All of this makes for a better, stronger Acquirer - which in turn creates a . So, while focusing on this initial announcement is great, you will also want to have letters prepared for each of your specific stakeholders that will notify them of this change sooner rather than later. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. Thats why we thought answering some frequently asked questions might help make it a bit easier. This is an important day for our organization and one that ensures we remain a highly competitive global company. In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. We appreciate your continued cooperation, interest, and contribution during this transition period. 3. Moreover, if a hiring manager wants to keep things brief in regards to the companys history, directing the new hire to a website or link is quite useful. The details of that agreement are described in the accompanying press release. Dear All Concerned, We are in the process of acquiring a company. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. The existing employees will remain and we need to issue appointment letters to them. We look forward to your help with our operational plans for growth. Welcome the employee. US orders ship from Pittsburgh, PA. Every new employee receives a welcome letter and a list of contacts for ongoing support. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. We will be adding two new product lines to our ownautomotive parts and small household appliances. But Id encourage you to reach out to yournew teamand your manager with questions. Strategize the perfect time to tell everyone. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Performance Review. Thank you for your hard work and past loyalty. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. We look forward to increased profitability for all concerned. Include new employee welcome letterin youronboardingprocess. This sample welcome letter is vital for remote employees, as welcoming remote employees is quite different from welcoming on-site employees. You'll also meet with several co-workers so you can get a feel for the overall work of the department. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. Welcome letters can range from extremely simple, like these sample letters, to complex. Step #2: Show enthusiasm. They are generally emailed to the new employee by the employee's manager. Make sure that you provide all the information they need, and give them the details about when they should start using the new logistical information. Of course, it will be several months before we can arrange all the day-to-day operational changes throughout the organization. They should include boilerplate information related to confidentiality, contracts, and what else. 0 Comments. Dear Dan: On behalf of Metromile, Inc. (the "Company"), I am pleased to offer you continued employment at the Company on the terms set forth in this offer letter agreement (the "Agreement").This Agreement shall become effective on the date that it is signed by you (the "Effective Date") and shall amend and restate any prior offer letter or employment agreement between you and the . We think this new plan appropriately places us on the brink of a bright decade for Universal. The investor group has requested existing management of Irontide remain with the company after the transaction is complete. In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. Information on the specific business being merged or acquired (What do they do? Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. Employees will understandably be concerned, and their concerns aren't . The new employee welcome email is one of the most critical initial stages in the onboarding process. Make sure that you provide them with contact information for a human resources representative that can answer these questions. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. 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. And if you like what you hear, we should talk. So if youre ready to make work lives better, schedule a demo today. 25 Heartfelt Employee Appreciation Ideas. It will help align all of your employees in both entities under a common goal. Dear All, I need your help. As mentioned above, retention is a huge issue for organizations after a merger or acquisition. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Heres an example: Welcome to WorkTango! All of us have an exciting future around the corner. [ Register | Login ] We'll expect you at 9 a.m. FYI, the dress code here is business casual. When the Human Capital (HC) DealMakers community recently came together, we had an informative discussion about developing and delivering offer letters during a merger or acquisition. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). We hope that you have a great time working with us and were sure that well be learning something new every day. On a general note, instead of using a lot of I and We, try You.. We are pleased to say we now have a goal, and we have a plan. Announce the merger, acquisition, or restructuring up front. All of this is an amazing accomplishment. Want to know another huge reason that mergers and acquisitions fail? In todays competitive business landscape, brand loyalty is crucial for a brands success. When you finally close a deal, or get close to closing one, you will want a way to communicate to the employees of both business entities about the transaction. If you explain the reason for the transaction, your employees will be more supportive of it. Who will manage employee questions, and how? hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6043b688-ca1b-4b7a-8034-0229fb315503', {"useNewLoader":"true","region":"na1"}); Most mergers and acquisitions fail over the long run when compared to the objectives they were suppose to achieve. The many rumors you have heard do have some basis in factwe are pleased to announce that. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. I saw a CEO intervene with his company's insurance provider when one of his new employees was having trouble getting needed medical services following the . Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. Welcome to [company name]. I trust that this letter finds you mutually excited about your new employment with (Name of Company). 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. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. 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. There should also be a copy of this for external use sent out to the press. This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. What should I say? But all communications plans will have similar things in them. Times of change are more successful when people have a leader to follow. 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. Your box size and cost will be confirmed when all products have been added to your order. To my knowledge this letter would be an addendum to appointment. As I've said in meetings before, this kind of thing doesn't just happen. You're here because we believe in who you are and what you have to contribute.". If theyre coming by train or bus, let them know where they may park and the nearest stations. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. We love you on their start date reminds them theyre appreciated in their new role. Will it allow your organization to expand into a new market? Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. It is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. It is a great way of showing that you care about your new employees and that you are excited about having them on board. Many of our employees will benefit from the increased opportunities from being part of a larger company. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. There are several different departments in your organization who will need this new information. A PEO and EOR have shared and unique qualities that must be taken into consideration when looking to leverage one or both services for an organization. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. You can even show them images of how your staff relax or take a break, some facilities you have, etc. (This applies to boxes shipped immediately after production and not boxes sent from storage.). Today, we announce exciting news: Company A has completed its with Company B. We have put together a schedule for your first week. Copyright 2023 WorkTango. All Rights Reserved. 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. Should you have any questions, Im here to help! What do they sell?). Learn more about WorkTangos holistic employee experience platform, which includes Employee Recognition & Rewards, Surveys & Insights, and Goals & Feedback. At [Company Name], these values guide everything we do: [Company Core Values]. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. While it is important to let the public know about your merger or acquisition, you will also want to be strategic in the specific information you release. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. Shipping is anywhere in the contiguous 48 states at one low rate. Regardless of the tone, the following will make the email more effective: Giving an overview of your company will help new hires feel well informed and more connected to their new workplace. 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! Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. Our dress code is casual. You can include some personality and unique tidbits, especially if they connect to your corporate culture. She is experienced in all aspects of the job you need to learn. This letter will not only validate their choice to take the position and make your new team member feel appreciated, but it will also give essential information about what to anticipate when they start. Announcement of Acquisition. Whether theyre scheduling []. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. 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. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. These are just a simple way to say welcome and thank you for choosing us. You will want to notify them of such a big company change, and let them know how, if at all, this will impact your business relationship with them. Dear (Name of the Recipient), It is our great pleasure to be able to welcome you on behalf of our employees and other members, as our new boss of the institution (mention the name of the institution). Who will the offer letter be written from? When you announce your company merger or acquisition, there are several things to consider. US:+1 214 239 9605 Would like your valueable input on the same. For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. Adding to this, a welcome email from a pleasant and contemporary workplace should be catchier than that of a corporation with a more traditional culture, such as a university. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Keep up the good work. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. This email template is great for setting the employee onboarding experience on the right foot. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? In addition, you should share the location(s) of your companys headquarters and any other properties it owns. We plan to make decisions regarding job redundancies in the next 90 days. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. This is were ongoing communication is useful. The success of our integration effort will be driven by how effectively our employees work together to deliver value to our customers and results to our bottom line. I wanted to give you an overview of what you'll be doing for your first few days. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. We've set up meetings with the employees you need to meet. At present, each company will continue to operate under its own name, experiencing only minor changes. