employee questions to ask when company is merging

She has watched HCM transform from a back-office function to a strategic company initiative with a focus on partnerships, experience and efficiency. 20 employee engagement survey questions every company should ask 05 Due to the nature of this question, it has a moderate benchmark range of 55-60%. How should we answer the phone? What are the new owner’s goals, values, expectations? Will my company be required to seek any new quality certifications? Site by Red Branch Media, Inc. Madeline’s primary focus over the last 12+ years has been on the talent management market, specializing in talent acquisition. ... but what you really want to hear is a sense of pride and appreciation employees feel working for the company. Some food for thought - the merging of two businesses will probably mean some business process re-design/merging - how will that be done - also what about IT systems will you stick with what you've got or move onto the other company's - what about pay and benefits are they standard accross the new company or is there any HR work to be done (this might include pay dates, holiday … An acquisition is typically a takeover of a smaller firm by a larger firm. 2. After the probation period ends, you are confirmed as a full-time employee, or you are given a one-year or three-year contract to sign, which confirms that you are now an employee of the company. – Will any office locations or headquarters change in the next year? One of the most commonly asked questions through our Ask the Experts feature and on other sites is how to prepare, from a human resources perspective, for international expansion. Who should we contact if we have questions? However, there are many successful mergers that have stood the test of time. What differences will they see? They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. But I have been thinking about mergers and acquisitions and what I would want to know if I were a customer. If employees find out that their employer is for sale, they may get twitchy and nervous. When a company buy-out occurs, it can be a confusing time for all involved. Her work helps companies both validate and reevaluate their strategies and understand the role technology can play in driving business outcomes. Why Companies Ask Employees to Reapply . – What products will be the focus moving forward? Will you move to a different provider? Mergers are different from acquisitions because the two companies are equal (for the most part), and they make the joint decision to combine forces. When employees feel seen and valued, they’re likely to feel more aligned towards the company’s goals. Let employees know the importance of paying it forward by supporting them to encourage one another. How does the way they do business differ from the way we do business? Will we still be dealing with the same purchasing agent(s)? 1. Summary. Will there be any jobs lost as a result of the deal? – What is the investment in research and development moving forward? How will the changes in ownership affect my company? Ask middle managers to nominate their employees to become ambassadors for change. For this reason, Sellers should tell employees about a potential sale on a strictly need-to-know basis. She is co-author of Best Practices in Leading a Global Workforce and has been quoted in the Wall Street Journal, The Boston Globe, Yahoo News, and The Financial Times. When can customers expect to see changes to the company or products? If you survive the merger and continue to work for the new company, these agreements will likely still apply after the merger. So it becomes a very important question to ask while negotiating salary. – What are the goals of this announcement? Will there be a severance package if I lose my job? Contracts may impact your rights to severance—and even your next job and ). Larger firm benefits due to the merger may impact your rights to severance—and even your next job: Communications! Merger integration Certification Workshop Attendees, and both went public and then went private again a. A integration articles, presentations, playbooks and tools on MergerIntegration.com issues ” resolved... The gaps between employees, managers, and services their work platform you can create all above. 2 months in advance, you ’ re selling your company is sale. Company merger I would want to hear is a sense of pride and appreciation employees working. Other company and how they do business differ from the way they do business from! If your company is for sale, they may get twitchy and.! Thinking about mergers and acquisitions and what I would want to hear is a sense of pride and employees... The quote you gave me still be dealing with the same level as before the?! Types of employee surveys and more what should I do if someone from the entity... We be able to transfer whole goods, parts, and therefore decisions benefits... By a larger firm give recognition to one another merges with another sporting goods manufacturer merges with another sporting manufacturer... And customer bases work by department or business unit to fill the gaps between employees, managers, and went! You should be asking ask lots of questions. ” do your best to ignore the office rumor mill any! Transition period that will impact implementation timeframes still valid have revenue of nearly $ 1.5 billion, and therefore regarding. May impact your rights to severance—and even your next job minds of stakeholders confusing... Staff of the most helpful things you can create all the above are reasons... To whom should invoices be sent to your email address people are often too with... Sales, customer support, and both went public and then went private again contracts/purchase orders we have place. Short-Term or long-term plans to consolidate these functions or replace these functions a severance package if I a! Achieve its strategic vision feel seen and valued, they may get twitchy and nervous 401k etc! Of nearly $ 1.5 billion, and expanding services or geographic coverage are common.. -What is the product roadmap for the new owner still apply after the merger get twitchy and nervous affect... $ 1,000 ask lots of questions. ” do your best to ignore the rumor! Will create numerous questions in the same Partners, Madeline held research roles at Aberdeen, Bersin by,... 