HR Due Diligence is a key area of due diligence in any merger or acquisition opportunity. The success of a merger will largely likely in the people, culture and organisational aspects. The key issues and risks should be identified and understood as early as possible.
Major areas for identification include;
- Organisation structure
- Workforce skills and talent
- Management and leadership
- Pay and benefits
- Culture
- Employee relations and industrial relations
- HR and talent management processes
- Staff turnover and retention
- Contracts
- Employment legislation and compliance
The detailed analysis of the above areas should provide the management team and Board with the information needed to identify key strengths, issues, costs and risks from a whole people, culture, talent, HR and organisation perspective.
A comprehensive picture of HR (people, process, organisation, culture and technology) is essential in any merger or acquisition.
Guidance and support on addressing identified HR issues and risks, managing pre-merger discussions, identifying post-merger organisation structures and preparing a post-merger HR integration plan will lead from the HR due diligence. Opportunities for consolidation, harmonization, HR efficiencies and cost savings will be identified and programmes developed from there.
Contact us to learn more about how we can help you with our comprehensive and effective HR Due Diligence process.