Firstly, there’s the challenge of maintaining a positive Businesses need to ensure that the new, consolidated Globally, Mergers & Acquisitions (M&A) hit record experience for existing employees. M&As can often be systems are better than, or at least equivalent to, what numbers in 2021, with unsettling, and it’s not uncommon for organizations to existed in the past – and not just a complex and hard-to- focus largely on the consolidation of their leadership team, manage mash-up of previous systems. Ideally, HR and IT while neglecting the needs of the broader workforce. teams should work together to use a period of change as 62,000 As such, employees can end up in somewhat of a holding an opportunity to take a step back, evaluate their overall announced deals, and pattern, and feel they aren’t being listened to, or that HCM systems, and invest in best-practice initiatives their role has been usurped. In fact, almost half (47%) of moving forward. all employees leave a business within a year after a M&A Thirdly, there’s the ongoing challenge of capturing 2 $5.1 trillion takes place, and 75% leave within three years. employee sentiment – and data relating to their in publicly disclosed deal values. needs and priorities – and using this information in This can have a huge 昀氀ow-on e昀昀ect in terms of a meaningful way that adds value both to employees, productivity, continued growth, and the experience and to the business as a whole. Being able to accurately According to PwC’s latest Global M&A Industry Trends enjoyed by remaining employees. Yet, in so many capture and analyse data requires having sophisticated Report, a “trifecta of low operating costs, lower regulation situations, the employee experience is often overlooked tools in place, and it’s vital that these tools are given and taxes, and even lower interest rates, have helped or is an afterthought during a M&A. Often, it’s tackled a su昀케cient amount of focus and priority during companies achieve year-on-year earnings growth, later in the piece – when the dust has settled – which for a M&A period. pushed stock markets to seemingly endless record highs, many employees, isn’t enough. 1 In this eBook, we provide some deeper insights into the and generally spurred M&A.” Secondly, with any M&A, there’s the very signi昀椀cant HR challenges associated with Mergers & Acquisitions, While embarking upon a M&A can strengthen challenge of bringing together disparate tools, processes explain how these challenges can be addressed, and an organization’s position in the market and unlock and infrastructure – merging existing HR databases and detail the ways in which Rizing and our technology a range of strategic bene昀椀ts, they also come with information without any lapse in delivery, and without solutions can help. some major challenges – particularly relating to HR. losing any critical employee information. 2