Companies
are focusing too much on the deal during a merger or acquisition to the
detriment of vital HR issues, a legal firm claims.
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Eversheds
says the long-term success of these deals is threatened unless HR issues, such
as changing terms and conditions, Tupe, redundancy, relocation, unions and
communications, are all dealt with adequately. There were 3,500 mergers and
acquisitions in the UK last year.
David
Beswick, partner at Eversheds, which is holding its employers’ convention in
Brighton this week, said, “There has been an avalanche of employment
legislation over the past few years and, against a background of increased
employee litigation, employers need to invest considerable time covering all
the bases.”