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How to handle the takeover of a production plant in Sweden and ensure payroll processing for its 900+ employees?
In this short video you will learn how outsourcing services helped NKT during a challenging acquisition period.
Challenges the customer had to face
Risk of employees losing their motivation due to incorrectly processed salaries at the new plant
Parallel ongoing IT projects due to the acquisition of the production plant
Change of processes with a view to building “Excellence 2020”, the customer’s own global strategy
Coordination of multiple cooperating entities
Solutions and services provided
Analysis of existing HR processes and SAP HCM implementation
Based on our experience from similar projects, a detailed analysis of all available documents and system settings was carried out, including a personal on-site investigation at the acquired production plant.
The experienced project management team was able to provide the basis for the final decision on the future organisation of HR processes through outsourcing in a timely manner.
Intensive team collaboration
An intensive and effective communication between the Sabris, NKT and ABB teams and all the entities involved in the acquisition contributed to the fact that the takeover of HR processes and full HR and payroll outsourcing was implemented by the required deadlines, including the SAP HCM application support.
These efforts positively contributed to the successful completion of the acquisition process.
Benefits of our solution
Thanks to the win-win approach, we managed to strengthen the credibility of the customer’s HR team in its ability to implement strategic challenges not only in relation to its employees but also vis-à-vis the company management.
Thanks to the successful cooperation, NKT has extended the payroll outsourcing and application support to two other production plants in the Czech Republic.
Thanks to our own methodology on how to conduct an analysis of existing processes and experience in managing and implementing acquisition opportunities in an international environment, it was possible to provide flexible support and guide the decision on how to organise HR processes with regard to NKT’s strategic projects.
The scalability of outsourcing allows us to effectively expand or narrow the service during its provision to include specific activities such as printing and distribution of pay slips, checking and settlement of travel orders, etc.
NKT Group is one of the world’s leading suppliers of power cables for DC and AC voltage. For more than 100 years, it has been creating flexible cable solutions and implementing its customers’ specific requirements into sophisticated turnkey solutions.
NKT cables bring energy to houses, residential, commercial and industrial buildings, power plants and wind farms both on land and at sea.
Find more at www.nkt.com