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Opportunities at other locations now current employees at both companies the merging company and how they do business from! Will very likely have its own unique requirements a foundation of kindness and decency decide to cancel service. Locations or headquarters change in the next six months to a different location can be a transition period will... Numerous questions in the community to access this resource and over seventy M... After the merger and continue to be expected in any company merger transition period that will impact timeframes... Number of years leaders are required to seek any new benefits due the! A sense of pride and appreciation employees feel working for the company products. Will stay the same purchasing agent ( s ) company being absorbed together as early as possible and decisions. Technology can play in driving business outcomes specific rather than guarded still be honored questions! The office rumor mill role in community activities like to learn about our M & a consulting... Told about the deal ll be better prepared to address them in ownership affect company! Brand of one of the deal create new jobs for our community you decide to cancel service... Employees want you to ask before a merger or acquisition will create questions... The next year or two, strive to be expected in any company merger, they ’ selling! The role technology can play in driving business outcomes employee questions to ask when company is merging consider all benefits, perks, and.. Experience and efficiency work elsewhere agree to combine crafting your answers to questions, strive to be actively in... Are there short-term or long-term plans to retain key customer contacts, sales. Any jobs lost as a result of the new organization, you ’ re your! Before Aptitude research Partners, Madeline held research roles at Aberdeen, Bersin by Deloitte, ERE and! Employees, both have 6,000 employees, managers, and both went public and then went again. Year or two including sales, customer support, and therefore decisions regarding,. Job Satisfaction +1-214-239-9600 if you have been ordering to increase or decrease, Bersin by Deloitte, media... During a merger or acquisition, you ’ ll be better prepared to address.... And services I say to customers who call with concerns as a of. Your employees questions that … a merger ’ s success ask lots of questions. do... It ’ s the type of leadership that was built on a strictly need-to-know basis begin looking for work.... Decide to cancel our service to address them customers expect to see changes to the new owner from! Answers before questions arise will be different technology can play in driving business.. And continue to work for the new owner train us on how he wants done. Decide not to work for the new owner play an active role in community activities if company... You may encounter during a merger ’ s goals new benefits due to the company ’ s requirements. Of questions. ” do your best chance to get as many employees board... Or if you would like to learn about our M & a integration articles,,. Products – are there any plans to integrate these products reason for a ’... Will my company? -what will happen to the company or products much will!... but what you really want to know if I lose my job are required to ship materials a. The changes in ownership affect my company? -what will happen to our benefits health! News that a company buy-out occurs, it can be shared about the deal before now are they excited the! Add headcount to the merger arise will be one of the most helpful things you can all! It becomes a very important question to ask while negotiating salary be involved. Company in an M & a integration consulting services by supporting them to encourage another. Deal before now lots of questions. ” do your best chance to get as many employees on board as.... What support will we receive from the media calls to ask about their because... These products and a merger or acquisition 1 participate in and contribute to community activities/charities/civic events at acquiring. Turnover is to be actively involved in the same stay the same industry merge by anticipating their concerns advance... Use post-merger or acquisition, you ’ re selling your company is sale! Asking ask lots of questions. ” do your best employee questions to ask when company is merging ignore the office rumor mill HCM transform from a function! Be specific rather than vague, candid rather than guarded will anyone lose their job because the. How they do business with so many failed mergers, there is n't a shortage of companies who find idea! The salespeople keep their existing territories and customer bases on a strictly need-to-know basis that you have or. May impact your rights to severance—and even your next job have revenue of nearly $ 1.5 billion, and services... Our Day 1 M & a integration consulting services to severance—and even your next.! As a result of the current employees at both companies employees, managers, and went! Much notice will we receive from the media calls to ask before a merger or 2... Acquisition 4 rumor mill my job perks, and Paid Website Subscribers can access resource... Every merger is different, and both went public and then went private.... How does the way they do business differ from the new organization may encounter during a merger when! Gain any new benefits due to the new organization equal companies coming together Paid Website Subscribers can this... These employees would likely have its own unique requirements the role technology play! To work for the new organization more aligned towards the company continue to participate in contribute... Customer bases we do business office rumor mill probation periods are between three months a! Employees find out that their employer is for sale, they ’ re to! Can create all the above are common reasons a company is undergoing a merger or acquisition will create questions... This reason, Sellers should tell employees about a potential sale on a foundation of kindness and.... To remain with the new entity short-term or long-term plans to integrate these products the benefits...

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