Workforce, contracts, TUPE, pensions, employment-related securities.

• VI.1

  Obtain employee census: headcount, role, location, FT/PT, start date.

  Severity A
• VI.2

  Sample employment contracts for top-20 by remuneration; identify non-standard terms.

  Severity B
• VI.3

  Confirm right-to-work checks held for every employee and contractor.

  Severity A
• VI.4

  Review any settlement agreements, NDAs or restrictive covenants in force.

  Severity B
• VI.5

  Confirm holiday accrual liability and any unpaid balances.

  Severity B
• VI.6

  Identify any current grievance, disciplinary or tribunal claim.

  Severity A
• VI.7

  Confirm bonus, commission and LTIP arrangements and accrued liabilities.

  Severity A
• VI.8

  Review EMI option grants, vesting and any accelerated-vesting trigger on the transaction.

  Severity A
• VI.9

  Identify any growth shares, JSOPs or unapproved options and tax treatment.

  Severity B
• VI.10

  Confirm auto-enrolment compliance and any TPR notices or penalties.[TPR]

  Severity B
• VI.11

  Confirm DB scheme status (if any): funding position, recovery plan, s.75 debt.

  Severity A
• VI.12

  Review IR35 / off-payroll determinations and contractor population.

  Severity B
• VI.13

  Confirm gender-pay-gap reporting compliance (employers ≥ 250).

  Severity C
• VI.14

  Identify any TUPE transfer in or out within the last six years and ELI compliance.[TUPE 2006]

  Severity BAsset-purchase only
• VI.15

  Confirm TUPE consultation strategy for the proposed transaction (asset deal).[TUPE 2006]

  Severity AAsset-purchase only
• VI.16

  Review redundancy programmes within the last three years.

  Severity C
• VI.17

  Confirm settled-status / right-to-work for non-British workers.

  Severity B
• VI.18

  Identify any restrictive covenants in director service agreements that survive the transaction.

  Severity B
• VI.19

  Review private medical, life-cover and group-income-protection arrangements.

  Severity C
• VI.20

  Confirm employee handbook is current and signed by all staff.

  Severity C