In our experience, the succession process takes at least five years from start to finish. Companies (generally) allow enough time for planning in this regard. We all know that communication is essential in order for a management handover to be successful, but… “Should we also inform the media?” “Is it not OK to just send a letter and call it a day?” If these questions or similar ones arise shortly before a management handover, something has definitely gone wrong. Because, in this case, it would seem that no communications concept is in place. This is regrettable insofar as a lot has been invested in succession planning but with apparently little or no targeted thought given to communications. This “oversight” can have disastrous consequences. Why?Both internally and among a wide range of external target groups, awareness of a management handover triggers the whole gamut of reactions.This is understandable. After all, everything has been ticking along nicely. People know each other and their most frequent contacts, and often have done so for many years. There is a great deal of trust. And security. The daily business is running well and has settled into an established pattern. In this situation, a management handover means

A collective employment contract (CEC) is concluded between employers or their associations and employee organisations in order to regulate the terms and conditions of employment and the relationship between the parties to the CEC. Some of a CEC’s provisions affect payroll accounting. A collective employment contract may contain provisions governing the commencement, specifics and termination of employment. It is therefore essential to always check whether a CEC is in place and to give careful thought to the following when it comes to payroll accounting: