Subsidiary Sale: HR Prepares Employee Census for Potential Buyers
A company, eager to sell a long-held subsidiary, is currently reviewing potential buyers. As part of this process, HR has been tasked with providing leadership with a comprehensive employee census.
The census will include the total current compensation for each employee within the subsidiary. Additionally, it will detail the current roles and positions of all employees in the division. The overall headcount of the subsidiary's workforce will also be provided to give a clear picture of the subsidiary's human resources to potential buyers.
The employee census is a crucial step in the divestiture process, offering transparency and aiding potential buyers in understanding the subsidiary's workforce dynamics. It is expected to be completed soon.