HR Acquisition Integration Checklist

In-depth HR Acquisition Integration Checklist that covers compensation, retention, deferred compensation, severance, health insurance, COBRA, LTD, STD,  401(k), pension, communications, recruiting, data conversion, organization structure, workers compensation, training & development, educational assistance, travel & expense, plus 7 additional areas.

Compensation

• Map Acquired Company's roles to Acquiring Company's roles 
• Communicate changes to salary grade and/or pay adjustments
• Determine if and what level of salary structure detail will be provided
• Exec Compensation: new titles and pay

Retention

• Identify Acquired Company's Stay Bonus Candidates
• Execute Acquired Company's Stay Bonus Agreements
• Track Acquired Company's Stay Bonus Agreements
• Process Acquired Company's Stay Bonus Payments

Deferred Compensation

• Recordkeeping conversion from Acquired Company's Plan to Acquiring Company's Plan
• Communicate any plan changes due to integration
• Communicate plan eligibility and provisions in advance of enrollment period 
• If needed, minimal required changes to Deferred Compensation contracts
• Key employee determination process and compare to ensure appropriate application this year.

Severance

• Process Acquired Company's Tier I & Tier II severance requirements
• Develop Severance Tracking Process to ensure Acquired Company's severance plan is adhered to per agreement through 12/31
• Ensure Acquiring Company's plans don't require amendments to prevent Acquired Company's participation Day 1
• Determine impact to Tier I & Tier II Severance for Acquiring Company's employees

Health and Rx

• Ensure Acquired Company's employees receive credit for co-pays and deductibles on Acquiring Company's Plan
• Ensure Acquiring Company's plans don't require amendments to prevent Acquired Company's participation Day 1
• Evaluate amendments needed for Acquired Company's medical trust account used to fund expenses
• Notify Acquired Company's medical trust administrator of contract termination effective April
• Terminate Acquired Company's medical trust
• Convert Acquired Company's retirees into Acquiring Company's Plan Terminate Acquired Company's retiree plan

Download file to see the complete checklist including COBRA, LTD, STD,  401(k), pension, communications, recruiting, data conversion, organization structure, workers compensation, training & development, educational assistance, travel & expense, plus 9 more HR areas. 

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