Meeting Objectives
Discuss how all retention, severance, outplacement, transition and synergy-linked incentives will support the goal of engaging and motivating people to perform and behave appropriately through the transition period
Agenda
- Meeting Objectives
- Timing of Announcement of Job Status to All Employees
- Timing Dependencies
- Timing of Announcement of Tier 1 Organization Design and Staffing Decisions
- Pre-Close Retention Incentives Acquirer
- Severance for Acquirer Employees Post -Close
- Post -Close Outplacement Services
- Transition Incentives
- Post -Close Incentives Linked to Synergies
- Organization Design ,Staffing, and Retention Interdependencies
- Interview Process
- Transition Agreements
- Severance
- Reductions in Force
- Staffing Q&A
- Staffing Deliverables
Timing
Agree on a date when we can provide answers to all employees in the combined organization on their employment status (i.e., Close plus 30, 60, 90 days)
- Group One: People who have jobs with the combined organization
- Group Two: People who do not have jobs with the combined organization
- Group Three: People who are needed temporarily through a specified transition period, but not permanently
Work backwards from that date to determine when Tier 1 org. design and staffing decisions must be made to support that decision, respecting the fact that certain hurdles must be cleared (i.e., shareholder vote, regulatory approval, or Close)
Slide titles:

Post-Merger Staffing and Retention

Agenda

Meeting Objectives

Meeting Objectives (cont.)

Timing of Announcement of Job Status to all Employees

Timing Dependencies

Timing of Announcement of Tier 1 Org. Design and Staffing Decisions

Pre-Close Retention Incentives Acquirer

Severance for Acquirer Employees Post-Close

Post-Close Outplacement Services

Transition Incentives

Post-Close Incentives Linked to Synergies

Org. Design, Staffing, and Retention Interdependencies

Interview Process

Transition Agreements

Severance

Reductions in Force

Staffing Q&A

Staffing Q&A

Staffing Q&A

Staffing Q&A

Staffing Deliverables