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All Journal MANAJEMEN HUTAN TROPIKA Journal of Tropical Forest Management JURNAL ILMU SOSIAL Jurnal Kawistara : Jurnal Ilmiah Sosial dan Humaniora Jurnal The Messenger DeReMa (Development Research of Management) Jurnal Manajemen International Journal of Language Teaching and Education International Journal of Social Science and Business Kritis Journal of Humanity and Social Justice Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Jurnal Ilmiah Hospitality Management Transformatif: Ekonomi, Bisnis dan Kewirausahaan Magistrorum et Scholarium: Jurnal Pengabdian Masyarakat Eduvest - Journal of Universal Studies Jurnal Kawistara
Titi Susilowati Prabawa
Universitas Kristen Satya Wacana
Religion Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Humanities Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Neuroscience Public Health Social Sciences Other

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Financial Coping in Facing Household Financial Crisis during Covid-19 Pandemic (Case Study on Employees of PT. Sun Star Motor Banyumanik) Joko Wijaya Tjang; Titi Susilowati Prabawa
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.4707

Abstract

The automotive industry plays a significant role in the Indonesian economy. However, the automotive industry is one of the manufacturing sectors most affected by the Covid-19 pandemic. PT. Sun Star Motor Banyumanik also experienced a drastic decline in sales of up to 60% in May 2020. As a result, the company terminated 20 employees, and a reduction of 25% of the total monthly salary was also applied to employees who were still employed maintained. This paper aims to analyze the financial coping strategies carried out by employees in dealing with the domestic financial crisis during the COVID-19 pandemic. In this paper, the author uses a constructive qualitative approach through observation, in-depth interviews, and document studies to elaborate on the financial coping strategies of PT. Sun Star Motor Banyumanik in the face of the COVID-19 pandemic. The data collected were analyzed by thematic analysis through grouping based on themes which were then synthesized. The results of our research show that the employees studied were able to survive by carrying out financial copings are income diversification with running a side business, saving expenses, and delaying credit payments. Employees still need long-term innovations to be able to anticipate changes due to the pandemic
Co-Authors Aldi Herindra Lasso Andeka Rocky Tanaamah Ansyori, Mohammad Mirza Antonius Bele Antonius, Bele Christian Lilik HS Nivak Ciptosari, Fitri Daniel D Kameo Elia Radianto Erwien Christianto Gatot Sasongko Ho Ara, Umbu Joko Wijaya Tjang Katuuk, Elvira Mercy Lasti Nur Satiani Listyani Listyani M.A Therik, Wilson Mardimin Mardimin, Johanes Marthen Luther Ndoen Miagian, Aveanty Neil Semuel Rupidara Rindo Bagus Sanjaya Rini Darmastuti Rini Kartika Hudiono Sally Agustina Raung Soares, Evaristo Soares, Janio Abilio Madeira Soares, Januario Sri Suwartiningsih Sri Winarso Martyas Edi Titik Djumiarti Tuerah, Noldy Yerik Afrianto Singgalen Yesaya Sandang Yohana Nace Iriany Reawaruw Yong Chan Kim