Increasingly, I am noticing that during these turbulent economic times that many small to medium organisations are merging or being bought out by bigger ones. This has got me thinking about what happens psychologically to the people who were once in a small business and now find themselves propelled into a much larger organisation. I canvassed some people I know who have just gone through this situation and their comments were quite shocking, here’s a flavour:
- ”I felt like all the efforts I had put in over the last few years were now not valued as there was an existing Talent administrator in the bigger company and was doing things her way.”
- “My manager seemed to be as lost as we were, the perception of the bigger organisation was them as the ‘rescuers’ and we were not really that good, after all we had to be ‘rescued’. Morale dropped massively and personally many of us feel inadequate.”
- “ We were told that any job role allocation would be done fairly and that as part of the smaller org. that we would not be disadvantaged. In reality, what happened is that the new Operations Director had already picked his team and interestingly, none of them were from our organisation.”
- “I have found it all very frustrating and exhausting, wondering what job you’ll get; whether your colleagues (who are also friends) will secure a job and above all it’s the rumours and gossip that just grind away at your self-esteem, I chose to leave the organisation in the end, I couldn’t take it.”
- “I hate going to work and being, ‘looked down on’ by the company we have merged with. The existing staff have made no effort to welcome us and my colleague hit the nail on the head by saying they felt ‘wrung out’.”
It doesn’t make pleasant reading does it? I spoke to 15 people about this and only 2 had a positive story. Okay the sample was small etc. etc. but I wonder are other people’s experiences much different? What do you think?
When we’ve worked with organisations going through so much upheaval we have had to emphasise to our clients that you cannot over communicate to staff – even when there is no news – tell them. What I think this does highlight is that the psychological wellbeing of people going through mergers or buyouts cannot be underestimated and maybe it’s time for the Directors and Strategists when scoping their plans to merge that they factor in how they will fund and manage the psychological wellbeing of all employees involved, after all, the stigma of poor employee morale can stain an orgnaisation for a long time.
Have you been through a similar situation? It would be great to hear your experiences…