How To Retain Employees in M&A
- Conduct “Stay” conversations
- Engage multiple methods of 2-way communication
- Re-orient experienced players
- Coach instead of criticize
- Give key talent meaningful work to do
- Hold development/career discussions
- Show genuine, sincere appreciation
What Motivates Key Players
- Feeling valued and respected
- Meaningful work
- Participation in mapping out or communicating the future
- Control and influence
- Challenging short-term assignments that provide an opportunity to showcase their talents
- Shaping the future direction of the business
- Work/life balance
- Taking care of their families...