Effective Retention Strategies for Key Personnel
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One area I’ve become more focused on during HR due diligence is retention of key people, not just senior management, but also operational talent and subject matter experts that often hold critical customer, supplier, or technical knowledge.
While financial incentives like stay bonuses are common, I’m finding that culture, clarity, and clear communication also play a huge role. Uncertainty about reporting lines, job security, or career path can drive people out quickly, sometimes even before close. I’d be curious to hear from others:
> What retention approaches have you seen work best to retain key personnel?
> How early do you involve target company staff in retention discussions?
> Have you seen creative non-financial strategies work to retain mid-level or operational key talent?
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