Agenda

  • Approach
  • Acquired Co Employees Impacted In 3 Ways
  • Required Co Employee Selection and Placement
  • Engaging with Acquired Co Employees Pre-Close
  • Rules of Engagement
  • Selection Process for Functions Being Scaled Back
  • Step 1: Workforce Planning Results in Acquirer Talent Needs
  • Step 1: (Cont.) Workforce Planning Identifies Acquired Co Positions Being Affected
  • Step 2: Candidate Pooling Identifies the Talent to Be Assessed
  • Step 3: Selection Will Be Driven by Assessment of Experience and Performance
  • Step 4: Employees Not Selected Will Be Considered for In-Placement and Out -Placement    
  • Guidelines for Selection
  • Service Eligibility
  • In-Placement Services
  • Pre-Notification

Step 1:  Workforce Planning Identifies Acquired Co. Positions Being “Affected”

An “affected” position is a job in which:

  • The number of current positions is reduced
  • The position is moved to a new location
  • The position changes more than 20% (degree of job change “ determined using a number of criteria, including an externally conducted job evaluation, if necessary.)
  • The position is eliminated altogether

Only incumbents in “affected” positions will undergo the selection process

  • If a position is not “affected”, the employee will be automatically transitioned to Acquirer
  • If the position is eliminated, the employee proceeds automatically to in-placement/out-placement ...


Slide titles:



M&A Talent Selection Plan

Agenda

Approach

Acquired Co. Employees Impacted in 3 Ways

Acquired Co. Employee Selection and Placement

Engaging with Acquired Co. Employees Pre-Close

Rules of Engagement

Selection Process for Functions Being Scaled Back

Step 1A: Workforce Planning Results in Acquirer Talent Needs

Step 1B: Workforce Planning Identifies Acquired Co. Positions Being “Affected”

Step 2: Candidate Pooling Identifies the Talent to be Assessed

Step 3. Selection will be Driven by Assessment of Experience and Performance

Step 4: Employees not Selected will be Considered for In-Placement and Out-Placement

Guidelines on Selection

Service Eligibility

In-Placement Services

Pre-Notification