What do we need to consider as financial managers from an employee perspective when mergers or acquisitions occurs?
Human resources management during mergers and acquisitions is one of the most complex tasks financial managers have to handle. From the employee perspective, these managers must create new policies that will guide the new organization after an M&A. In such situations, some employees are always certain of losing their jobs. While key employees are often retained, organizations should provide colorful recommendations for those who lose their jobs. Finally, financial managers have to develop new compensation strategies and create comprehensive employee benefits programs.