33 percent of acquired workers leave in the first year

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    Yvonne
    Participant

    In industries where there is a high level of competition for a particular workforce, it is especially more risky that employees would choose to leave during uncertain times. Therefore, employee retention plan should be done even during the DD phase. There is also relevant generational differences that may be at play. Workforce with older employees are more threatned by M&A but at the same time develop more loyality to the company and are less risk takers to make a change even with the uncertainty during integration. Generation Z for example, is much more comfortable taking risks and swithcing jobs more rapidly. In addition, many work remotely and unless the organization has a strong HR program to keep them engaged and build loyalty, the compamy may be more vulnerable to higher turnover.

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