Hi @angela middleton,
The following are some of the most common incentives I've seen/proposed on M&A and organizational realignment projects to support a smoother transition and integration:
Retaining Employees for M&A
· * Performance Based Retention Bonus Program - (by integration phase)
· * New role (within new organizational structure) identified and communicated to the employee in advance in return for their role in M&A integration efforts, or
· * Current role (within new organizational structure) retained and communicated to the employee in advance in return for their role in M&A integration efforts
Employees Who Will Transition Externally Post-M&A Completion
· * Performance Based Retention Bonus Program - (by integration phase) in exchange for support with cross-training, etc.
· * Competitive Severance Package
· * Employee Assistance Program
· * Letter of Recommendation from Employer
· * Eligibility to be rehired into the new company structure if needed
I hope this helps!
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Gloria Archer
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Original Message:
Sent: 2023-11-30 10:04
From: angela middleton
Subject: How do you identify and retain the key talent and leaders from both organizations?
What are some incentives and recognition programs that you have used or seen in other mergers or acquisitions?
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angela
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