10 Key HR Responsibilities in M&A
- Develop Workforce Integration Project Plan
- Conduct HR Due Diligence Review
- Compare Benefits and Analyze Differences
- Compare Compensation Analyze Differences
- Develop Compensation and Benefits Strategy for Workforce Integration
- Determine Leadership Assignments
- Addressed Duplicate Functions
- Prepare Employee Communication Strategy
- Define Transition Data Requirements
- Develop Employee Retention Strategy
1. Develop Workforce Integration Project Plan
- Assign accountabilities to individuals.
- Assign deadline dates.
- Obtain disclosure approvals, if necessary.
2. Conduct HR due diligence review.
- Complete due diligence checklist; collect and review data.
- Evaluate potential liabilities.
- Communicate concerns to those negotiating the deal.
- Determine adjustments or actions necessary.
3. Compare benefits and analyze differences.
- Complete benefits comparison of Acquirer and Acquiree.
- Compare and assess differences or concerns.
- Summarize differences.
4. Compare compensation and analyze differences.
- Complete compensation comparison of Acquirer and Acquiree.
- Compare and assess differences or concerns.
- Summarize differences ...