This study aims to analyze the effect of compensation on job satisfaction and work motivation as a moderating variable. The object of this research is the cement industry company located in Ajibarang, Banyumas, Central Java. In this study sampling 92 respondents was selected using the purposive sampling method. the analysis technique used is Moderated regression analysis Based on the analysis that has been done, the results obtained are as follows: 1). Compensation has a positive and significant effect on employee job satisfaction; 2). Motivation is able to act as a moderating variable between the effect of compensation on employee job satisfaction