Guide
Compensation (and communication) inspired by M&A activity
In a volatile market, mergers and acquisitions (M&A) are a key challenge for managing workforce concerns, especially in retaining top talent. Effective compensation management is crucial before, during, and after M&A activity. Payscale's approach to post-M&A pay adjustments included comprehensive benchmarking, market analysis, and enhanced pay transparency, coupled with thorough communication and training. By harmonizing compensation practices, Payscale unified its workforce across three merged companies. Best practices for M&A pay adjustments include aligning compensation elements, assessing budgets, and implementing sustainable, transparent pay strategies to support retention and employee engagement.