A Study of Employee Satisfaction, Job & Organisational Performance of SBI in the Post-merger Scenario

Authors

  • Bushra Shazli
  • Lamaan Sami

DOI:

https://doi.org/10.33516/rb.v48i3-4.22-50p

Keywords:

Compensation and Benefits, Employee satisfaction, Job & Organisational Performance

Abstract

The majority of studies on merger and acquisitions (M&As) have been financial in nature, and the effectiveness of a merger was judged in financial terms. Therefore, the present study aimed at studying effectiveness of the M&As in context of employee satisfaction, compensation and benefits, job performance and organizational performance of SBI. For this purpose, quota sampling technique has been applied to collect the primary data of 400 employees of SBI (200-SBI employees & 200 employees who were working with associate banks in premerger period). The data has been analysed by applying appropriate statistical tests such as: exploratory factor analysis & Mann Whitney U Test and mediation regression analysis using Sobel test with the help of IBM SPSS version 25. The outcomes of the study has shown that for both the respondents, variables such as- performance based rewards, employee welfare schemes, salary at par, good insurance, bonus and retirement plans have been the most important factors of satisfaction for SBI`s Compensation and benefits practices in the postmerger scenario. It has been found that for variables Annual increment, Level and quality of transparency on remuneration practices and policy, Contribution of remuneration provision to financial stability, there is difference between the two groups of respondent`s satisfaction for Compensation and benefits practices of SBI. The results of mediation regression analysis reflects that Service Quality & Employee satisfaction have positive and a significant impact on Organisational Performance. Compensation and Benefits has positive and a significant impact on Job Performance by the inclusion of the mediator variable employee satisfaction

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Published

2023-01-01

How to Cite

Shazli, B., & Sami, L. (2023). A Study of Employee Satisfaction, Job & Organisational Performance of SBI in the Post-merger Scenario. Research Bulletin, 48(3-4), 22–50. https://doi.org/10.33516/rb.v48i3-4.22-50p

Issue

Volume 48, Issue 3-4, October 2022-January 2023

Section

Articles
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Europe PMC

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