Employees won’t act like owners unless they’re treated (and rewarded) like owners. When incentives like profit sharing or equity disappear, so does the motivation to go the extra mile, costing companies efficiency, engagement, and long-term success.

Executives often underestimate employees’ ability to handle the truth, but honest, direct communication, especially during difficult moments, builds trust, curbs harmful speculation, and creates a stronger, more engaged workplace.

Incorporating comprehensive career development and pathing strategies during an M&A can make a substantial difference in employee retention and organizational success. By providing transparent career paths, investing in training, and maintaining robust mentorship and performance management programs, companies can foster a supportive environment that encourages growth and stability.

Whether through public acknowledgment, personalized thank-you notes, digital recognition platforms, or financial incentives, recognizing and appreciating your team is an investment in the success of your merger or acquisition.

The recent FTC ruling banning non-compete clauses will heighten the challenge of retaining key talent during mergers and acquisitions.

In February 2024 Benoit Global conducted a survey involving 150 business and technology leaders who had recently completed the “MIT Artificial Intelligence: Implications for Business Strategy” certification and analyzed their responses for adopting and integrating Artificial Intelligence (AI) in their workplaces. The results revealed an overall enthusiasm for implementing AI, but with mixed levels of preparedness and significant gaps in knowledge, infrastructure, and strategic planning.

Effective communication during a merger or acquisition can make all the difference. By being transparent, consistent, and inclusive in your communications, you can help ease the transition for your employees, maintain morale, and set the stage for business success.