Talent flight: Overlooked risks during M&A

Skilled, experienced people have plenty of opportunities in today’s labor market, and replacing those who depart may cost more and take longer than ever before. That’s why the flight of technical and functional talent can significantly reduce the value of an acquisition — a company-wide memo and town hall will not be enough to keep them on board. We recommend a holistic approach to retention that eases flight risks upon announcement; secures talent, skills, experience, and internal know-how for up to two years after the close; and includes a compelling long-term employee value proposition during integration.