The Effects that a Merger and Acquisition Can Have on Employee Morale

Joseph Ackerman, Head of Clients Services, discusses the very real impacts that he has witnessed over his career of a merger and acquisition have had had on the morale of employees.
 
NEW YORK - Oct. 23, 2016 - PRLog -- "The effects can be significant and have some very negative impacts if they change is not handled correctly. The fact is no matter what occurs you are always dealing with at least two groups of employees, which often come from distinctly different cultures and management styles. Here lies the first problem people inherently hate change, learning and adopting a new culture can be a challenge at the best of times and this is compounded when employees are faced with uncertainty about what the future may hold and whose job is on the chopping block."

"This can lead to high levels of stress due to the fact that they are not directly involved in the decisions that impact their jobs and lives and this can lead to a negative impact on morale if not handled effectively. That is why when we are on the ground when these occur that Bergam Shultz ensure that communication is at the top of the agenda; we strive to ensure as much information as possible is made available, most of importantly of which is how the change will affect the individual employees as we possibly can."

"At the end of the day this is centric around fear of job loss. It is rare for two organizations to have the same culture since as these two groups get to know each other there are going to inevitably going to be conflict and perceived and/or real losses on both sides of the fence. It is different for everyone involved, some people will fear losing their jobs outright, while others will look at what might have been with opportunities that they formerly had. We highlight to the organizations involved the importance of managers and HR staff to recognize this and to openly address concerns before they become a problem and to nurture the creation and involvement in a new culture that will encompass the best of both worlds."

"The most damaging of impacts is the competitiveness that is a result of concerns regarding their own job security and individuals are more likely to become competitive with others and this can often manifest itself as conflict, in extreme cases even violence. This is why it is so important to have a team like Bergam Shultz to guide and advise the managers and HR professionals to be alert for the signs of negative competition and to minimize the negative impact of this form of competitiveness. That is not to say that some competition is good, however when it creates tension and negative conflict within an organization it is a different matter."

If you have any questions regarding this artcle or want to find more about how Bergam Shultz can help your company through the sometimes challenging times that are associated with mergers and acquisitions then simply get in contact and arrange an appointment to speak to one of our experts.

https://bergamshultz.com/

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