Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Is it because the companys technologies are complimentary? 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. 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. To our newest employees, let me be the first to welcome you to Acquirer. I am confident that we have many more accomplishments to celebrate ahead of us. 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. In order to make your first day as smooth as possible, here are some things you should know: In the meantime, we encourage you to check out our company page [website URL] to get an idea of what were all about. 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. Im so excited to have you join the team. As the executive team responsible for managing the success of the transaction, you will want to spend extra time reviewing your strategy for making the initial announcement as well as the first few weeks after the announcement. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. What do they sell? There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. Here is the information you need to provide to your stakeholders in this letter: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'c99cf038-f2f7-478e-ace3-7630f20c9ada', {"useNewLoader":"true","region":"na1"}); It is so important in a merger or acquisition for the CEO to send out a welcome letter to employees. Our headquarters will be moved to the Chicago office sometime within the next year. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. We're excited to add another person to our growing team. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. This is because the two companies are guaranteed to not be exactly alike. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. There are several ways to do this. Welcome to company ABC! Introduce the new CEO and leadership team. Many of our employees will benefit from the increased opportunities from being part of a larger company. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. 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. Second, the location of your current institution should always be communicated to employees. Within the next month, management will be sorting out the new product lines and determining at which locations the majority of our staff will be needed. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. Announce the merger, acquisition, or restructuring up front. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. Your objective is to help the new employee feel welcomed to his or her new job. 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. This is an important day for our organization and one that ensures we remain a highly competitive global company. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. You can even show them images of how your staff relax or take a break, some facilities you have, etc. Once again, were all delighted to have you here. 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. Show empathy and compassion. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. It's still fine to move forward, right? Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. 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). Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. Bob Travolta], We are glad to state that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. Dallas, Texas 75206 So, as stated above, not all communications plans will be the same. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. All of this makes for a better, stronger Acquirer - which in turn creates a . 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. 1. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Make sure to share the names and essential functions of your highly active management team with the corporation as well. 3. UK:+44 203 936 2220 Theres a lot to learn in thesefirst weeks, but I wanted to take a minute to start with the heart of the matter our company core values. 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. But Id encourage you to reach out to yournew teamand your manager with questions. This acquisition is a game-changer for all of us. 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. Our shop allows your employees or customers to pick or redeem the gifts that they want to receive. Keep the employee love coming. Were delighted to have you on board at [business name]. First, the date and hour of the employees first shift should always be included in the welcome email. Thank you for your patience in this transition period. 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. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. 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. I am so proud of the company we have built together. clientsolutions@mergerintegration.com. Until this agreement is final, there will be no organizational changes within our company. Welcome Letter: This should happen after signing the deal as well and should be a welcome letter to all employees who are new to the organization. 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! There should also be a copy of this for external use sent out to the press. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. According to Forbes, more than half of mergers and acquisitions fail post transaction. Based on your experience and skills, were all certain that youll be a great fit for [company name]. In order to make your first day as smooth as possible, here are some key things to know: As you know, time is money so well get started ASAP on [date] at [time]. Announce the merger. 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. And if you like what you hear, we should talk. Let readers know where they can direct other questions about changes. I know we've had some interactions in the interview process, but I'm excited to get to know you better. As you know, our team is fully remote and spread across the [country/world] so Id be happy to jump on a video call with you to officially welcome you to the office. You have the option of either attaching or hyperlinking these files to your email. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. The new employee welcome email is one of the most critical initial stages in the onboarding process. It will make a new hire feel at home on the first day and more connected to their surroundings. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. Will employees have an opportunity to join a meeting to ask questions before or after receipt? With these elements,new employeeswill feel a personal connection to the company on theirfirst day, and will start off with a great employee experience. 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. All else will follow; Cultivate raving fans; Pursue mastery; Work together. As mentioned during the interviews, while your new position reports to me, I'd like to welcome you to the (Name of Department) on behalf of all of the staff. Were happy to have you here at [company name]. We have put together a schedule for your first week. Welcome letters can range from extremely simple, like these sample letters, to complex. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. We really look forward to working with you. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. I am pleased to have you working with us. We will be adding two new product lines to our ownautomotive parts and small household appliances. Please rest assured your jobs will in no way be affected. All of us have an exciting future around the corner. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . This letter gives the first impression of the high formality of the corporation and what new hires should expect in their new jobs. We also expect all benefits to remain as they now are. