Reply To: Retention of key employees

#123710

Suzanne Brehm
Participant

It is always good to identify the key personnel prior to close. You should then tie in a performance bonus, or a stay bonus to ensure they are there for at least 6 months to help with the transition. Losing key talent could have a negative affect on what you just acquired, so it is important to have clear communications, letting them know their value and putting in an incentive plan to keep them is the first thing you should do.

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