Reply To: Best practices to retain talent


Denise Gingolaski

During the due diligence process, our team would get a feel for who the key staff members are. We’d get comments like “he/she’s a keeper.” In those instances, there are retention bonuses that are offered to keep the person for the short to mid term. After that, normal efforts such as salary adjustments, future growth opportunities, and educational opportunities are discussed. Also, probably the most important thing that we do is to develop relationships with those key staff members. When people feel like they are part of the team and valued, they are more likely to stay.

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