Strategies implemented by companies to retain employees post mergers and acquisitions

Abstract

This research paper discusses employee retention strategies post-mergers and acquisitions. The researcher has looked at different employee retention strategies that are used in the workplace to successfully ensure a reduction in employee during and after merger and acquisition activities. Furthermore, the researcher has probed the socio-cultural factors that influence these strategies. Lastly, the researcher examined the stakeholders or parties that exist outside of an organisation who serve as co-creators of employee retention strategies post-merger and acquisition. Through the use of qualitative interviews with participants who, at the time of the interviews were in leadership roles at their respective organisations, the researcher was able to collect valuable insights on the subject. The participants had mixed experience in cross-border merger and acquisition activities from the perspective of being the target firm, the acquiring firm and a merging of organisations. The researcher was able to successfully answer the research questions while methodically and thoroughly dissect this topic for a better understanding. The selected approach also allowed the researcher to suggest some new avenues to develop the available body of literature.