COMPANY'S ACQUISITION AND ITS EMPLOYEES' SATISFACTION

Purpose – The measure of the success or failure of mergers or acquisitions comes from numerical, economic, and commercial data. We want to figure out the impact of acquisitions on employees' satisfaction. We distinguish between senior-ranked and junior-ranked employees to give stakeholders better chances for success. Methodology/approach - The main mechanism is a questionnaire. It was validated before being distributed among potential respondents. Using factor analysis, we determined three factors that express employees' satisfaction. Findings – We found that generally, the three factors, namely Transparency and Communication, Involvement and Belonging, and Trust and Stability, cover several aspects of employees' feelings toward acquisitions or mergers. However, senior employees are significantly more satisfied than junior employees. Research limitations/implications – The research emphasizes the need for junior employees' cooperation and involvement. It seems that senior employees were exposed to more details related to the acquisition. Practical implications – The findings will help stakeholders pay more attention to junior-ranked employees and achieve better success while acquiring companies. Originality/value – This is a phase in long-run research. Its value lies in quantitative measures of employees' attitudes and involvement in their organization's life.