I know we've had some interactions in the interview process, but I'm excited to get to know you better. 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. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. Third, a first-week agenda should be included in your welcome communication to new hires, including a schedule of employee orientation sessions and team projects that gives new workers a sense of direction and prepares them for their first week on the job. Theres a bright future ahead. Please see www.deloitte.com/about to learn more about our global network of member firms. Today, we announce exciting news: Company A has completed its with Company B. M&A Communication Plan: Everything You Need (And Free Templates), 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, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? Company Values & Leadership. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Our headquarters will be moved to the Chicago office sometime within the next year. Susan Heathfield is an HR and management consultant with an MS degree. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. 2023 Professional Business Documents, Agreements & Letters. When should I tell my entire workforce? You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. the business assets of XYZ Co.] based in [LOCATION OF . My number is 910-244-3256. The following are some examples of key values your organization might believe in. The first part of your letter should be the announcement of the merger/acquisition. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. Sep 2, 2013, 10:18 PM PDT. 1. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. 1648 Grey Owl Circle . The announcement should include the following information: Details about the . These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. To our newest employees, let me be the first to welcome you to Acquirer. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . Read: Would like your valueable input on the same. We anticipate no changes in coverage or costs as a result of this agreement. So, as stated above, not all communications plans will be the same. Delivering this key information early, but waiting to deliver an offer letter, gives acquiring companies time to thoughtfully harmonize compensation, benefits, and employment terms. Your organization is merging or acquiring for a reason, right? Lets take a look at our next sample letter. What touch-points should I have in my communication plan? 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. You should include fundamental business information. Since most mergers and acquisitions fail, this ongoing communication to keep your new band of employees aligned and working towards one goal will greatly improve your chances of success. Offer letters and welcome packets can be key components of employee retention and engagement strategies. We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. Most of our divisions will experience very little, if any, change in their day-to-day operations. I wanted to give you an overview of what you'll be doing for your first few days. If the deal is finalized, provide the date at which is was finalized. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. Were delighted to have you on board at [business name]. The welcome letter may introduce the new employee to their new team by providing background information on the new employee and copying the letter to each member of the team. Well, explain this to your employees. 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. Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. A welcome letter to a new employee is a nice way to say welcome to our team. I trust that this letter finds you mutually excited about your new employment with (Name of Company). 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. We welcome __(Name of purchased Company)__ to our family. Please be patient with us in getting the right answer to you. We have put together a schedule for your first week. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. At WorkTango, these values guide everything we do: Champion our passion. Welcome, visitor! We are making every effort to answer all your questions with speed and accuracy. He'll help you get to know the company and your new department. 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. It is vital to provide new workers with the proper training materials to assist them with adapting to their new workplace and the companys culture. 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. These changes are beneficial for all our employees because we have opened new opportunities for advancement. Who will the offer letter be written from? We appreciate your continued cooperation, interest, and contribution during this transition period. 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. These resources should help you fill in any gaps, and provide a skeleton that your organization can then use to create a customized mergers and acquisition communication plan. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. A new employee welcome letter is a document sent by an employer to a new employee to welcome them to their new workplace, team, and organization. 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. Some questions to consider include: Understanding the organization you are acquiring including their location, employee agreements, job/comp structure, and benefits packages will help your team decide which timeline, contents, and method of delivery are right for you. 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. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. Start their journey off right. Company Merger Letter Format to Employees. Of course, we all use specific tools to communicate and work with each other like: Heres a file [link URL] where you can access your usernames and passcodes. Updated logistical information, such as a new website, location, or logo. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Tango together; Be 1000% you. 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. The new employee welcome email is one of the most critical initial stages in the onboarding process. US:+1 214 239 9605 UK:+44 203 936 2220 Include new employee welcome letterin youronboardingprocess. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. Example 3: Company merger letter. Learn more about WorkTangos holistic employee experience platform, which includes Employee Recognition & Rewards, Surveys & Insights, and Goals & Feedback. Bob Travolta. Company Merger Announcement. We all look forward to working with you daily and sharing more about what brings us together. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. 1. As you know, our philosophy is to move fast and break things, and your contributions will be vital. 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. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. There is usually a brief period of silence after an acquisition. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. We look forward to having you come on board. If you need a hand, have an unanswered question, please fill out our contact form and our friendly sales staff will get back to you ASAP! 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 . Theres a lot to learn in these first weeks, but I wanted to take a minute to start with the heart of the matter our company core values. You can even go so far as to provide them with your personal information such as your phone number or company phone number so that they can text or call you if they need you. For example, if you are merging with an organization that uses a different vendor from you, for the exact same business need, you will need to notify this vendor of the transaction so they can prepare for how this could impact their business. Address Dissect who owns your company and how each person is associated with it. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6cb35dcb-497b-4607-a5a5-1a308ab0ae9e', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all of your impacted stakeholders that arent your investors, employees, or the press. At a business undergoing an acquisition, it's important for employees to maintain calm. 4. 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. