Post on 19-Jan-2016
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Merger Integration I
Human Resources
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Post-merger integration
Project plan Evolving document Updated over time Manage resources
– Time usually most valuable resource in integration
HR Plan Excel worksheet
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Post-merger integration
HR due diligence– Benefits, compensation, employment
regs/3rd party claims, labor relations, policies/procedures, safey
Understand the seller Easier to compare benefits Legal review: IRS, top heavy tests
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Post-merger integration
Step 1: Compare benefits Side-by-side comparison If seller gets better benefit package,
emphasize this in the communications
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Step 2: After comparison, then establish strategies for integration of compensation and benefits
Tough decisions Easier to do after the data
collection/comparisons
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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
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Medical coverage– Concerns:– Will I have coverage with new
employer?– Will it be uninterrupted?– Cost difference?– Similar/better/worse?
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Coverage? If it is eliminated, expect huge
problems Possibility of turnover Hot button issue
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Difference in amount? Employees will notice difference in
paycheck Coverage
– Deductibles, plan types, co-pays, domestic partners
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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
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Dental coverage– Not a huge issue– Interruption not a big issue
Same goes for life insurance As well as disability insurance
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ADDITIONAL TEMPLATE PREVIEWS
Guides PMI Planning Guidelines Types of Merger Integration Approaches (Hostile vs. Friendly) How To Integrate Acquisitions Well Ways to Integrate - Ver2 7 Deadly Sins The First 100 Days CFO's Role in PMI Merger Communications Plan - Ver1 Merger Communications Plan - Ver2 (No Preview) Managing Receivables Blues Motivating the Teams Managing the Process
Integration Tools and Templates
Merger Integration Best Practices
Integration Initiatives By Functional Area
Integration Timeline By Functional Area
Integration Approach Kick-Off Presentation
PMI Planning & Execution Model
Integration Plan Example 1
Integration Plan Example 2
HR Integration Plan Example
Overall Merger Integration Plan
Sales Force Merger Integration
Treasury Department Merger Integration
Presentation and Report Charts and Graphics - Big Time Saver!
Biotech Merger Integration Plan
Telecom Merger Integration Plan
New Business, Product, and Startup Ideas
MARKET, INDUSTRY, AND COMPANY, RESEARCH