M&A
Compensation with purpose
Retain key employees during Mergers and Acquisitions.
Increase the value of your retention pools, not the amount. Let us help you ensure your merger success includes retention and a return on investment.
M&A People Strategy
A merger, acquisition (M&A) or restructuring is one way to bolster a business with instant access to technology, market share and resources. Human capital is often an organization’s biggest asset and this is especially true during a deal integration.
As such, businesses tend to put a great deal of effort into creating a positive, supportive environment in order to retain acquired and existing employees.
Retaining critical talent and ensuring the right people are in key roles are essential to a successful merger, acquisition, or business transformation.
The Challenge
Traditional Compensation Limitations
M&A can lead to uncertainty and significant ‘shake up’ within all companies involved. It can be a jarring time when people begin to feel unsure of their value and position, and question their job security. To counter this, companies often put together lucrative retention packages, but despite that, most still see ongoing attrition of talent, sometimes the best ones are the first to leave.
Limits Goals
Deferred (or vesting) cash that is not accessible up front does not enable employees to hit their financial goals.
Doesn’t Drive Retention
Base pay and standard bonuses don’t drive retention. Once paid, there is little motivation to stay if another opportunity presents itself.
Complex Equity
Equity/stocks are hard to comprehend and sometimes have negative impact based on market fluctuations.
Lacks Motivating
It is a challenge to keep employees motivated and performing when they know money is guaranteed to come in the future.
Hiring, Retention, and Performance Solution.
Keep’s Employee Engagement Platform (KEEP) allows users to instantly craft a vesting bonus that meets an employees’ needs while delivering the additional benefits of tenure, emotional attachment, and trackable ROI. What if you could be strategic about your bonus program during the M&A process. What if you had a tool that would allow you to easily create and deploy vesting retention bonuses to all the employees you wish to retain. Well now you do.
KEEP will enable you to retain your critical staff during and post the M&A process.
Keep Platform Benefits
Turn-key Onboarding
Turn-key onboarding that allows HR teams to instantly leverage the platform with no dependence on IT integrations.
Bonus Management Dashboard
Bonus dashboard for HR teams to have an integrated view of their bonus portfolio with notifications and updates (for both employers and employees) about key milestones for bonuses.
Employee Portal
Employee self-service portal that lets employees manage their KEEP account and view their bonus vesting schedules.
Governance & Compliance
Performance Challenges
Attach performance challenges to bonuses. Set goals, if an employee achieves the goals you define, then the employee is rewarded with a reduction in vesting schedule or balance.
Embedded Fintech
Enable seamless bonus delivery and funding execution for increased efficiency. Intuitive user interface (UI) for any sized organization and employees at all salary levels.
Employee Retention Program
Deploy a vesting bonus plan in minutes, not weeks.
Creating an equitable bonus and retention program can be challenging. With KEEP you can easily create and deliver vesting cash bonuses to the employees you wish to secure.
See how Keep can help you create an employee bonus
program tied to retention in this short video.
Did you know?
Losing, attracting, hiring, and training employees can be expensive and time consuming.
This is a very real, yet fixable problem with Keep Financial’s vesting bonuses.
94%
Percentage of employees who responded yes to ‘if a company invested in them, they would stay longer.
16% - 213%
Employee turnover costs between 15% and 213% of the workers salary.
23%
Only 23% of businesses say they are not having trouble with hiring.
51%
Workers actively looking for new job opportunities.
8 Months
Average number of month for an employee to reach full productivity.
42 Days
Average number of days it takes to fill an open position.
24%
Turnover rates of 20% before the pandemic could face a turnover rate as high as 24% in 2022 and years to come.
46.7 Hours
Companies spend an average of 46.7 hours to train an employee.
The Keep Advantage.
Keep Financial is revolutionizing how companies attract and retain top talent with vesting cash bonuses – providing an easy-to-use platform to create and deploy usable cash to employees that is earned over their tenure.
Easy to implement and scale
Delivers long term engagement as these are not transactional but purpose built to drive employee engagement.
Retain top talent
Set bonus vesting schedules that drive retention. Enable employees to access the funds early to achieve their financial goals.
Build a performance culture
Reward employees for tenure and performance. Performance challenges enable businesses to achieve goals and builds morale.
More Keep Use Cases.
Easily reward key employees for extra effort and show they’re valued, all while driving retention.
Ensure your merger, acquisition, or other business transformation aligns with top talent retention.
Motivating employees to achieve specific goals can be challenging. KEEP Performing allows companies to create vesting cash bonuses with performance challenges attached.
Get smarter, more productive employees and retain them longer with Tuition Reimbursement from Keep Financial.
