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Thought on announcing the M&A deal pre or post contract closure to employees. I’ve seen it handled both ways and there are obvious pros/cons to both.
How can we best mitigate any flight risks to employees, especially top performers? If you bring them in early they might get deal fatigue and the uncertainly leads to turn-over. Whereas, announcing once the deal is complete creates a lack of trust in management.
I think the best way to mitigate any flight risks to employees is to find something in the middle. Where you communicate with them earlier in the process relative to most employees, have a defined retention planned mapped out for them, but don’t get them involved in much of the actual deal unless absolutely necessary.
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