04:05 GLOBAL
Diary of an HR Manager
Saturday 9.39 a.m. A text from the CEO: would I be free for a call at 11 o’clock? and apologies for interrupting the weekend. That was highly unusual as weekends are sacred unless something big was happening. I replied yes. 11.48 a.m. OK. The deal was on, and the Board had accepted the offer subject to a few contractual issues. So far, I was the only one
Key points: The businesses would remain separate for the foreseeable future, but everything would be relocated from London to the buyer’s offices in Peterborough. What was yet to be determined was the number of our people who would be offered work in Peterborough and that is when formal consultancy needed to be initiated.
outside of the Board who knew about this. A detailed report on our workforce, jobs, costs and tenure was needed to form part of the ‘Employee Liability Information’ for the Board to discuss with the buyers. I jotted down the report headings I would need to provide the full report and poured more coffee. I had jotted down the gist of what the CEO had told me about the deal.
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GLOBAL PAYROLL MAGAZINE ISSUE 10
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