“How to we minimize disruption through times of change?”
Whenever two companies combine into one (or one company splits into two), you can count on it being a busy and stressful time for the HR and Benefits teams. A multitude of decisions have to be made – and quickly.
With emotions often highly charged, Curcio Webb can be a warmly welcomed steady hand, easing tensions between team members and creating a smooth transition to the new situation.
Mergers and Acquisitions
As two companies become one, the new company must decide:
Which providers will you use?
Is now a good time to conduct a full marketplace evaluation?
How are cost structures going to change?
Can we take advantage of economies of scale?
Similarly, when a new company is formed, decisions made by the parent company are no longer always the best choice for the spin-off company. The new company may need help determining:
Internal staffing requirements
How to support payroll, HR & benefits during the transition and long-term
Whether new, more appropriate providers & systems must be found.
Curcio Webb has supported numerous companies facing these scenarios. The sooner we get involved, the more opportunity we have to create an ideal outcome.