Retaining key employees

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  • #58574
    Ebrima B Sawaneh
    Participant

    I understand during a merger, employees can be uncertain about job security. I wonder what has worked for others on how best new management can ensure the key employees are retained?

    #58778
    Charanjit Sodi
    Participant

    Retaining key employees is part of M & A planning and should be inducted and tied up with Finance, Tax, and HR functions.

    #58970
    Greg Jessup
    Participant

    Assuming some of the newco ownership / leadership is staying, it is important to get them engaged in the process of retaining their employees. They can tell the story of why they sold and why it is good for the employees that have been acquired. They are a familiar face. If nothing else they can be the eyes and ears reporting back to the acquiring company management. working together with this group is essential

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