Transcript Merger Integration I

Merger Integration I
Human Resources
7/16/2015
Post-merger integration




Project plan
Evolving document
Updated over time
Manage resources
– Time usually most valuable resource in
integration

7/16/2015
HR Plan Excel worksheet
Post-merger integration

HR due diligence
– Benefits, compensation, employment
regs/3rd party claims, labor relations,
policies/procedures, safey



7/16/2015
Understand the seller
Easier to compare benefits
Legal review: IRS, top heavy tests
Post-merger integration



7/16/2015
Step 1: Compare benefits
Side-by-side comparison
If seller gets better benefit package,
emphasize this in the
communications
Post-merger integration



7/16/2015
Step 2: After comparison, then
establish strategies for integration
of compensation and benefits
Tough decisions
Easier to do after the data
collection/comparisons
Post-merger integration

Plan
– Balance strategy and good employee
relations/morale
– Beware of inequities in pay scales
– Employee letters
Setting forth expectations
 Opportunity for one-to-one meetings

7/16/2015
Post-merger integration

Medical coverage
– Concerns:
– Will I have coverage with new
employer?
– Will it be uninterrupted?
– Cost difference?
– Similar/better/worse?
7/16/2015
Post-merger integration




7/16/2015
Coverage?
If it is eliminated, expect huge
problems
Possibility of turnover
Hot button issue
Post-merger integration



Difference in amount?
Employees will notice difference in
paycheck
Coverage
– Deductibles, plan types, co-pays,
domestic partners
7/16/2015
Post-merger integration



Age of employee population
If older, could have higher medical
liabilities
Difficult to cut existing medical
obligations, but has been done
– Will likely require litigation and bad PR
7/16/2015
Post-merger integration

Dental coverage
– Not a huge issue
– Interruption not a big issue


7/16/2015
Same goes for life insurance
As well as disability insurance
THIS IS ONLY A PARTIAL VIEW OF THE FULL DOCUMENT. THE REMAINING PAGES ARE
INTENTIONALLY NOT SHOWN. THEY ARE SHOWN ONLY IN THE MEMBERS DOWNLOAD AREA.
HOW TO CRUSH IT – DELIVER A+ WORK
1.
2.
3.
4.
5.
6.
7.
8.
9.
Download the full unrestricted template(s) from the members area
a. Use more than one template alternative to cover all the angles
b. Cut and paste from each to produce one unique to your situation
Determine the thought areas that are critical for delivering excellence
For the “excellence areas” do a competitive benchmarking assessment by using the market research
and market intelligence tools
a. State of the industry – current status and trends
b. State of the competition – existing, new, and those in related markets
c. State of your company – get honest internal and external views
From analysis of the data in #3, develop alternative options
a. Out of the box thinking – use the creativity tools to generate unique ideas
b. Test them and get input and feedback – use the collaboration tools to add value from others with
different perspectives
c. Narrow down to the best option for the “excellence areas”
Complete the template using the best “narrowed” down option
Develop eye catching reports that communicate your results very well and cause reviewers to be
awed by its quality
a. Use the designer power point graphics
b. Use the designer excel charts
Ask for help at any point in the process – contact us online or offline.
Present your report and receive praise for its comprehensiveness and creativity. You are now viewed
as different from the pack.
Get bigger rewards, be in demand, and field better opportunities. Use the personal growth tools to get
the edge.