ORGANIZATIONAL CHANGE AND JOB SATISFACTION AFTER MERGER AND ACQUISITION IN NEPALESE BANKING SECTOR
Date
2024
Authors
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Journal ISSN
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Publisher
Shanker Dev Campus
Abstract
This study examines the impact of mergers and acquisitions (M&As) on job
satisfaction within Nepalese banks, focusing on how organizational changes influence
employee satisfaction. Using a descriptive and analytical research design, data was
collected from 384 banking staff across six banks involved in recent M&As through
surveys and interviews. Employee Motivation, Recognition, and Pay/Remuneration
significantly enhance job satisfaction, while Organizational Climate negatively affects
it. Organizational Change also plays a crucial role in satisfaction, highlighting the
importance of effective management during M&As. The regression analysis reveals
that factors such as pay and motivation are the strongest predictors of satisfaction,
with the model explaining 91% of the variance. The study concludes that successful
management of change, competitive pay, and employee recognition are essential for
maintaining satisfaction post-merger, providing valuable insights for banks navigating
M&As.