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Journal : Jurnal MD

THE STUDY OF THE BANK SYARIAH INDONESIA MERGER BASED ON SWOT ANALYSIS Muhammad Fikry Aransyah
Jurnal MD Vol 7, No 2 (2021)
Publisher : UIN Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jmd.2021.72-01

Abstract

As a country with the largest Muslim population globally, Indonesia can become a leader in the Islamic financial industry. The increased public awareness of halal matters and stakeholders’ strong support are essential factors in developing the halal industry ecosystem in Indonesia. The Islamic banking industry in Indonesia itself has experienced a significant increase and development in the past three decades. Product innovation, service improvement, and network development show a positive trend from year to year. The spirit to accelerate is also reflected in the number of Islamic banks that take corporate actions. Sharia banks owned by State-owned banks are no exception, namely Bank Syariah Mandiri, BNI Syariah, and BRI Syariah. Indonesia uses the SWOT approach. This study uses a literature study where the data come from literature related to the title under study. In this study, the authors collected the data from existing research and summary reports on mergers carried out by 3 Islamic banks, namely BRI Syariah Bank, Mandiri Syariah Bank, and BNI Syariah Bank. It can be concluded that Bank Syariah Indonesia has massive capital strength and sources of funds, regulation, facilities, and support from the government and already has m-banking BSI Mobile. The weaknesses of Bank Syariah Indonesia are less competitive business models and products, less optimal quality and quantity of human resources, integration problems and corporate culture, ecosystems, and information technology that are still lagging behind conventional banks. The opportunities for Bank Syariah Indonesia are penetrating markets that were previously inaccessible, the increasing number of investors in the Islamic capital market, global Sukuk financing, the financial technology ecosystem, the efforts by the government and academia in growing digital and financial inclusion, and the large Muslim population in Indonesia. The threats that arise are the low literacy and inclusion of the Islamic banking system, the increasing risk of financing liquidity problems, the ratio of non-performing financing, and competitors’ better financial technology. It was suggested that mergers exploit synergies, reduce overlaps in operations, right-sizing, and redeploy surplus staff either by retraining, restructuring labor, or voluntary retirement. The merger likewise meets the need for development, diminishing the degree of rivalry, and making an enormous substance between State-owned Islamic banking enterprises.
EFFECT OF COMPETENCY AND COMPENSATION ON EMPLOYEE ENGAGEMENT AND THEIR IMPACT ON PERFORMANCE OF ORGANIC EMPLOYEES PT PELABUHAN INDONESIA IV (PERSERO) SAMARINDA BRANCH Ella Fitria Rahmayani; Adietya Arie Hetami; Muhammad Fikry Aransyah
Jurnal MD Vol 7, No 2 (2021)
Publisher : UIN Sunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/jmd.2021.72-03

Abstract

This study aims to determine the effect of competence and compensation on employee engagement and their impact on employee performance. Competence is an essential thing that must be considered in managing human resources in the company because competence means a person's ability to do a job based on skills or expertise to produce good results. This research was conducted at PT Pelabuhan Indonesia IV, a State-Owned Enterprise (BUMN) engaged in managing seaports and sea services. The type of research used is descriptive research with a quantitative approach. The sample used is 69 respondents who are Organic Employees of PT Pelabuhan Indonesia IV (Persero) Samarinda branch by using a sample using Nonprobability sampling with the Quota Sampling method with the data analysis technique used is path analysis. The results showed that the competence variable partially had a significant effect on employee engagement, the compensation variable partially had a significant effect on employee engagement, the competence variable partially had a significant effect on employee performance, the compensation variable partially had a significant effect on employee performance, the employee engagement variable partially had an effect significant to employee performance. PT Pelabuhan Indonesia IV (Persero) Samarinda branch is expected to maintain the quality of employees based on competence and expertise in their fields respectively to improve performance as expected by the company. Superiors can also maintain relationships with employees by providing training, advice, and evaluating employee work results to improve employee performance effectively. Furthermore, the company can maintain a system of providing compensation and benefits received by employees to increase employee work loyalty to improve the quality of performance to the company.