In many cases, the people costs are some of the highest costs an organization has — which presents both opportunity and risk. Exploring the opportunity and risk ahead of a merger or acquisition is known as the HR due diligence process. Co-hosts Beth Garner and Joanne Szupka sit down with Liza Mack, who is the Managing Director, Workforce in Transactions Leader for Global Employer Services at BDO, USA to discuss the process for and benefits of reviewing how a target supports its workforce before the deal is signed.

Key Takeaways:

[03:04] Introduction of Liz Mack

[05:51] How is HR due diligence defined?

[10:21] Review of other terms that fall under the umbrella of “transactions,” including merger of equals, bolt on, tuck in, divestiture, and spin off

[14:29] Real-world examples of successes and failures seen with transactions

[23:59] Benefit of HR communications before and after the close of the transaction

For more information on this topic, read Liz Mack’s article on the 8 Reasons to Do HR Due Diligence here or email us at BDOtalksERISA@BDO.com.

Resources:

BDO.com

Beth on LinkedIn

Joanne on LinkedIn

Liz Mack on LinkedIn

Insight: Why HR Due Diligence is an Important Step in a Transaction