What Can be Considered a Management Retention Program?

A Management Retention Program is utilized to incentivize, motivate, and retain key/executive employees.

Any type of extra incentive that keeps your key employees happy, moving forward, or shows that extra bit of effort to retain them is a form of a management retention program. This can be as simple as a goal-based bonus for key executives, a non-monetary recognition/award for excellence or achievement, or a more formal partner progression model.