Corporate Transactions & Financing: Don't overlook the existing staff's needs during an M&A
Communication is vital if the employees of the company being merged into are to embrace the process, writes Caroline Allen.
All too often, when a merger or acquisition takes place, the focus is on the company and staff transferring because legislation demands that certain obligations are honoured, according to Fredericka Sheppard, partner, Voltedge HR, while the staff in the existing company are overlooked
"Their needs and expectations are often forgotten about or not always addressed until problems present themselves down the line," she said.
"Change is always difficult but if you allow a situation to...
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