Strategies for Retaining Key Employees During Acquisitions

Overview:

In this episode of the SMB Community Podcast, hosts Amy and James discuss how to retain key employees during company acquisitions, sharing real-life experiences and effective strategies such as retention bonuses and clear role definitions. They also delve into the benefits of a four-day workweek, the importance of NFR programs for software vendors, and advancements in AI for ad generation and management. Additional topics include the emotional impact on employees during an acquisition and recent tech industry news, including AI adoption and its governance challenges.

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Chapter Markers:

00:00 Introduction and Host Greetings

00:35 Weekend Recap

02:04 MSP Question of the Week: Key Employee Retention During Acquisitions

08:53 Listener Questions and Contact Information

09:34 News Highlights: AI and IT Industry Updates

17:08 Discussion on Four-Day Work Week

26:21 Upcoming Event: Ask Anything on Mergers and Acquisitions

27:35 Closing Remarks

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Sponsor Memo:

Since 2006, Kernan Consulting has been through over 30 transactions in mergers & acquisitions - and just this past year, we have been involved in six (6).

If you are interested in either buying, selling, or valuation information, please reach out.

There is alot of activity and you can be a part of it.

For more information, reach out at kernanconsulting.com