As of September 2018, merger and acquisition deals involving American companies reported a value of $1.3 trillion and represented 40% of all global M&A activity — putting 2018 on pace to break records for corporate consolidation.
Mammoth agreements like Cigna Group’s acquisition of Express Scripts Holding Co. and Keurig Green Mountain Inc’s merge with Dr Pepper Snapple Group are just two examples of the wave of M&A touching companies and industries of all shapes and sizes.
But once the ink dries on the M&A agreement, resource-strapped HR departments often find themselves faced with an overwhelming task. They must unite new and existing employees around a common benefit offering that will likely represent change for all. This requires HR professionals to carefully analyze needs, build the right benefits package and have an infrastructure to support roll-out and employee education.
For many human resources professionals, an M&A project may present itself only once or twice during an entire career. However, these events are routine in our world, and we are here to help.
Join us for a one-hour webinar on Tuesday, February 19th at 1:00 pm central for a deep-dive into common employee benefits issues raised in mergers and acquisitions.