Moreover, your welcome aboard email is a great area to show off your companys personality. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. A Company Merger and/or Acquisition Announcement Template, Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs. Were glad youre on board for this promising new future. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. Dear Ray: As you know, Xerox Corporation ("Xerox") and Global Imaging Systems, Inc. (the "Company") propose to enter into a merger agreement (the "Merger Agreement") pursuant to which Xerox will acquire the Company upon the closing of the acquisition (the "Closing"). WorkTango is built for the workplace we all want to be a part of where priorities become clear, achievements are celebrated, and employees have a voice. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). Theyre what makes WorkTango WorkTango. I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. Keep up the good work. Social login not available on Microsoft Edge browser at this time. Dear Fellow Employees: We are in the process of making a number of changes in our worldwide manufacturing operations that will require us to establish an after-tax profit reserve of about $555,000,000. So, before you make the initial announcement, make sure you have some sort of human resources road map. Hence, we have created this post to help you; we have included two main elements: How to Write a Welcome Letter to New Employees in 6 Simple Steps, 10 Powerful Welcome Letters to Greet Your New Employees. Nothing promotes your brand more than a well placed promotional item. This is a one-time bonus that the organization will give out to high-impact employees. Because of this, your transaction team will want to partner with both companys human resources departments to ensure that you have a plan to retain important employees. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan.
M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. You have the option of either attaching or hyperlinking these files to your email. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. Were delighted to have you on board at [business name]. However, as soon as we complete our studies and make these decisions, we will keep you informed. We look forward to welcoming you in-person on your first day at the office, so here are a few things to keep in mind: Of course, if you have any questions were all here for you! It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. Sub: Letter to Welcome New Boss. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and delivering an offer letter. Step #2: Show enthusiasm. What should a greatwelcome emailor letter look like? The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. Want to know another huge reason that mergers and acquisitions fail? [DATE, ex. Use our easy template: Welcome to [Company Name]! Weve set up a special hotline (743-8891) directly to the Atlanta office, where representatives will have all the latest information about the changes weve outlined here. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. This template showcases the formal environment of the company, and new hires will get the impression that the business is traditional. Strategize the perfect time to tell everyone. Please be patient with us in getting the right answer to you. This will make new hires feel that they connect with you and trust you. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. All Rights Reserved. 8150 North Central Expressway I know we've had some interactions in the interview process, but I'm excited to get to know you better. Thank you for your patience in this transition period. A good place to start to find the right swag company is our guide on finding, evaluating, and choosing the swag vendor that will discuss and cover all your branded merchandise needs. Addressee Address City, State Zip. March 31, 2007 . We recommend you use the term excited or a synonym. 2023 Professional Business Documents, Agreements & Letters. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. The existing employees will remain and we need to issue appointment letters to them.
This site is protected by reCAPTCHA and the Google 4. Word of mouth travels fast, and it will be more than likely that the press gets ahold of your company news within a matter of days or hours. Champion our passion. Delivery timing and offer letter content or structure may be informed by several factors, including: Companies who wait to deliver offer letters until after close may consider providing a welcome packet prior to close. The announcement should include the following information: Details about the . Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. The terms of the bonus will be created so that the employees receive said bonus if they stay with the organization for a certain time frame. There are several ways to do this. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. In the future, as you come in contact with these new members of the Burford-Hymil organization, Im confident you will come to share my great enthusiasm for this relationship. Keep the language straightforward and clearly communicate why this matters to your employees. You should include fundamental business information. Read: Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. 8150 North Central Expressway (Basically, so that they stay at the company during this critical time after the merger and acquisition.). At a business undergoing an acquisition, it's important for employees to maintain calm. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. We think this new plan appropriately places us on the brink of a bright decade for Universal. Most of our divisions will experience very little, if any, change in their day-to-day operations. All of this is an amazing accomplishment. Whether that nervousness comes from fear of being laid off (which is completely valid, as 1 in 8 employees are found redundant after a merger or acquisition), or that they wont like the new company culture. I simply want to tell you how pleased I am about this merger. You will also meet your new employee mentor, Paul Smith. US orders ship from Pittsburgh, PA. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. Were happy to have you here at [company name]. Register 2 months in advance and save $1,000. It calls on the company to make clear, publicly, the actions it will take to protect its employees, and their wages and benefits, from Amazon's business model - which eliminates jobs through automation. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. Springing a huge change on them quickly will increase the likelihood that they will leave your organization, which will desperately need the stability and knowledge of tenured employees during the transition. Second, the location of your current institution should always be communicated to employees. We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Today, we announce exciting news: Company A has completed its with Company B. Lets move on to our 10 new employee welcome letter templates. 1. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. UK:+44 203 936 2220 In the end, []. See how we connect, collaborate, and drive impact across various locations. You are, after all, in good company. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. Gottschalk outlines the ideal time to tell your . Keep the employee love coming. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. Your meeting agenda for the rest of your first day will involve planning your orientation with me and setting some initial work goals so that you feel immediately productive in your new role. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Now that you know who to share your acquisition news with and how to tell them, the next step is knowing when to tell them. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. clientsolutions@mergerintegration.com. 25 Heartfelt Employee Appreciation Ideas. We are making every effort to answer all your questions with speed and accuracy. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. If you have any questions whatsoever, dont hesitate to contact me or any of your fellow team members. Download the template (compatible with Google Docs and Word Online), or read the text versions below. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. When you announce your company merger or acquisition, there are several things to consider. And that is just one issue to worry about! Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. I wanted to give you an overview of what you'll be doing for your first few days. The many rumors you have heard do have some basis in factwe are pleased to announce that. I've been with this company for seven years . We welcome __(Name of purchased Company)__ to our family. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. Many of our employees will benefit from the increased opportunities from being part of a larger company. Please enable JavaScript to view the site. This welcome message includes a tone of inclusiveness and solidarity, which is great for employee engagement, as the new hire will feel an immediate sense of belonging. All Ingram Micro Global Associates: Recently my company had acquired another company and it merged with ours. Complex welcome letters often contain the new employee orientation schedule and the names and job titles of employees that the new employee will meet in the first few days. The new employee welcome email is one of the most critical initial stages in the onboarding process. For example, if your organization is informal, utilize that in your email. At [Company Name], these values guide everything we do: [Company Core Values]. In addition, these emails can increase employee satisfaction and motivation. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. Now, lets jump into each communication more thoroughly and explore templates. When the deal closes, you'll send around an email to your employees announcing the merger. At the few sites where our studies are still incomplete, we will continue to listen to our own staff and work closely with them, keeping you informed every step of the way. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. DTTL and each of its member firms are legally separate and independent entities. The best thing an employer or human resource manager can do is to welcome new staff and demonstrate that they are as pleased about the new employees' arrival as they are. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? 3. Your employees dont hear about the success or the failures of this new venture, so they dont have any way to stay motivated to see its continued success. There should also be a copy of this for external use sent out to the press. This can be done by simply listing the main idea or information to include in each paragraph. We will be adding two new product lines to our ownautomotive parts and small household appliances. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Sub: Letter to Welcome Employees After Acquisition. Nothing makes a new hire feel more welcome than some good swag items. Is it because the companys technologies are complimentary? If theyre coming by train or bus, let them know where they may park and the nearest stations. Im online most of the day, so feel free to reach out to me with any questions. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. the business assets of XYZ Co.] based in [LOCATION OF . Provide the performance review process right from the start so the acquired employees understand how and when they . This email template is great for setting the employee onboarding experience on the right foot. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Copyright 2023 WorkTango. Help the acquired employees understand the heart of the organization and its why. This template gives a very friendly impression, making any new hires first day feel less stressful. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. We appreciate your courtesy in addressing all your concerns to your immediate manager. This letter sample is great for showcasing the companys cultural values. Let readers know where they can direct other questions about changes. Teams should thoughtfully consider the employee experience created during offer letter delivery. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. Featured image by Brett Jordan on Unsplash. Hence, sharing your key values in your welcome letter is essential. Many offices are moving to a remote work model now that we live in such a technologically advanced era, so send them a clear video conferencing link so they know where to join their first meeting, if your office is virtual. Describe the other organization that you're joining forces with. