During an acquisition, what is the goal of human resources due diligence? What should you bear in mind? Marie-Hélène Daigle, VP Human Resources, Agribusiness Division at La Coop fédérée, shares her advice.
The goal of human resources due diligence
"Human resources due diligence will allow you to see whether or not the transaction is feasible and viable."
A few points to keep in mind
Pension plans. Find out whether they are defined contribution plans or defined benefit plans. These vary in cost and each affect the organization differently.
Remuneration. What are the pay rates in the target company? Is there a difference with the rates in your own organization? If this is the case, do you want to harmonize everything? “Keep in mind that when employees are part of a transaction like this, they tend to have expectations,” said Ms. Daigle.
This video was produced in collaboration with Services Québec de l’Île-de-Montréal and the Ministère de l’Économie, des Sciences et de l’Innovation as part of the Acquistion initiative, co-presented by Fonds de solidarité FTQ and Osler Lawers.