Reinvigorating Unicorn Startup Employee Productivity Following Mass Layoffs
DOI:
https://doi.org/10.21009/ISC-BEAM.011.32Keywords:
Unicorn startup employee, Employee Perfomance, Job satisfaction, Work stress, CommunicationAbstract
The transition period from the pandemic back to normal and the global recession triggered many employee layoffs, especially in unicorn startup companies. This mass layoff also had an impact on the remaining employees. This research wants to analyze how to maintain the performance of remaining employees when viewed from the influence of work stress, communication and job satisfaction. The sample is company employees in Jakarta, and the sample size is 200 people. The Jakarta location was chosen because most unicorn startup companies are in this city. The research sample was selected using a purposive sampling technique. The quantitative data processing method is carried out using the survey method. The data is processed using the Lisrel application.
Unicorn startup employee, Employee Perfomance, Job satisfaction, Work stress, Communication
References
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Harry, J. (2020). Stress Management and Employee Perfomance. European Journal of Human Resource Management Studies, 4(1), 57–71. https://doi.org/10.5281/zenodo.3732204
Jamal Ali, B., & Anwar, G. (2021). An Empirical Study of Employees’ Motivation and its Influence Job Satisfaction. International Journal of Engineering, Business and Management, 5(2), 21–30. https://doi.org/10.22161/ijebm.5.2.3
Jo, S., & Shim, S. W. (2005). Paradigm shift of employee communication: The effect of management communication on trusting relationships. Public Relations Review, 31(2), 277–280. https://doi.org/10.1016/j.pubrev.2005.02.012
Kalogiannidis, S. (2020). Impact of Effective Business Communication on Employee Performance. EJBMR, European Journal of Business and Management Research, 5(6), 1–6.
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Phuong, T. T ; Nguyen, T. L. h. (2022). Knowledge Management , Employee Satisfaction , Employees Loyalty And Job Performance : A Proposed. International Journal of Information, Business and Management, 14(1), 9202.
Qureshi, M. I., Iftikhar, M., & Abbas, S. G. (2013). Relationship Between Job Stress , Workload , Environment and Employees Turnover Intentions : What We Know , What Should We Know. 23(6), 764–770. https://doi.org/10.5829/idosi.wasj.2013.23.06.313
Ramli, A. H. (2019). Compensation, Job Satisfaction and Employee Performance in Health Services. Business and Entrepreneurial Review, 18(2), 177–186. https://doi.org/10.25105/ber.v18i2.5335
Rizky, M. C., & Ardian, N. (2019). Enhance Employee Performance for Increase Work Motivation on Universitas Pembangunan Panca Budi Medan. International Journal in Management and Social Science, 07(08), 2321–1784.
Siagian, T. S., & Khair, H. (2018). Pengaruh Gaya Kepemimpinan dan Lingkungan Kerja Terhadap Kinerja Karyawan Dengan Kepuasan Kerja Sebagai Variabel Intervening. Maneggio: Jurnal Ilmiah Magister Manajemen, 1(1), 59–70. https://doi.org/10.30596/maneggio.v1i1.2241
Singgih, E., Iskandar, J., Goestjahjanti, F. S., & Fahlevi, M. (2021). The Role of Job Satisfaction in the Relationship between Transformational Leadership , Knowledge Management , Work Environment and Performance. Solid Staate Technology, 63(2 s), 294–310.
Sunarsi, D., Suryani, N. L., & Jati, W. (2020). Covid-19 Pandemic Analysis Toward Productivity Giving Layoffs Effect in The Company of Industrial Sector around South Tangerang. The International Conference on Innovations in Social Sciences and Education (ICoISSE), 472–481.
Sutrisno. (2022). Determinants of Employee Performance : Overview of Aspects of Communication , Work Stress and Compensation. BIRCI-Journal, 5(3), 19259–19270.
Tabarsa, G., & Nazari, A. J. (2016). Examining the Moderating Role of Mentoring Relationship in between Content Plateauing with Job Satisfaction and Willingness to Leave the Organization ( Case Study : Iran Ministry of Industry , Mines and Trade ). Indian Journal of Science and Technology, 9(February), 7–14. https://doi.org/10.17485/ijst/2016/v9i7/87858
Thi, L., & Loan, M. (2020). The influence of organizational commitment on employees’ job performance: The mediating role of job satisfaction. Management Science Letters, 10, 3307–3312. https://doi.org/10.5267/j.msl.2020.6.007
Tong, Siliang Jia, N., Luo, X., & Fang, Z. (2021). The Janus face of artificial intelligence feedback : Deployment versus disclosure effects on employee performance. Strategic Management Journal,9(July), 1600–1631. https://doi.org/10.1002/smj.3322
Tu, Y., Li, D., & Wang, H. (2021). COVID-19-induced layoff , survivors ’ COVID-19-related stress and performance in hospitality industry : The moderating role of social support. International Journal of Hospitality Management, 95(5), 1–8. https://doi.org/10.1016/j.ijhm.2021.102912
Walden, J., Jung, E. H., & Westerman, C. Y. K. (2017). Employee communication, job engagement, and organizational commitment: A study of members of the Millennial Generation. Journal of Public Relations Research, 29(2–3). https://doi.org/10.1080/1062726X.2017.1329737
Wang, F., Pollock, K. E., Hauseman, C., Wang, F., Pollock, K., & Hauseman, C. (2018). School Principals ’ Job Satisfaction : The Effects of Work Intensification The Effects of Work Intensification. Canadian Journal of Educational Administration and Policy, 185, 73–90.
