Impact of Merger on Stress Level of Employees (A Case Study of Erstwhile Bank of Rajasthan Ltd.)

Dr krishn A. Goyal Goyal () and Vijay Joshi ()
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Dr krishn A. Goyal Goyal: B.N. (P.G.) College, Udaipur, India
Vijay Joshi: , India

International Journal of Business Research and Management (IJBRM), 2012, vol. 3, issue 5, 234-248

Abstract: Mergers and Acquisitions are inevitable phenomena in banks so, whenever changes in organization take place employees are supposed to adopt them. In this process, if changes are not managed properly than it may cause stress among bank employees. Therefore, the aim of this article is to measure the level of stress of the erstwhile Bank of Rajasthan employees after merger in ICICI Bank Ltd. We used weighted average method and employed paired sample t-test to test the hypothesis. Merger Stressors are identified like the major psychological factors which include uncertainty, insecurity, job changes and threat of job loss which create stress among bank employees. On the other hand the cultural factors include technology used by the bank, reporting system, working hours, relationship with boss and supervision. This study may be a modest attempt to identify the level of stress and proposition for the betterment of the bank employees. It will be helpful for the policy makers, strategic Managers, scholars and researchers.

Keywords: Merger and Acquisition; Stress Management; Bank; Employees (search for similar items in EconPapers)
JEL-codes: M0 (search for similar items in EconPapers)
Date: 2012
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