MERGERS & ACQUISITIONS: HUMAN RESOURCES CHECKLIST Presented by Polley Insurance and Risk Management Date:
Review conducted by:
During a merger or acquisition, the entire structure of a company may experience massive changes. All working parts must undergo review, but one of the most important is human resources. Personnel information needs to be updated, daily functions may change and have to be reassigned, employee guidelines might need to be rewritten, etc. To make sure your company is not left in upheaval after a merger or acquisition transaction, review the following and update each item as needed.
MANAGEMENT Organization chart Management functions Employee handbook and policies Employee guidelines Employee contracts Employee directory
REVIEWED? YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS
REVIEWED? COMPANY BENEFITS AND GUIDELINES Job descriptions Planned vacations Paid time off Benefits offerings Any fringe benefits Effective dates of plans/benefits
EMPLOYEE INFORMATION Employee personal information
YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS ON CHANGES MADE
REVIEWED? YES
NO
☐
☐
COMMENTS
This checklist is merely a guideline. It is neither meant to be exhaustive nor meant to be construed as legal advice. It does not address all potential compliance issues with federal, state or local standards. Consult your licensed commercial property and casualty representative at Polley Insurance and Risk Management or legal counsel to address possible compliance requirements. © 2014, 2019 Zywave, Inc. All rights reserved.
MERGERS & ACQUISITIONS: HUMAN RESOURCES CHECKLIST
Emergency contact information Benefits coverage elections Life insurance amounts List of part-time and full-time employees Americans with Disabilities Act and Family and Medical Leave Act (or comparable laws): List of all workplace modifications made for each employee and period of time in which the modification has been and will be in place
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
REVIEWED? PAYROLL Overtime claims Pay schedule Policy or schedule of salary modifications Bonus payments and dates Compensation contracts Vendor contracts for payroll services
LABOR MATTERS OSHA complaints OSHA investigation records OSHA citation records Current labor petitions Current unfair labor practice charges
YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS
REVIEWED? YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS
MERGERS & ACQUISITIONS: HUMAN RESOURCES CHECKLIST
REVIEWED? LEGAL MATTERS
Whistle-blower records Sexual harassment claims records Breach of contract claims records Wrongful termination claims records Any pending employment litigation
YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS
REVIEWED? MISCELLANEOUS YES
NO
☐
☐
☐
☐
☐
☐
☐
☐
☐
☐
COMMENTS