Yamin, S., & Kurniawan, H. (2009). Structural Equation Modeling: Belajar Lebih Mudah Teknik Analisis Data Kuesioner dengan Lisrel –PLS. Penerbit Salemba Infotek.
Baek, J. L. C. (2019). A Study on the Impact of Corporate Communication on Work Performance. Journal of the Society of Korea Industrial and Systems Engineering, 42(3), 242–251. https://www.koreascience.or.kr/article/JAKO201928951542194.page
Bechter, Barbara ; B., Brandl, B. & Lehr, A. (2022). The role of the capability , opportunity , and motivation of firms for using human resource analytics to monitor employee performance : A multi ‐ level analysis of the organisational , market , and country context. New Technology, Work and Employment, 37(April 2021), 398–424. https://doi.org/10.1111/ntwe.12239
Casper, A., Sonnentag, S., Tremmel, S., Casper, A., Sonnentag, S., Mindset, S. T., Casper, A., Sonnentag, S., & Tremmel, S. (2017). Mindset matters : the role of employees ’ stress mindset for day-specific reactions to workload anticipation workload anticipation. European Journal of Work and Organizational Psychology, 00(00), 1–13. https://doi.org/10.1080/1359432X.2017.1374947
Ćulibrk, J., Delić, M., Mitrović, S., & Ćulibrk, D. (2018). Job satisfaction, organizational commitment and job involvement: The mediating role of job involvement. Frontiers in Psychology, 9, 1–12. https://doi.org/10.3389/fpsyg.2018.00132
Dhamija, P., Gupta, S., & Bag, S. (2019). Measuring of job satisfaction: the use of quality of work life factors. Benchmarking: An International Journal. https://doi.org/10.1108/BIJ-06-2018-0155
Diamantidis, A. D., & Chatzoglou, P. (2019). Factors affecting employee performance: an empirical approach. International Journal of Productivity and Performance Management, 68(1), 171–193. https://doi.org/10.1108/IJPPM-01-2018-0012
Dwyer, M. L., Alt, M., Brooks, J. V., Katz, H., & Poje, A. B. (2021). Burnout and Compassion Satisfaction: Survey Findings of Healthcare Employee Wellness During COVID-19 Pandemic using ProQOL. Kansas Journal of Medicine, 14, 121–127. https://doi.org/10.17161/kjm.vol1415171
Hadfield, A. (2022). From pandemic to endemic ? Learning lessons from a global contagion contagion. Journal of Chinese Economic and Business Studies, 20(3), 225–234. https://doi.org/10.1080/14765284.2021.2024486
Harry, J. (2020). Stress Management and Employee Perfomance. European Journal of Human Resource Management Studies, 4(1), 57–71. https://doi.org/10.5281/zenodo.3732204
Jamal Ali, B., & Anwar, G. (2021). An Empirical Study of Employees’ Motivation and its Influence Job Satisfaction. International Journal of Engineering, Business and Management, 5(2), 21–30. https://doi.org/10.22161/ijebm.5.2.3
Jo, S., & Shim, S. W. (2005). Paradigm shift of employee communication: The effect of management communication on trusting relationships. Public Relations Review, 31(2), 277–280. https://doi.org/10.1016/j.pubrev.2005.02.012
Kalogiannidis, S. (2020). Impact of Effective Business Communication on Employee Performance. EJBMR, European Journal of Business and Management Research, 5(6), 1–6.
Lawal, G. E. O. (2022). The Role of the Human Resource Department in Organizational Downsizing. Wijar, 6(1), 31–39.
Matthews, B., Daigle, J., & Houston, M. (2018). A dyadic of employee readiness and job satisfaction: Does there exist a theoretical precursor to the satisfaction-performance paradigm? International Journal of Organizational Analysis, 26(5), 842–857. https://doi.org/10.1108/IJOA-01-2018-1320
Ng, T. W. H., Butts, M. M., Vandenberg, R. J., DeJoy, D. M., & Wilson, M. G. (2006). Effects of management communication, opportunity for learning, and work schedule flexibility on organizational commitment. Journal of Vocational Behavior, 68(3), 474–489. https://doi.org/10.1016/j.jvb.2005.10.004
Oke, A. E. (2022). Effective Communication: A Measure of Project Success. Measures of Sustainable Construction Projects Performance, 67–74. https://doi.org/10.1108/978-1-80382-997-520221017/FULL/HTML
Paais, M., & Pattiruhu, J. R. (2020). Effect of Motivation , Leadership , and Organizational Culture on Satisfaction and Employee Performance. Journal of Asian Finance, Economics and Busines, 7(8), 577–588. https://doi.org/10.13106/jafeb.2020.vol7.no8.577
Pawirosumarto, S., Sarjana, P. K., & Muchtar, M. (2017). Factors affecting employee performance of PT Kiyokuni Indonesia. International Journal of Law and Management, 59(4), 602–614. https://doi.org/10.1108/IJLMA-03-2016-0031
Phuong, T. T ; Nguyen, T. L. h. (2022). Knowledge Management , Employee Satisfaction , Employees Loyalty And Job Performance : A Proposed. International Journal of Information, Business and Management, 14(1), 9202.