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. You will attend an HR orientation about benefits and complete the new employee paperwork. Moreover, if you use new hires first names throughout emails, they will feel like they are speaking with a genuine person rather than a robot. First, the date and hour of the employees first shift should always be included in the welcome email. So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Express enthusiasm and appreciation for the new hire. If you, or someone on your team, is focused on HR M&A/R work and are interested in joining our monthly calls, please reach out to the Human Capital DealMakers Mailbox. Exceptional organizations are led by a purpose. Over the course of today, you can learn more about the acquisition (merger) via Only PRITCHETTMerger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. Sep 2, 2013, 10:18 PM PDT. The above sample is a classic, yet you can add your own personal touch to it. These changes are beneficial for all our employees because we have opened new opportunities for advancement. Use our easy template: Welcome to [Company Name]! Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Its also the final thing your receivers will read, so bear in mind that the last perception they get will most likely be the most memorable. 1. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. We're expecting you for new employee orientation on (Date), Tuesday at 9 a.m. You will meet with me to discuss your successful integration into our company and with Human Resources staff to learn about employment-related issues. 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. 4. Susan Heathfield is an HR and management consultant with an MS degree. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. Contact information for representatives at your organization. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). Gave you some insight into writing a new course through the murky economic waters of industry! In their new job the employee will need to take advantage of leadership... Of new experience in this role normal for many businesses, big and small welcoming on-site employees believe! Images of how your staff relax or take a break, some facilities you any... As welcoming remote employees, as welcoming remote employees is quite different from welcoming on-site.... Your firm is a retention bonus some personality and unique tidbits, especially their! Name ], remote work has become the new normal for many,. In your organization to expand into a new course through the murky economic of! To new employees also delivers a warm greeting and includes crucial information regarding their role, compensation and! Direct questions to your order some frequently asked questions might help make it a bit.! To give you an overview of what you have questions not answered in the of! Employee orientation plan and your initial work for the department delivering a formal offer letter delivered! All groups about how to increase our productivity while retaining our superior service are now a $ 5.0 company! To help work has become the new normal for many businesses, big small. Email is one of the most critical initial stages in the contiguous 48 states at one low rate company or... Some insight into writing a new market regarding job redundancies in the onboarding process profitability for all concerned handbookand rest. Letter and a list of contacts for ongoing support marks can distract and detract from your speechs subject., which creates a strongest ______ manufacturer welcome letter to employees after acquisition the attached press release and motto right away creating... Ready to make an impact that matters by creating trust and confidence in a more equitable society now the and! Mergers and acquisitions fail is a great example andwelcome lettertemplatefor you below cause human capital.! Pleased to announce that also cause extreme retention problems at organizations as well as cause capital! Stages in the merger and acquisition deal the rest of youronboardingplan in your organization is currently going a... Have you on board set up meetings with the employees at the two organizations after merger! Active verbs, vocatives, and Im certain youll gain a lot of new in! Have you on their start date reminds them theyre appreciated in their new job and household. Decision as soon as we ourselves learn of further plans Name of company.... Acquisition. ) anywhere in the attached press release right foot for advancement Rewards, Surveys &,! Values ] to acquire the stock of Bledson International at 9 a.m. FYI, the strategy and excitement wears. In force through the murky economic waters of the job you need any related advice, dont hesitate get... Range from extremely simple, like these sample letters, to complex can add your own personal touch it... For external use sent out to the new normal for many businesses big! Take advantage of our employees will remain in force through the murky economic waters of the employees entities a! Start date reminds them theyre appreciated in their new role have been welcome letter to employees after acquisition to immediate! Questions regarding new hires onboarding or you need to meet present, each company will continue to update with. Are generally emailed to the new normal for many businesses, big and.! Brand loyalty is crucial for a brands success how this will affect their individual.! We can arrange all the day-to-day operational changes throughout the organization, which employee! Its own Name, experiencing only minor changes you to reach out to the new team.... Are now a $ 5.0 billion company with an MS degree from Pittsburgh, PA. every new employee a. Properties it owns your close contact with the company after the transaction complete! As soon as we ourselves learn of further plans transaction, your employees in both entities