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Mergers and Acquisitions

Dear Workforce How Do We Improve the Odds of Retaining Key Contributors, Especially in the Midst of a Change in Ownership

February 4, 2009
Our company is being sold, and while the new management takes over, I have been asked to figure out an effective strategy to keep the best employees from leaving amid the upheaval. Internally, we have mulled making improvements to our compensation/benefits packages. Although this should help to some degree, I’m not convinced it aids our larger goal of inspiring these people to stay focused and motivated (especially since their colleagues will be leaving). I know there is no single surefire answer for situations like this, but which strategies might be helpful in improving the retention odds?
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Wachovia Acquisition May Put Leave Plan in Peril

January 23, 2009
The bank, which was purchased by Wells Fargo for $14.8 billion, launched its innovative leave program in January 2008 to give employees the chance to take up to three years off to care for a sick family member or for other personal reasons.
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Crain Communications Buys Staffing Industry Analysts

November 3, 2008
In a move designed to improve coverage of the contingent labor industry, Crain Communications says it has acquired media company Staffing Industry Analysts, a provider of research and analysis on the contingent workforce market.
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