This study aims to investigate the determinants of human capital development in oil and gas industry in Malaysia. The data for this research was collected using simple random sampling. Questionnaire was sent by email to executive level employees, the instruments used in this study were job satisfaction, motivation and loyalty. The findings indicate that 70.3% of employees found their current salary offered by their respective firm is attractive. From a descriptive result of job satisfaction, the range of mean is between 2.4 to 3.9. It showed that they were quite satisfied with their job. The mean score showed by employee loyalty measurement is between 2.4 to 3.2, which indicate they are not really keen to stay in the company. The Pearson Correlation indicates positive relationship between compensation with job satisfaction, motivation and loyalty. Result of linear regression analysis for each variable indicates that compensation has a direct significant relationship with job satisfaction, motivation and loyalty. Employee compensation is one of the most important segments in Human Capital Management (HCM). While job seekers look forward to earnings and self-advancement, companies are hiring specifically to maintain and expand their businesses. This creates a win-win situation for both parties that need each other to fulfil their needs. This implies that compensation might affect one’s attitude towards his or her job.

Author Name: Nurul Fazlin Bt Abdul Rahman and Elsadig Musa Ahmed

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Keywords: Job Satisfaction, Motivation, Loyalty, Compensation, Oil And Gas, Human Capital Management

ISSN: 2456-1045

EISSN: 2456-1045

EOI/DOI:

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