During times of change it is important to have the support and expertise of an employee benefits consultancy that understands your business and its objectives.
When mergers and acquisitions take place, reward and remuneration strategies can often vary from one group of employees to another. For an employer, this can often make it feel as though you are trying to manage several different businesses. This does not have to be the case.
Whilst TUPE legislation must be observed, it is important for employers to determine whether these benefits are contributing to their reward strategy in the context of their overall corporate goals. Additionally, the management of employees with differing entitlements can result in conflicting procedures and inconsistent human resources management.
An effective harmonisation project can help your organisation align pay and benefits, amalgamate acquisitions, harmonise legacy contract terms and reduce overall costs.