There never seems to be a dull moment in mergers and acquisitions (M&A). In fact, M&A activity is seemingly on the rise. And, it's a timely reminder that such events can lead to unintended consequences in relation to violations for sponsor licenses.
This article in HR Review provides helpful insight to the potential pitfalls which if poorly managed, can have a significant knock-on effect for the rest of the organisation. Are you merging or acquiring any time soon, if so, keep these critical points in mind:
- Inform the home office
- Is a new sponsor license necessary?
- Strict deadlines apply
- Impact on employees
- Assess the broader risks
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