Updated with respect to the National Labor Relations Board’s August 2023Stericycle ruling, which adopted a new legal standard for evaluating the validity of workplace rules under the National Labor Relations Act.
Mergers and acquisitions can lead to a lot of apprehension within an organization. This resource explores the role HR can play to successfully address the all-important people component in preparing for a merger or acquisition.
Company restructures like mergers or acquisitions are a tremendous opportunity for HR professionals to really shine. HR needs to be proactive in preparing for the restructure and should take the lead in gathering information from both companies (or more) and conducting a comparison study or a "cultural compatibility assessment." The results of that study are so significant that they can affect the price of the acquisition, set the course of the new company's trajectory, or even raise issues that cancel a merger or acquisition altogether.
This checklist may be used to assist in the process of preparing for a merger and acquisition and determining the risk factors involved. It may also be used to ensure seamless integration once the transaction has been completed.