HR and line managers need to work together during times of major organizational change to identify people whose retention is critical. Yet too often companies simply round up the usual suspects—high … See more One-size-fits-all retention packages are usually unsuccessful in persuading a diverse group of key employees to stay. Instead, companies … See more As the European industrial company’s experience suggests, financial incentives play an important role in retention—but money alone won’t do the trick. Praise from one’s manager, … See more Webincentivise. vb. ( tr) a. to provide (someone) with a good reason for wanting to do something: why not incentivize companies to relocate?. b. to promote (something) with a particular incentive: an incentivized share option scheme.

Retaining key employees in times of change McKinsey

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