Merger/Acquisition

Cross-Border Talent Retention

Maintain your HR infrastructure during a Merger, Acquisition, Spin-off, or Carve-out

How can an EOR help in a Merger, Acquisition, Spin-off, or Carve-out?

A reliable EOR partner can help make the transition process smooth for businesses going through a merger, acquisition, or spin-off. Once a transaction closes, payroll, benefits, and other HR processes are typically disconnected from the original company and transferred to the new one.

This means that the newly formed company will need new structures and solutions in place before the transition is complete — adding complexity and urgency to the process. The EOR provides all of this HR infrastructure ‘off the shelf,’ enabling the buyer or new company to transition their team quickly and smoothly after the transaction closes.

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How does the process work?

To ensure the transition is as efficient as possible, we will need to assess how we can best replicate the current systems and benefit offerings.

Remofirst can provide a detailed side-by-side comparison, covering topics like health, dental, vision, and pension plans, as well as specific issues like replicating payroll schedules, technology solutions, integrations, and reporting capabilities.

Another important consideration is employee tenure or seniority. In most countries, the longer an employee is employed with the same company, the more benefits they accrue. These could include additional notice periods for termination of employment, extra paid time off allowances, and more.

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Benefits of using an EOR during a Merger, Acquisition, Spin-off, or Carve-out

Reduced administrative burden

EORs can take over the administrative tasks associated with hiring and managing employees, such as payroll, benefits administration, and tax withholding. This can free up time and resources for you to focus on other priorities and aspects of the transition.

Guaranteed compliance

EORs have expertise in employment laws in multiple jurisdictions, so they can help you ensure your business complies with all applicable laws and help protect it from costly fines and penalties.

Better employee morale

Employees who are going through a corporate restructuring process may feel anxious or uncertain about their future. An EOR can help to reassure employees that their employment is secure and they will continue to receive the same benefits and protections they had before. This can help to reduce employee stress and improve morale.

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Testimonials

What our customers are saying

"The customer support at Remofirst has been amazing — I love that our team has a dedicated account manager to help us with any things that come up for our remote team members, such as issuing work permits. I was looking for a simplified EOR service where I didn’t have to be so involved and could just pass our remote candidates along to be onboarded. Remofirst has made this experience very easy and personalized for us, and I am happy to be working with them to employ our team members in other countries."

Janice Kay Mamo - Human Resources Manager @ Weavr

"Remofirst allows us to compliantly hire and manage employees in countries where we don't have an entity, in a cost-effective manner. This is helping Creatio scale its team worldwide and save time and costs while doing so! They had the best pricing of all the EORs we talked to, and the process of getting started was smooth even though we had a lot of questions. Their team is very kind and attentive in their support, and the platform has been easy to navigate. We just finished our onboarding and are excited to be working with Remofirst!"

Olivia H - Global HR Manager @ Creatio

"We had a candidate that we really wanted to hire, but she is in a different country, so we needed to use an EOR to make that happen safely and legally for both parties. Remofirst handled the contract and onboarding, and will now handle the payroll, making sure everything meets legal requirements. While their pricing is competitive, the real advantage of using Remofirst is their customer service and transparency. We were completely new to the world of EOR, and we had a specific person we wanted to hire, in a pretty short timeframe...but they happened to be in another country. Our Account Executive was helpful, responsive, and patient with our many questions, and offered us competitive pricing. Then the Customer Service Team got us all set up and ready to go with a quick turnaround."

Kelly R - Math Made Visible

"Remofirst has helped us expand our team globally while managing the complicated tasks like termination processes in different countries. Their customer support is available at any time of day and always remind us when our contracts need to be updated. I can’t imagine what my life would be like without Remofirst."

Anna Tylechkina - Talent Acquisition Specialist @ Makini

"Remofirst allows me to be employed remotely and be compliant in the country where I live. It is also super helpful when submitting and managing expenses. Altogether, it is an excellent addition to the main HR platform I use with its admin capabilities.I like how simple and intuitive the platform is. The navigation is clear, and the functionality is more than adequate, though. Getting things done on the platform is straightforward."

Martin P - Head of Marketing @ BetVictor

"Remofirst’s pricing stood out to me among competitors, along with their 24-hour support, which is important when you’re hiring people around the world. Their platform has been easy to use and our onboardings have been smooth. I would definitely recommend using Remofirst as your EOR for any global hires."

Kaniyet Rayev - Co-founder and CEO @ Appboxo