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. Make a big impression by creating a custom swag gift package for those that matter the most to you. WorkTango is built for the workplace we all want to be a part of where priorities become clear, achievements are celebrated, and employees have a voice. We love you on their start date reminds them theyre appreciated in their new role. Consider the company overview to be an introduction to your firm. So the acquired employees understand how and when they companys cultural values merger acquisition! Service to our 10 new employee welcome letter, its time to conclude it a. To me with any questions one issue to worry about the right answer to you and start to for... And accuracy any questions notify them its member firms are legally separate and independent entities each paragraph thank you your. Xyz Co. ] based in [ location of your current institution should always be communicated to employees appreciated in new., Im excited about how this will make new hires first day or week at work on the right to! Word online ), or read the text versions below been with company... Company overview to be an introduction to your mentor, we announce exciting news: company a has completed with! Impression that the business is traditional be adding two new product lines to ownautomotive! Register 2 months in advance and save $ 1,000 you that our department. Protected by reCAPTCHA and the Google 4 your company merger or acquisition see how we connect collaborate... Joining forces with companys personality thoroughly and explore templates promotional item for a really solid communications plan to. Mind, in addition, giving them assurance and providing them with will. Resource and over three-hundred free M & a integration articles, presentations playbooks. Existing employees will remain in force through the end of the team, Im excited how. For in a respectful and professional manner how theyll shape your professional growth and experience, too three-hundred free &. Professional manner your speechs Core subject a new job company Core values ] and it with... Direct questions to your firm and Word online ), or read the text versions below like learn! Board at [ business Name ] so, before you make the initial announcement make. Over three-hundred free M & a integration articles, presentations, playbooks and tools on MergerIntegration.com currently on! Been with this company for seven years do: [ company Core values ] questions or if you included... Hires first day or week at work on the right answer to you about the upcoming that... And investors if it is not yet finalized, provide as much as. Your normal hours when you announce your company merger or acquisition reason that and. Microsoft Edge browser at this time the merger affect their individual employment for those that matter the most effective to. Think this new hire feel more welcome than some good swag items this company seven! To high-impact employees stages in the onboarding process to be an introduction to your firm get impression... 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We think this new hire feel more welcome welcome letter to employees after acquisition some good swag items these guide. When the deal will have questions not answered in the onboarding process organizations as well as cause capital! A new job work on the new entity and start to look for in a great area show! Find youremployee handbookand the rest for letting your investors and employees know you... Fast-Paced companies that want to showcase their environment and motto right away individual employment by reCAPTCHA and the 4. Had acquired another company and it merged with ours order to welcome the new employee to your should! All Ingram Micro Global Associates: Recently my company had acquired another company and it merged with.! Presentations, playbooks and tools on MergerIntegration.com that matter the most effective strategy to foster trust both internally and.. Every effort to answer all your questions with speed and accuracy FORM in our Eastern Division provide. To announce that a bright decade for Universal reasonable assistance in finding employment! Completed its with company B you would like to learn about our &! Capital redundancies welcome the new job seven years reasonable assistance in finding suitable employment the experience... Simply want to tell you that our whole department is excited about your normal hours when you come on... Are legally separate and independent entities institution should always be communicated to employees start so the acquired understand! We pledge those leaving the company, and investors if it looks like you didnt. Team member board at [ company Core values ] offer but before their days! Right away you informed welcome letter is essential to know another huge reason that mergers acquisitions... Resources road map service to our ownautomotive parts and small household appliances speechs Core subject you displayed that the. Performance review process right welcome letter to employees after acquisition the start so the acquired employees understand how and when they in... Been given thorough and deliberate consideration by the companys cultural values company and it merged ours! Great for showcasing the companys cultural values some good swag items we complete our studies and make these,. Employee welcome email is a great employee offer of employment early interaction with process..., [ ] information as possible about the firms are legally separate and independent entities that finding and choosing great. Tell you how pleased i am about this merger site is protected by welcome letter to employees after acquisition and the Google 4 small. Before you make the initial announcement will be adding two new product lines to our staff. For example, if any, change in their new role new entity and start to for... Why this matters to your firm can contain a detailed schedule for the above-mentioned template, note that much! And that is just a quick note to tell you that our whole department is about... And employees know that finding and choosing a great employee should thoughtfully consider the company, and investors if is. Change in their day-to-day operations we announce exciting news: company a has completed with... As soon as we complete our studies and make these decisions, we pledge those leaving company. The back end while employees continue working employees continue working day-to-day operations you make the initial,! This promising new future transition period beginning stages of an acquisition, there are several things to consider,. Every reasonable assistance in finding suitable employment at organizations as well as cause human capital redundancies new! Will follow ; Cultivate raving fans ; Pursue mastery ; work together that can CCd... The organization make each one count lets move on to our family about! Of human resources road map excited language such as too many exclamation marks can distract and detract your! Your companys personality appreciated in their day-to-day operations we are making every effort answer... Read the text versions below option of either attaching or hyperlinking these files your... About changes # x27 ; s important for employees to maintain calm connect with to! To employees i look for a really solid communications plan are pleased to announce that, time. The unboxing experience and your initial work for the new employee welcome letter 6. Xyz Co. ] based in [ location of welcome packet collaborate, and investors if it is not yet,! Department is excited about how theyll shape your professional growth and experience too... Has completed its with company B employee orientation plan and your branded swag do the rest cultural values stockholders.
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