Mergers & Acquisitions

What are some incentives and recognition programs that you have used or seen in other mergers or acquisitions?

Hi Angela

I think that retaining the best of both cultures is important to create a new culture that appeals to key talent. Involving the leaders and key talent in the merger processes can also provide motivation to stay.

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Mari Kruger
Synchronicity
Mari@synchronicitry.co.za
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Great point Mari. All voices should be heard at this critical juncture. Thank you for your response.

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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Hi Gloria.

These are excellent incentives in both instances. I'd like to hear about organizations who've actually employed these incentives. It would help with employee retention and minimize talent loss.