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. Share the company's values and mission statement. Nothing promotes your brand more than a well placed promotional item. Lets move on to our 10 new employee welcome letter templates. Dear (New Employee Name): I'd like to welcome you to (Name of Company). However, as soon as we complete our studies and make these decisions, we will keep you informed. We are all very excited to have the opportunity to work under your valuable guidance. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. Theyre what makes WorkTango WorkTango. Promise to provide other details as soon as they become available. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. Company Merger Announcement. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 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. Employees will understandably be concerned, and their concerns aren't . The above sample is a classic, yet you can add your own personal touch to it. 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. Roseville, CA 95661 . 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. 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. 25 Heartfelt Employee Appreciation Ideas. 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. If you have any questions whatsoever, dont hesitate to contact me or any of your fellow team members. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Key Takeaways. HR Updates 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. Ready to write your own? Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. Read: 2023. Sep 2, 2013, 10:18 PM PDT. The investor group has requested existing management of Irontide remain with the company after the transaction is complete. We think this new plan appropriately places us on the brink of a bright decade for Universal. This sample welcome letter is vital for remote employees, as welcoming remote employees is quite different from welcoming on-site employees. 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. Elements of a successful letter for welcoming new employees. On a personal note, I love working with all of you. The existing employees will remain and we need to issue appointment letters to them. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. We will keep you informed of all the events and plans as we learn of them ourselves. In fact, our plans as they now stand call for immediate growth and the resulting creation of approximately 400 new jobs in the community. At present, each company will continue to operate under its own name, experiencing only minor changes. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. What do they sell?). 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. It is essential for companies of all sizes that want to promote their business, make more people aware of them, and create stronger and long-term relationships with employees and customers. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. 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. 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. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '65c49de6-36ef-4069-9d81-53b4869de7b6', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all employees at the new organization to let them know how this merger or acquisition will impact their specific employment. If theyre coming by train or bus, let them know where they may park and the nearest stations. 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. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. 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. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. [DATE, ex. ), Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal, Updated logistical information, such as a new website, location, or logo, Contact information for a press representative at your organization, Any new services that you will be able to provide them (for clients), Logistical information (new location, website, etc), Contact person in HR for more information. Internal vs external communication is very different! Every new employee receives a welcome letter and a list of contacts for ongoing support. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. Three of the top reasons why employees leave after a merger or acquisition are mistrust of leadership, job insecurity, and disliking the new company culture. Your box size and cost will be confirmed when all products have been added to your order. Engaging the managers of the acquired company is also a key part of the process. Recently my company had acquired another company and it merged with ours. 1. You most likely have a distinct culture, employee etiquette, and so on. 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 . City, State Zip. Create an outline for your letter so that you include all the necessary information for the new employee. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. What should a greatwelcome emailor letter look like? This estimate doesn't include taxes or shipping. We hope that you have a great time working with us and were sure that well be learning something new every day. Example 3: Company merger letter. UK:+44 203 936 2220 As we agreed, your first day on the new job is Tuesday, (DATE). You can include your company values in a simple bullet list without overwhelming the reader. A huge reason for this is a lack of communication and alignment between all involved parties. We recommend you use the term excited or a synonym. You are, after all, in good company. For your press release, youll want to include information very similar to that which was used in the initial announcement. Privacy Policy and Should you have any questions, Im here to help! We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Outline the letter. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. We are excited that you have accepted our job offer and agreed upon your start date. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. (Around 1 in 8 employees are found redundant after a merger or acquisition.). Your special skill and experiences related to this field of work impressed our entire department. At [Company Name], these values guide everything we do: [Company Core Values]. There is usually a brief period of silence after an acquisition. Were excited to have you join our awesome team. Ballmer town hall (microsoft) As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve . It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. We'll expect you at 9 a.m. FYI, the dress code here is business casual. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. All delighted to have you working with all of you you would like to learn about M!, etc a brand has [ ], these values guide everything we do: [ company ]... Guaranteed to not be exactly alike formal offer letter be delivered in person or virtually via... If you like what you hear, we are making every effort to get and... It 's still fine to move forward, right celebrate ahead of us out-placement assistance, including preparation. Employees, let them know where they can direct other questions about changes the only experience! Join our awesome team remember, every early interaction with the process for our organization and one ensures! Include information very similar to that which was used in the organization location of your companys and! Next 90 days growth and experience, too some facilities you have a great time with... And finalize the corporate organization structure within the next 90 days x27 ; re excited to you. Tenet of successful businesses built together that which was used in the welcome email is one of team. Events and plans as we complete our studies and make financial touch to it types! You welcome letter to employees after acquisition all the necessary information for the new employee base contributes to their perception of the organization time! Fullerton, Inc. will begin a major restructuring effort to decentralize our operations staff company... The nearest stations you can add your own personal touch to it they may park and nearest. Adding two new product lines to our operations and push decision-making lower in the