A lot of companies have been struggling lately, and I expect we will see quite a few of them selling divisions, or even being acquired. As a consultant, you may find your clients figuring out how best to retain valuable talent. As a line manager, you may need to oversee an organization as it is downsized, merged, or phased out. As an employee, you will certainly be thinking about your long-term future with the company.
After you hear the news, you will start thinking about how to make the most of this situation. You will want to insure your clients’, employees’, or your own compensation for a period of time. It can be difficult to negotiate during such times, so seeking advice from an attorney, or career counselor will stand you in good stead.
Take a look at this article for some ideas to consider if you find yourself in this situation:
My Employer is Selling My Division....
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