Labour costs typically represent a major component of a business’ cost base. Historically, organisations engaging in a transaction or restructure have been unable to understand potential efficiencies/synergies in the labour force due to a lack of data and rigour. The result is that, often, such opportunities are not realised either during or after the transaction.
Our team seeks to bring a rigorous, measurement-based approach to understanding the labour issues associated with a transaction. Using our proprietary benchmarking capability, we can benchmark organisation performance in key workforce metrics, enabling us to determine, and quantify, potential labour efficiencies and synergies.
The metrics used in our approach focus on the key areas of workforce productivity, organisational and functional structure, roles and capability, HR process, interplay of labour, systems and processes, sales force effectiveness and reward structures.
Key areas for consideration
- Measuring workforce capability, engagement and productivity
- Analysing cost of employee turnover and absence
- Reviewing organisational and functional structures to identify potential efficiencies
- Identifying opportunities for process improvement - in particular, labour, technology and operations
- Implementing sophisticated variable pay system linked to profitability
- Reviewing synergies outlined in Due Diligence
- Reviewing executive contracts
How PwC can help you
We can assist you to:
- Understand the labour landscape and the health of the workforce
- Determine and quantify the impact of labour-based synergies on the bottom line
Our services include:
- Pre-deal due diligence
- Post-deal transition
- Management assessment
- Workforce restructuring
- Interpreting data from PwC global databases - in particular, workforce, organisation activities and remuneration (executive and broad based)
- Workforce retention, engagement and performance management
- Reward transition (including pay, incentives and share schemes)
- Employee communications
- HR service delivery
- Cultural assessment
