Studi Fenomenologi Makna Kepuasan Kompensasi Bagi Karyawan Generasi Z

Abstract

This study aims to explore how Generation Z employees construct the meaning of
compensation satisfaction by examining the financial and non-financial factors that shape their
perceptions and experiences. It seeks to understand the subjective meaning they attach to
compensation in the workplace. The research also intends to provide insights that help organisations
design compensation systems that align with the needs and expectations of younger employees.
The research was conducted using a qualitative-phenomenological approach. The research
explores the subjective experiences of nine Generation Z informants who are alumni of Diponegoro
University and employed across different sectors.
The findings indicate that compensation satisfaction is shaped not only by salary but also by
the alignment with personal and generational needs, career development opportunities, and
organisational culture. Generation Z views compensation as both recognition of effort and a means
of achieving well-being, in which non-financial aspects such as work-life balance, learning
opportunities, and appreciation are equally important. These insights show that companies should
create fair and appropriate compensation systems so that Generation Z employees feel more
motivated, engaged, and willing to stay with the company.