Considering a Business Merger- Human Resources Management

Essay by prncss001University, Master'sA, October 2008

download word file, 6 pages 4.0

Consider Business Merger:American citizens are recognizing how the economy is unsteady and people are struggling, companies are struggling too; due to the struggle, businesses merger each day because of the failing resources or business practices on the part of poor management and forecasting in the organization. Typically when a business considers a merger it is almost the last resort. When a company merger the company needs to consider things about the buyer interested in purchasing the business and the seller who is losing the organization. Businesses have to estimate their value and provide this advice to their prospective buyers. The major role for human resources management to consider when a merger or acquisition comes about would be to work with speed to integrate staff, develop and organize top level management, assess the appropriate resources for the company, retention and reduction of staff, development strategies for new company, work on implementing open communication between the two companies, and integrate HR practices to develop a new bond for these two companies coming together.

When an organizational is in the process of a merger staff members are all on pins and needles trying to figure out if they are going to lose their jobs or have to take on more responsibility with the new company. It is extremely important to keep employees abreast of all merging matters when it comes to their jobs. It is in their and your best interest to inform your employees how their positions will or will not be affected by this merger. Once this is done the as the merger happens HR needs to develop a new employee handbook which will establish the new rules and regulations of the new company. "Although employee participation doubles in the post merger phase, workers continue to be the least involved internal...