This research aimed to explore the relationship among hotel managers' perceptions of organizational change, work attitude and job performance. The moderator effect of compensation system on the relationship between perception of organizational change and work attitude was also examined. The research samples were managers who have been serving at the international tourist hotels in Taiwan. There were 400 questionnaires sent, while 315 were returned as valid data. The results showed that (1) hotel managers' perceptions of organizational change has a positive relationship with job involvement and organizational commitment in work attitude; (2) work attitude and organizational commitment have a positive relationship with job performance; (3) perceptions of organizational change has a positive relationship with job performance and its sub-construct as internal process and learning-and-growth; (4) compensation system shows significant impact on the relations between perceptions of organizational change and organizational commitment.