Employee retention is one of the biggest challenges during Mergers & Acquisitions. Many M&As are motivated by a desire to access fresh talent, yet employee turnover can be as much as 70% following a merger.

Mergers and acquisitions are an opportunity for two companies to combine their most important assets: their teams.

The holidays are quickly approaching, budget and planning sessions are in full swing, and January 1st will be here before you know it. The end of the year is the perfect time to wrap up any of those outstanding tasks you put off during the year and get a great start to the New Year.

The job market tends to move in cycles. Sometimes, it’s a hot market, and employers struggle to attract top talent. Other times, an economic slowdown might result in a hiring cooldown, resulting in fewer opportunities for job seekers.

Employee retention is a critical priority for every business. When a key employee leaves, the loss goes beyond just their skills and institutional knowledge—there is also the significant cost of recruiting and training a new hire to fill their role.

Recent year brought us the Great Resignation, swfitly followed by the Great Regret. In both cases, employees have felt undervalued or have not experienced a sense of belonging, and organizations are struggling to retain employees. Healthcare, hospitality, retail industries, and those on the other end of a merger or acquisition are facing a harder time with employee retention.