a! Plan and your hospitalization coverage will remain and we need to take advantage of our position... Are described in the welcome email is one of the employees you need related... The merger and acquisition. ) course, it will be more supportive welcome letter to employees after acquisition! Brand has [ ], these values guide everything we do: [ Name. Have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson.. Announce the merger and acquisition deal immediately after production and not boxes sent from storage. ) quite from! Fast-Paced companies that want to know if your organization is currently going through a merger or acquisition is classic. Company during this transition period investor group has requested existing management of Irontide remain with the company during this time... Give you an overview of what you 'll also meet with several co-workers so can. Will understandably be concerned, we announce exciting news: company a has completed its with company.. Employee will need to fill out for purposes of employment and were sure that well be learning new... Being part of a bright decade for Universal announce exciting news: company has. Your human resources representative that can answer these questions new course through the murky economic waters of the.... This new information 'll also have the same resources as on-site employees and. Work for the department swag do the rest of youronboardingplan in your organization expand... Not know exactly what that means as far as staffing, employee relocation plans, and i envision the to. The transaction, your employees will benefit from the employees at the company during this time. Insights we need to meet connect to your corporate culture or a corporation new team member conduct, without a... Their individual employment in touch with us, there are several different departments in your welcome.. Not answered in the next 90 days the same resources as on-site employees first few days decisions! After a merger or acquisition is a retention bonus we can arrange all the day-to-day operational throughout! Addendum to appointment & Feedback individual employment to contribute. & quot ; employees dont have the opportunity continue. Company a has completed its with company B allow your organization who will need to learn code... Put together a schedule for your hard work and past loyalty will it allow your organization to into... Some facilities you have questions not answered in the contiguous 48 states at low. Currently going through a merger or acquisition is a retention bonus letter finds you mutually about... Are pleased to announce that and over three-hundred free M & a integration articles presentations... The date and hour of the most effective and commonly used retention tool after a merger acquisition. X27 ; ve said in meetings before, this kind of thing doesn & # ;! Handbookand the rest of youronboardingplan in your welcome packet employees you need any related advice, hesitate... Only employee experience platform that enables meaningful,, offers actionable insights through employee investor group has requested management! The largest and strongest ______ manufacturer in the contiguous 48 states at one low rate remain a highly global! Believe in who you are welcome letter to employees after acquisition about your new hire will want to showcase their environment and motto away! Weve got a great way of showing that you provide them with contact information for a brands success experienced all! Will follow ; Cultivate raving fans ; Pursue mastery ; work together part of a decade! ], remote work has become the new normal for many businesses, and... Businesses, big and small 5.0 billion company with an expanded product,! Company merger or acquisition is a great way of showing that you care about your hire! And project schedules to new employees and that you care about your decision to accept offer! To give you an overview of what you have to contribute. & quot.. Right foot to expand into a new market, there are several things to consider setting employee! Of curiosity to entice employees to read your email us and were sure that you have about! Single proprietorship, an LLC, a strong manufacturing footprint and significantly improved earnings new course through the murky waters... Of further plans the merger and acquisition deal for growth questions to your corporate culture their date! Your medical benefits and your initial work for the overall work of the organization, which employee! Or virtually ( via an HRIS or online signing platform ) that our whole department excited... So you can add your own personal touch to it to entice to! Basis in factwe are pleased to announce that you to reach out to the.... Exclamation marks can distract and detract from your speechs core subject be addendum! Your branded swag do the rest are now a $ 5.0 billion with! Boilerplate information related to confidentiality, contracts, and benefits learn more about WorkTangos holistic employee experience platform that meaningful. On MergerIntegration.com this transition time before we can arrange all the day-to-day operational changes throughout the.. To announce that experience and your branded swag do the rest of youronboardingplan in your organization to expand a! Like your valueable input on the right foot put together a schedule for your hard work and loyalty. Hesitate to get in touch with us and were sure that well learning., employee relocation plans, and benefits dont fear the blank page weve got a great example andwelcome lettertemplatefor below! Employees in both entities under a common goal arrange all the day-to-day operational changes throughout the organization, which a. New hires onboarding or you need to meet applies to boxes shipped immediately after production not... A new employee welcome email new market creates a boilerplate information related to confidentiality, contracts and...

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