Mergers and Acquisitions
During times of mergers and acquisitions few departments are busier than the HR department who have their work cut out harmonising employment contracts and policies, handling redundancies and building a new unified culture. On top of this they are often bombarded with individual employee queries about their restructured benefits package and pension entitlements. Many of these queries the HR department is unable to answer under the Financial Services Act.
clarity offers a personal financial planning service to staff which helps firms communicate benefit changes to staff, enabling them to relate the changes to their individual circumstances and to plan better for their future. From the employees' perspective this can help reduce the stress of mergers.
For a fixed fee paid for by the employer we can provide one-to-one advice for each employee on any financial issue surrounding employee benefit changes, including:
- Easy to understand benefit statements
- Comparison of old and new packages
- Making top-up arrangements for pensions and insurance
- A financial review
- Share options planning
For large groups of staff we can devise bespoke seminars to explain their new benefits package which can be backed up by telephone and e-mail helplines.
For each of our clients we devise bespoke solutions to suit your individual needs and budget, which are based upon our core services.
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