Human Resource Integration Management After Merger And Acquisitions Of Corporations

With China's entry into WTO, mergers and acquisitions of domestic enterprises in recent years emerge like the bamboo shoots after the spring rain, which has become one of the hottest topics in the country. Although nowadays mergers between global companies are becoming more and more frequent, cases that are proven to be successful are actually very limited. At present, China is the third largest acquisition market in Asia and the total merger value amounts to 1.5% of China's GDP. If judged from its long-term effects, the success rate of our country's company mergers is very low. In fact, the integration of human resources has already become the key factor for a successful acquisition.This paper is a study of the problems of human resources integration experienced during company mergers. With my personal work experience and a real case of China WY Company Ltd, the biggest logistic company in China and its acquisition of HK YL Company, the essay aims to examine company mergers from a human resource management perspective and to provide suggestions for human resources integration for China's domestic enterprises when they conduct the acquisition. In the first chapter, the essay defines what is company acquisition and human resources integration as well as introduces the characteristics of these practices. Also, some possible challenges of human resources integration during mergers are discussed.The second chapter elaborates the problems and countermeasures of one company merger case that I experienced. It compares the different situations before and after the acquisition and presents an easy-to-understand analysis regarding the success and failures of this case.At the end, the dissertation concludes with the success drives of human resources integration for company mergers.