Qureshi, M. I., Iftikhar, M., & Abbas, S. G. (2013). Relationship Between Job Stress , Workload , Environment and Employees Turnover Intentions : What We Know , What Should We Know. 23(6), 764–770. https://doi.org/10.5829/idosi.wasj.2013.23.06.313
Ramli, A. H. (2019). Compensation, Job Satisfaction and Employee Performance in Health Services. Business and Entrepreneurial Review, 18(2), 177–186. https://doi.org/10.25105/ber.v18i2.5335
Rizky, M. C., & Ardian, N. (2019). Enhance Employee Performance for Increase Work Motivation on Universitas Pembangunan Panca Budi Medan. International Journal in Management and Social Science, 07(08), 2321–1784.
Siagian, T. S., & Khair, H. (2018). Pengaruh Gaya Kepemimpinan dan Lingkungan Kerja Terhadap Kinerja Karyawan Dengan Kepuasan Kerja Sebagai Variabel Intervening. Maneggio: Jurnal Ilmiah Magister Manajemen, 1(1), 59–70. https://doi.org/10.30596/maneggio.v1i1.2241
Singgih, E., Iskandar, J., Goestjahjanti, F. S., & Fahlevi, M. (2021). The Role of Job Satisfaction in the Relationship between Transformational Leadership , Knowledge Management , Work Environment and Performance. Solid Staate Technology, 63(2 s), 294–310.
Sunarsi, D., Suryani, N. L., & Jati, W. (2020). Covid-19 Pandemic Analysis Toward Productivity Giving Layoffs Effect in The Company of Industrial Sector around South Tangerang. The International Conference on Innovations in Social Sciences and Education (ICoISSE), 472–481.
Sutrisno. (2022). Determinants of Employee Performance : Overview of Aspects of Communication , Work Stress and Compensation. BIRCI-Journal, 5(3), 19259–19270.
Tabarsa, G., & Nazari, A. J. (2016). Examining the Moderating Role of Mentoring Relationship in between Content Plateauing with Job Satisfaction and Willingness to Leave the Organization ( Case Study : Iran Ministry of Industry , Mines and Trade ). Indian Journal of Science and Technology, 9(February), 7–14. https://doi.org/10.17485/ijst/2016/v9i7/87858
Thi, L., & Loan, M. (2020). The influence of organizational commitment on employees’ job performance: The mediating role of job satisfaction. Management Science Letters, 10, 3307–3312. https://doi.org/10.5267/j.msl.2020.6.007
Tong, Siliang Jia, N., Luo, X., & Fang, Z. (2021). The Janus face of artificial intelligence feedback : Deployment versus disclosure effects on employee performance. Strategic Management Journal,9(July), 1600–1631. https://doi.org/10.1002/smj.3322
Tu, Y., Li, D., & Wang, H. (2021). COVID-19-induced layoff , survivors ’ COVID-19-related stress and performance in hospitality industry : The moderating role of social support. International Journal of Hospitality Management, 95(5), 1–8. https://doi.org/10.1016/j.ijhm.2021.102912
Walden, J., Jung, E. H., & Westerman, C. Y. K. (2017). Employee communication, job engagement, and organizational commitment: A study of members of the Millennial Generation. Journal of Public Relations Research, 29(2–3). https://doi.org/10.1080/1062726X.2017.1329737
Wang, F., Pollock, K. E., Hauseman, C., Wang, F., Pollock, K., & Hauseman, C. (2018). School Principals ’ Job Satisfaction : The Effects of Work Intensification The Effects of Work Intensification. Canadian Journal of Educational Administration and Policy, 185, 73–90.
Yamin, S., & Kurniawan, H. (2009). Structural Equation Modeling: Belajar Lebih Mudah Teknik Analisis Data Kuesioner dengan Lisrel –PLS. Penerbit Salemba Infotek.
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Published
2024-02-21
How to Cite
Rachma Dania, R. F., & Gulabdin, S. . (2024). Reinvigorating Unicorn Startup Employee Productivity Following Mass Layoffs. International Student Conference on Business, Education, Economics, Accounting, and Management (ISC-BEAM), 1(1), 471–486. https://doi.org/10.21009/ISC-BEAM.011.32
