuntansi Dan Bisnis Indonesia, 3(4), 1498–1527. https://doi.org/10.32477/jrabi.v3i4.864

Santoso, A., & Dewi, I. G. . M. (2019). Pengaruh Efikasi Diri, Motivasi Kerja, Lingkungan Kerja Terhadap Kepuasan Kerja Karyawan Pt. Sukanda Djaya Denpasar. E-Jurnal Manajemen Universitas Udayana, 8(11), 6488. https://doi.org/10.24843/ejmunud.2019.v08.i11.p06

Suryani, N. K. (2022). Kepuasan Kerja: Pengaruhnya Dalam Organisasi. Jurnal Imagine, 2(2), 71–77. https://doi.org/10.35886/imagine.v2i2.491

Downloads

Published

2025-04-30

Issue

Section

Articles

Deprecated: json_decode(): Passing null to parameter #1 ($json) of type string is deprecated in /home/u1527432/public_html/win/plugins/generic/citations/CitationsPlugin.php on line 68

How to Cite

The Influence of Financial Literacy, Salary, and Work Environment on Employee Job Satisfaction with Work Motivation as a Moderating Variable. (2025). Jurnal Transformasi Digital Dalam Ekonomi, Bisnis, Dan Manajemen, 1(2), 40-46. https://win.joninstitute.org/index.php/BIM/article/view/29