MAXIMAL
Vol 2 No 4 (2025): April

Employee Wellbeing sebagai Kunci Sukses Merger dan Akuisisi: Analisis Pengalaman Karyawan Pasca-Akuisisi PT Bank Syariah Indonesia

Dipoatmodjo, Tenri Sayu Puspitaningsih (Unknown)



Article Info

Publish Date
23 May 2025

Abstract

Mergers and acquisitions (M&A) often fail to achieve strategic goals due to a lack of attention to human factors, particularly employee well-being. This qualitative research analyzes the experiences of PT Bank Syariah Indonesia (BSI) employees post-merger of three Islamic banks in 2021, focusing on the impact of M&A on employee wellbeing and coping strategies. Data were collected through in-depth interviews with 15 employees from various levels and analyzed using a thematic approach. The research findings revealed that: (1) workload increased significantly post-merger, causing physical exhaustion and psychological stress; (2) career uncertainty and changes in organizational culture were the main sources of anxiety; however, (3) shared sharia values acted as cultural glue; and (4) wellbeing programs such as counseling and work flexibility proved effective in improving employee adaptation. This study contributes to the literature by showing that an employee well-being-based approach that integrates physical, mental, and spiritual aspects is the key to successful M&A in the Islamic banking industry. The practical implications emphasize the need for transparent communication, structured psychological support, and harmonization of shared value-based culture in the post-M&A integration process.

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Journal Info

Abbrev

MAKSI

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Biochemistry, Genetics & Molecular Biology Computer Science & IT Economics, Econometrics & Finance

Description

MAXIMAL JOURNAL is accepts manuscripts of research results and study results that bring up scientific and actual ideas in the fields of Social, Political, Law, Economics, Culture, Technology, and Education both in Indonesian and ...