Reply To: Retention of key employees

#38417
Hannah Barber
Participant

With key employees, transparency early on during the M&A process is key, especially with smaller organizations being acquired by much larger corporations, as it’s very possible that the start-up culture they are use to could change. I would recommend a stay bonus and incorporate their involvement in the post-integration as much as possible with key leaders. An ESOP plan as Indrama is a great incentive for employee retention. Transparency of the future state of the company and their vision of the future is key. Lastly, continued communication to make sure they do not feel as if they are being left out, which could cause uncertainty and worry, which leads to them leaving the company.

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