An employee is worried about job security during a merger. How can you help ease their fears?
Mergers and acquisitions can stir a pot of anxiety and uncertainty among employees, with job security being a top concern. If you're feeling the tremors of change at your workplace due to a merger, it’s vital to know that there are ways to navigate through this unsettling period. Understanding the process and knowing how to adapt can significantly ease your worries about the future of your position. Let's explore how you can find some peace of mind during these turbulent times.
During a merger, the fear of the unknown can be overwhelming. To alleviate this, you should seek to understand the rationale behind the merger. Companies merge for various reasons, such as expanding their market reach or combining resources for better efficiency. By grasping the bigger picture, you can better anticipate changes and see where your role might fit in the new structure. Knowledge is empowering and can help reduce the fear associated with change.
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Abdulrahman I. AL-Alsheikh
Change Management || Strategic Communications || Strategist || Corporate Culture
The uncertainty can truly be overwhelming for employees worried about job security. One thing I've found helpful is to understand and communicate the reasons behind the merger. Companies typically merge to expand their market reach, improve efficiency, or combine resources, which can lead to new opportunities within the organization. By sharing this bigger picture and specifically what’s in it for them, you address the human side of the equation. Employees are driven by emotions and personal impact, so highlighting potential benefits such as career growth opportunities, enhanced resources, or new skills development can help alleviate their concerns. Keep the lines of communication open, transparent, and empathetic. Good luck!
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Mona M.
Create Environments Your People Thrive in (not just survive) and That Support You During Business Growth, Expansion, Change and Transformation | Adaptive Leadership | Learning Experiences & Training for Leaders and Teams
Getting as many facts as possible when there is a change is critical. Don't make assumptions that your job is not secure, some mergers and restructures result in more jobs being created, I know that these words both have negative connotations, however this is not always the case. Ask your manager, attend town halls and read any FAQs or intranet sites with information available to you. Reach out to your human resources team to see if they understand more, proactively seek facts and information to get an objective view of what is changing and how it may or may not impact you.
Communication is key during times of change. You should feel encouraged to voice your concerns and ask questions about how the merger will affect your role. Management should provide regular updates and be transparent about the process. This two-way communication helps build trust and can reassure you that your concerns are being heard and addressed.
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Selenne García Tapia
🎙️Top Voice Gestión del cambio y toma de decisiones | Especialista fintech | Instructora de gestión del cambio | Marketing fuera de la caja | TI | Speaker
Algunas veces en una fusión no siempre se tienen los siguientes pasos claros, por lo que la comunicación con los colaboradores debe ser clara y honesta, de lo contrario creará más confusión e incertidumbre y enfatizar las oportunidades de crecimiento es importante.
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Saurabh Prashar
Leading with vision and purpose, spearheading marketing excellence through strategic innovation, empowering people and organizations to thrive in a dynamic business landscape.
Open Communication: Schedule a one-on-one meeting to address their concerns directly. Provide transparent information about the merger process and how it might impact the team.
In a changing work environment, adaptability is crucial. You should proactively seek opportunities to enhance your skill set to align with the new direction of the company. Whether it's through formal training or self-directed learning, upskilling can make you an invaluable asset during and after the transition, thereby enhancing your job security.
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Saurabh Prashar
Leading with vision and purpose, spearheading marketing excellence through strategic innovation, empowering people and organizations to thrive in a dynamic business landscape.
Career Development: Discuss potential opportunities for growth and advancement within the merged organization. Assure them that their skills and experience are valued and will continue to be important in the new structure.
Building strong relationships within your organization is more important than ever during a merger. Networking with colleagues across departments can provide you with allies and a broader understanding of the company's culture and goals. This internal network can offer support and potentially open up new opportunities within the merged entity.
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Nicole North, MBA
President @ Whiteboard Consulting | Creative Leadership Learning Solutions
Mergers can trigger job security concerns. Proactive employees can ease anxieties by building strong internal networks. Connecting with colleagues across departments fosters a broader understanding of the merged company's culture and goals. This network provides valuable support and potentially opens doors to new opportunities within the evolving organization.
While it’s important to focus on maintaining your current role, you should also consider the broader career opportunities a merger might present. It could be a chance to pivot to a different role that aligns with your career goals or the new company's needs. Keep an open mind and be prepared to adapt to new roles that may emerge.
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Nicole North, MBA
President @ Whiteboard Consulting | Creative Leadership Learning Solutions
Mergers often present unforeseen career paths. Don't solely focus on retaining your current position. Evaluate the broader landscape - new roles might align perfectly with your career aspirations or the merged company's needs. Embrace an adaptable mindset and explore the exciting possibilities that may arise from the consolidation.
Maintaining a positive outlook is essential for your well-being and performance at work. Even in uncertain times, staying focused on delivering your best work can demonstrate your value to the company. Positivity can also influence those around you, contributing to a more constructive work environment during the merger process.
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Lucia Maxim
Star Assembly Sebes 8 FDCT
In my opinion: The Attribute Assessment is a highly-validated tool showing how a manager or potential hire thinks and make decisions—allowing organizations to identify how well an individual's decision-making preferences align with the current or intended role. Organizational Attributes store organizational information, like distribution list names and security levels.
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Khilola Shukurova
Vice President Marketing EMEA I APAC & Emerging Markets I Global Marketing I Medical Devices I Wound Care I Sports Medicine I Orthopaedics & Robotics I Consumer Healthcare I Non-Executive Director
The truth is that everyone receives messages differently. While some flourish with ambiguity and see every "No" as an opportunity, others feel stressed and need more assurance until they have 100% control. People are different. A useful approach is to ensure consistent and frequent communication, organize upskilling training, and maintain a positive environment. This should be coupled with opportunities for conversation, feedback, and support.
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