Compensation as a Moderator in the Relationship between Polychronic Work Behavior and Employee Engagement among Top-Level Employees in Sri Lanka's Licensed Commercial Banks

The study mainly investigates the relationship between polychronic work behavior and employee engagement. Moreover, the research study intended to analyze the moderating effect of compensation between polychronic work behavior and employee engagement in the Sri Lankan banking industry. The Sri Lankan banking industry impacts the GDP by contributing 60%, whereas out of all the industries in Sri Lanka, around 40% of employees work in the banking industry. Therefore, the researcher focuses on determining the impact of polychronic work behavior on employee engagement as well as the moderating effect of compensation between these two variables among top-level employees in Sri Lanka’s licensed commercial banks. A quantitative research framework was utilized, and purposive sampling was adopted. The pre-survey revealed the presence of 188 respondents, and Taro Yamane’s formula guided the se lection of a sample of 128. The data was collected through primary data using structured questionnaires. Both descriptive and inferential statistics were examined via the SPSS 25.0 version to present and analyze the data, and the results were obtained. The findings of the current study demonstrate that there is a strong positive relationship between polychronic work behavior and employee engagement. Moreover, it was identified that the moderator variable compensation is moderating the relationship between polychronic work behavior and employee engagement. The current study’s novelty lies in its exploration of compensation as a moderator in the relationship between polychronic work behavior and employee engagement in the Sri Lankan banking context, which is an area that has not been extensively examined in previous research. This research study contributes new insights into the role of compensation in handling multitasking behaviors and enhancing employee engagement in the workplace.