STRESS MANAGEMENT AMONG BANK EMPLOYEES: WITH REFERENCE TO MERGERS AND ACQUISITIONS

ABSTRACT

Employees of banks are supposed to be proactive, proficient enough to bear responsibility and to perform under very stiff competitive environment. The existing banking industry is going through very critical situations, for example, global market is facing recession, the growth rate of emerging economies are going down; the pressure of competition is very high and apart from this dynamic environment of banking industry; various banks are restructuring their path of growth. At this juncture, banks are adopting and spreading their wings of mergers and acquisition to fly high and augment their strength and market size by approaching global as well as the rural market. Here, the impact of mergers and acquisitions on employees is a major concern because this may create stress among employees. Employees and their families have to go through with a certain paradigm during the course of a merger. The aim of the study is to identify the various stressors which contribute in increasing the level of stress among employees. Further, the article discusses the employee attitude and works related behavior and at the end we conclude. There is scope for further research to explore the employees’ behavior towards strategic issues like mergers and acquisitions. This study will present guidelines for policy formulators, bankers and researchers to consider employees’ view before taking further decision towards mergers and acquisition.

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