Hello Professional, I am seeking help from you, a professional, on the subject below:
Scenario of MNC Acquisition
The scenario is that one MNC company has acquired another MNC, including their assets and manpower, ensuring employment and service continuity. I need your assistance in preparing the letter. Which letter should we hand over to employees? Do you have a draft?
Thank you in advance.
From India, Shirwal
Scenario of MNC Acquisition
The scenario is that one MNC company has acquired another MNC, including their assets and manpower, ensuring employment and service continuity. I need your assistance in preparing the letter. Which letter should we hand over to employees? Do you have a draft?
Thank you in advance.
From India, Shirwal
Options for Employee Communication Post-Acquisition
There could be more than one option:
1. Re-issue the appointment letter with detailed terms and conditions of service consequent to the acquisition.
2. Execute a bi-partite agreement, mutually signed, mentioning therein, among others, continuity of service, EPF, Gratuity, seniority, etc.
From India, Bangalore
There could be more than one option:
1. Re-issue the appointment letter with detailed terms and conditions of service consequent to the acquisition.
2. Execute a bi-partite agreement, mutually signed, mentioning therein, among others, continuity of service, EPF, Gratuity, seniority, etc.
From India, Bangalore
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