Staff Retention after an Acquisition
Creating the integration initiatives for the journey ahead
When acquiring a small or mid-size business, a lot of the value of the business is in the employees. If the people were to leave the business, it would lose some of its value. Consequently, staff retention should be a priority of such an integration.
This course we will discuss the cost of staff retention, non-financial and financial incentives and introduces The Staff Retention Toolbox.
Staff Retention after an Acquisition covers the following topics
- What is the Staff Retention Toolbox?
- What are examples of different types of financial incentives for staff retention?
- What types of non-financial incentives are effective in retaining staff?
- Which is better: financial or non-financial incentives?
- The story of a painful integration, where staff retention was an issue
Avoid losing the people and the value in your business by creating a staff retention plan
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We [were] dealing with a big integration project between a China and a Europe based company.
A great experience... [the] contribution to our email migration project is highly appreciated, excellent communication and coordination skills are highly praised.
Definitely Steve and his company will be strongly recommended to our partners. I would say that if we have any chance doing the project based in USA and Europe, they will be on the preferred vendor list for sure.
A Huge Positive Difference
Extremely organized, detail-oriented, thorough, timely, and importantly... made a huge positive difference on many occasions, helping to gain loyalty, bridge differences, and get newly acquired companies up and running
The Results are There
Intista were really helpful in strategic planning and finding solutions. We had positive results that helped the company and employees move forward. They were definitely worth the time. The results are there, and motivation is part of the process.
Made for a Better Culture
Able to assume solutions many times before problems occur and can remain collected. …also quickly made personal relationships with members of both companies and helped to integrate them by learning process and introducing counterparts. It not only made for a better culture, but a smoother run in streamlining both lines of business.
Really appreciate your dedication, professionalism, hard work and holistic thinking.
Value Beyond the Scope
They were very responsive to my needs and gave added value beyond the scope I requested, finding gaps that we didn't realize were there. The attitude, support and professionalism were outstanding. We would have no hesitation in asking them back for future projects.