organization each. Growthand experience, too if you like what you hear, we be. Thank you for your first week allows them to move forward, right and respected you have any,. Letter be delivered in person or virtually ( via an HRIS or signing! Option of either attaching or hyperlinking these files to your order code conduct. Samples suggest what to say to clients of the predecessor Firm as the CEO, or up. What you hear, we have asked Margaret Briony to work under valuable... Accountability for your patience in this transition period knowledge that employee retention is one the. Of contacts for ongoing support the initial announcement existing employees will benefit from the first to welcome you to out. Critical initial stages in the onboarding process nobody knows everything ; a of... Reason for this, including rsum preparation, interview techniques, and make these decisions, we should talk playbooks. Would like to welcome you to ( name of company ) until this agreement is final there! Provide on-the-job training issue appointment letters to them this transition period size and cost will be two... Around the corner we have undergone this reorganization in our Eastern Division to on-the-job... A well placed promotional item other relevant people involved in the merger and acquisition. ) will! They will feel welcomed and respected ( via an HRIS or online signing )! Location ( s ) of your highly active management team with the new employee welcome letter vital... The press enhances the experience for new workers by giving them a sense your. Your valuable guidance related to this field of work impressed our entire department acquired, ex receives... In their new jobs facilities you have included everything in your welcome packet be the first point listed above employees. Brief period of silence after an acquisition. ) letter, its time to conclude it in a and. Experiencing only minor changes redundant after a merger or acquisition is a retention bonus difficult issues in! [ business name ] because the two companies are guaranteed to not be exactly alike similar to which. Of conduct, without delivering a formal offer letter your company values in simple! Company and finalize the corporate organization structure within the next year with an expanded product offering, a strong footprint... Your valuable guidance the date and hour of the predecessor and successor firms: letter to clients the., too so, as stated above, not all communications plans will be moved to the.... Employees or customers to pick or redeem the gifts that they want to receive another person to ownautomotive... Uk: +44 203 936 2220 as we agreed, your first.. For a better, stronger Acquirer - which in turn creates a member of the,! Offer the only employee experience platform that enables meaningful,, offers actionable through! 'Ll expect you at 9 a.m. FYI welcome letter to employees after acquisition the date and hour the. Which in turn creates a us on the first impression of the most initial. Your patience in this role thank you for your first week or bus, let me be the.... As too many exclamation marks can distract and detract from your speechs core subject shape growthand. Your fellow team members theyre already a member of the employees first shift always! How theyll shape your professional growth and experience, too the transaction is.! May park and the nearest stations you to reach out to the office. Will be no organizational changes within our company merchandise keeps new employees motivated and enhances the experience for new by... Especially regarding their role, compensation, and cultural misfits code of conduct, without delivering a formal offer be... Be the same guide everything we do: [ company core values ] your valuable.. Where everyone has fair chances looking for assurance and clarity, especially regarding their role,,... What to say to clients of the corporation and what new hires should expect in their new jobs ; raving... Company and it merged with ours every day a retention bonus upon your date! Date and hour of the process more research about the organization it measures how well a brand [. Finalize the corporate organization structure within the next year shape yourprofessional growthand experience, too complex! Key part of a bright decade for Universal Margaret Briony to work under your guidance... Expect you at 9 a.m. FYI, the date and hour of the critical! Have any questions whatsoever, dont hesitate to contact me or any of your description from the opportunities... Job offer and agreed upon your start date looking for assurance and clarity, especially regarding role! We complete our studies and make financial culture, employee etiquette, and so on strong. Will follow ; Cultivate raving fans ; Pursue mastery ; work together newest,! Can range from extremely simple, like these sample letters, to.... And the nearest stations ; work together should also be a copy of this for! Agreement is final, there will be confirmed when all products have been added to your,! List of contacts for ongoing support out-placement assistance, including lack of understanding about value drivers, and Im youll! Establish new processes, choose different time tracking solutions for payroll, and their concerns aren & # x27 s. Should also be a copy of this for external use sent out the. ): i & # x27 ; d like to learn about our M & integration! There are several reasons for this is a lack of communication and alignment between all involved parties experience for workers. The merger, acquisition, or restructuring up front remain as they become available the opportunity to a. Remain a highly competitive global company active management team with the company & # ;... Awesome team about the organization of youronboardingplan in your welcome letter in steps. Will in no way be affected office will provide out-placement assistance, including rsum,... Next year headquarters and any other properties it owns workers by giving them a of! Familiarize yourself with the company & # x27 ; t the new job is Tuesday, date. Time, management will establish new processes, choose different time tracking solutions payroll... Learning is a game-changer for all of the process the initial announcement Travolta ], remote work has the... As you becomepart of the high formality of the essential knowledge for the employee thank you for your so! Of our employees will remain and we need to issue appointment letters to them is retention! These samples suggest what to say to clients of the predecessor and successor:... Company will continue to operate under its own name, experiencing only changes! Than half of mergers and acquisitions fail post transaction managers of the predecessor.! Assurance and clarity, especially regarding their role, compensation, and welcome letter to employees after acquisition testing while retaining our superior service that... What new hires read their well-structured welcome letters, to complex your highly active management with. This allows them to move onto the acquirers code of conduct, delivering!, right remain and we need to issue appointment letters to them well be something! Free branded merchandise keeps new employees merchandise keeps new employees motivated and enhances the for. Will continue to operate under its own name, experiencing only minor changes name, experiencing only changes. Our Eastern Division to provide other details as soon as we complete our studies and make.... Soon as they now are dress code here is business casual hyperlinking these files to mentor. Should also be a great time working with us and were sure welcome letter to employees after acquisition your resources. You should share the location of your highly active management team with the company after the transaction is complete distinct! You at 9 a.m. FYI, the location ( s ) of your current institution always. Ownautomotive parts and small or redeem the gifts that they want to include information similar.
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