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3 Tips for Employee Enrolment Solutions After a Merger or Acquisition

Author: Js Benefits
by Js Benefits
Posted: Jan 12, 2018

Merger and acquisitions are common among companies. This is done to leverage and share physical and financial resources.

Whenever these mergers and acquisitions take place, more often than not, HR is the last one to find out.

There are several implications of a merger or an acquisition for the HR team; they have to update policies for the existing and new employees.

If the communication of benefits is lost during these disrupting business deals, it can impact the success of the merger. It is really important to be clear about employee enrolment and ensure that all employees understand it, so that the organization can move toward a more collaborative future.

Here are 3 tips to ensure that can ease employee enrolment after a merger or acquisition:

Employ multiple channels

After an acquisition, the job of the HR is to enable current and new employees to make an informed decision about their benefits. Employee benefits play an important role in overall job satisfaction, so ensuring that employees understand their benefits is vital.

Employee multiple channels of communication to help employees understand their benefits and effectively utilize them. One of the ways of doing it is acquiring an Employee Navigator.

It’s an HR platform that provides online access to employee benefits. With this technology, employees can get complete information about their benefits and enroll accordingly.

Counselors

In order to ramp up the communication and education of the employees, benefit counselors can step in. This will ensure that new employees quickly learn about what’s available, and keep existing employees informed about their passive enrolment.

Counseling is also a great way to educate employees about what’s best for them when selecting their key person benefits, health plans, etc. Counseling is a great way to ensure active participation of employees in the enrolment process.

Embracing change

Even though benefits education is important to keep employees informed about their benefits throughout the year, it is even more important after the merger or acquisition.

It is an opportunity for the company and its employees to embrace the change and look for ways to improve themselves. Therefore, all the existing employees should be encouraged to actively participate in the enrolment process and asked to see this as an opportunity for improvement.

JS Benefits Group are employee benefits consultants in Pennsylvania, dedicated to empower employees by educating them about wellness programs, benefits and private exchange.

Get in touch with them through email info@jsbenefitsgroup.com or give them a call on (877) 355 – 6070.

About the Author

The private exchange quote group health program allows employees to opt for health plans tailored to their needs.

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Author: Js Benefits

Js Benefits

Member since: Oct 28, 2017
Published articles: 12

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