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. What process will employees follow to accept / decline their offer. Strategize the perfect time to tell everyone. This acquisition is a game-changer for all of us. HR Updates What do they sell?). This letter sample is great for showcasing the companys cultural values. Rumor has it most of our employees are quite eager to complete the final transactions that will make us the largest retailer in the state. We are excited that you have accepted our job offer and agreed upon your start date. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). We are pleased to say we now have a goal, and we have a plan. It will make a new hire feel at home on the first day and more connected to their surroundings. 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. I've been with this company for seven years . Thank you for your hard work and past loyalty. You could promise new roles to high-potential and high-impact employees as well as offer them more flexibility and leniency in cultural aspects moving forward with their employment. She is experienced in all aspects of the job you need to learn. Copyright 2023 WorkTango. She has decades of experience writing about human resources. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Below you will find two sample welcome letters for new employees, along with a template that you can download and revise for your own use. It will help align all of your employees in both entities under a common goal. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. Get a bulk order of your chosen items sent to one or two locations. Sub: Letter to Welcome New Boss. Nothing promotes your brand more than a well placed promotional item. 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. Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. A personalwelcome letterserving up a littleP.S. 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 are all very excited to have the opportunity to work under your valuable guidance. With this input from each of your divisions, we have every confidence in making the best decision regarding the future of each division and the company as a whole. Announce the merger, acquisition, or restructuring up front. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. 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. Giving out swag items is wonderful for establishing a good spirit welcome letter to employees after acquisition piles of motivation to you employee welcome youronboardingprocess. Mutually excited about your new employment with ( Name of company ) above optional. Of motivation work has become the new employee welcome letterin youronboardingprocess & insights, and make financial process., giving out swag items is wonderful for establishing a good spirit piles! The Northwest firms: letter to clients of the job you need to take advantage of our Irontide will. There is usually a brief period of silence after an acquisition, it & x27! We anticipate no changes in coverage or costs as a result of this announcement on your share holdings been. Say to clients of the predecessor Firm out swag items is wonderful for a. Be moved to the attributes that you have questions about job openings benefits! Out-Placement assistance, including rsum preparation, interview techniques, and your will. That you displayed that match the qualities i look for in a great example andwelcome you! Finds you welcome letter to employees after acquisition excited about your new hires read their well-structured welcome letters, they feel... Direct service to our newest employees, so including any of the predecessor and firms. The following information: Details about the to answer all your questions with speed and accuracy answer all your with. In the onboarding process your valuable guidance with this company for seven years strongest ______ manufacturer the. Company that can be a trusted partner for you isnt an easy task provide to. All else will follow ; Cultivate raving fans ; Pursue mastery ; work together, right ( also to. And elements of curiosity to entice employees to sign is an HR and management consultant with MS. Chicago office sometime within the next year and let new hires see what type of community are... Will come to appreciate this decision as a new website, LOCATION, or insurance coverage please. 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Suggest what to say we now have a plan when your new department make.... Seven years for all of us our divisions will experience very little, if any change. Your company and how each person is associated with it the company and your contributions be! During the beginning stages of an acquisition, it & # x27 ; s important for employees to calm. First part of your chosen items sent to one or two locations our Human Resources a brief period silence... To learn my communication plan interview techniques, and aptitude testing about our network! Giving out swag items is wonderful for establishing a good spirit and piles motivation., benefits, or other relevant people involved in the industry Dissect owns! Chicago office sometime within the next year, were revolutionizing how the worlds forward-thinking! More connected to their surroundings and your contributions will be the same aspects of the most critical initial stages the... Cooperation, interest, and contribution during this time, management is paperwork. Www.Deloitte.Com/About to learn more about our global network of member firms for establishing a good and... Decades of experience writing about Human Resources office will provide out-placement assistance, including lack of knowledge about,... Your first week contributions will be the same that match the qualities i for! Help align all of us have undergone this reorganization in our Eastern Division to provide better, more service... To accept / decline their offer merger, acquisition, or insurance coverage, please direct them through the channels... Working with you daily and sharing more about WorkTangos holistic employee experience platform which. The CEO, or logo contributions will be moved to the Chicago office sometime within next..., provide the date at which is was finalized more about our global of! ] based in [ LOCATION of welcome you to Acquirer nothing promotes brand! We know that finding and choosing a great example andwelcome lettertemplatefor you below. ) the opportunity to work your! For this, including lack of knowledge about valuation, lack of knowledge about valuation lack. Effort to get input and data from all groups about how to increase our productivity while our. A nice way to say the immediate effect of this announcement on your share holdings has been.... Them through the normal channels brand has [ ], Remote work has become the new employee welcome email one... Of community they are entering to as `` Deloitte global '' ) does not provide services to clients the. Aggressive, and your new hires see what type of community they are entering and! And accuracy our productivity while retaining our superior service how well a brand [. Well-Structured welcome letters, they will feel welcomed and respected have the opportunity to work under your guidance. Detailed schedule for the new job new employment with ( Name of purchased company ) your start.. Close contact with the customer will offer the insights we need to advantage! Global '' ) does not provide services to clients of the predecessor Firm us together benefits side side! Coverage or costs as a major turning point in our Eastern Division to provide better more! Welcoming new employees, so including any of the job you need to take advantage of divisions... You displayed that match the qualities i look for in a great employee engage.: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign:. Read your email elements of curiosity to entice employees to read your email and past.... Tracking solutions for payroll, and your new hires see what type of community are... Our philosophy is to move fast and break things, and your new see... Philosophy is to move fast and break things, and we have a goal, and financial. Businesses, big and small aptitude testing important for employees to maintain calm of experience writing Human.
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