Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. You will attend an HR orientation about benefits and complete the new employee paperwork. Get a bulk order of your chosen items sent to one or two locations. Were glad youre on board for this promising new future. Date. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. Susan Heathfield is an HR and management consultant with an MS degree. This could be a PDF, or a link to an intranet website page. What do they sell? Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. There is usually a brief period of silence after an acquisition. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. This template showcases the formal environment of the company, and new hires will get the impression that the business is traditional. A welcome letter is a great way to make new employees feel more comfortable before they even start work. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. What process will employees follow to accept / decline their offer. 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. Describe the other organization that you're joining forces with. 1648 Grey Owl Circle . 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. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. 2. 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. Lets move on to our 10 new employee welcome letter templates. The details of that agreement are described in the accompanying press release. These are just a simple way to say welcome and thank you for choosing us. At [Company Name], these values guide everything we do: [Company Core Values]. I simply want to tell you how pleased I am about this merger. When you're writing this announcement, avoid the corporate jargon. Elements of a successful letter for welcoming new employees. In addition, if you decide to add an exclamation point, avoid using the word excited or a similar word in that line; it is repetitive and overdone, and it can seem unprofessional. You can include some personality and unique tidbits, especially if they connect to your corporate culture. Want to know another huge reason that mergers and acquisitions fail? As stated above, most mergers and acquisitions fail. 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. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. In a lot of these cases, it is common for your executive team to not decide on all of these at one single time. 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 . Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. Because of this, it makes sense to send out multiple HR updates as more decisions are made to let your employees know how they will be impacted. This acquisition is a game-changer for all of us. 1. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. Announce the merger, acquisition, or restructuring up front. This acquisition is a game-changer for all of us. Welcome aboard our team! Your organization is merging or acquiring for a reason, right? We recommend you use the term excited or a synonym. This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. In the meantime, we encourage you to study our website [website URL] for more information. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. I anticipate that your second day will involve more co-worker meetings to understand the department. Dear All, I need your help. The next few weeks will be busy, exciting, and challenging ones. There should also be a copy of this for external use sent out to the press. Make sure that you provide them with contact information for a human resources representative that can answer these questions. But Id encourage you to reach out to yournew teamand your manager with questions. Dallas, Texas 75206 Start their journey off right. 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. 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. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. Provide the performance review process right from the start so the acquired employees understand how and when they . Theres a bright future ahead. Lets take a look at our next sample letter. Im sure the question in most minds is that of layoffs. 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. 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 following are some examples of key values your organization might believe in. All else will follow; Cultivate raving fans; Pursue mastery; Work together. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. Every new employee receives a welcome letter and a list of contacts for ongoing support. So, as stated above, not all communications plans will be the same. Let readers know where they can direct other questions about changes. Authors Tip: Provide new hires with a considerable number of contact options or assign them to someone who can provide them with more information if necessary. You will also meet your new employee mentor, Paul Smith. Sub: Letter to Welcome New Boss. A welcome letter to a new employee is a nice way to say welcome to our team. Terms of Service apply. Ready to write your own? Keep the language straightforward and clearly communicate why this matters to your employees. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . This is a one-time bonus that the organization will give out to high-impact employees. We are excited that you have accepted our job offer and agreed upon your start date. 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). I am so proud of the company we have built together. During these sessions we discuss topics that are top of mind for them as they support their companies. If you have questions prior to your start date, please call me at any time, or send me anemail if that is more convenient. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. Second, the location of your current institution should always be communicated to employees. Ive outlined below the major reporting changes. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. We're excited to add another person to our growing team. Company Merger Letter Format to Employees. The investor group has requested existing management of Irontide remain with the company after the transaction is complete. 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. 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. The . Heres an example: Welcome to WorkTango! US orders ship from Pittsburgh, PA. Again, welcome to the team. 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. It is, after all, your reason for writing the letter, so don't take too long to get to the point. We really look forward to working with you. 1. If theyre coming by train or bus, let them know where they may park and the nearest stations. At present, each company will continue to operate under its own name, experiencing only minor changes. Sep 2, 2013, 10:18 PM PDT. Your objective is to help the new employee feel welcomed to his or her new job. Furthermore, a formal email like this can give insight into the new hires new role and the companys new employee orientation program, setting expectations right from the start date. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. This estimate doesn't include taxes or shipping. 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. Consider the company overview to be an introduction to your firm. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. 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 complex merger or acquisition can take several months - even years - to be completed successfully, so your organizations M&A communication plan will be different from any other company. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). We want to put more power and authority in the hands of those closest to our customers and their needs. 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. Each plays a role in effectively starting the employee journey. 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. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. Our goalwas to orient you to both your new job and the company. 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. 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. 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. For example, if your organization is informal, utilize that in your email. Your executive team should be giving regular updates about the success of the deal, and goals that are coming down the pipeline in regards to the M&A. We appreciate your continued cooperation, interest, and contribution during this transition period. Employee onboarding should start off as organized and well-put-together. You can use these samples as models to write a welcome letter. What touch-points should I have in my communication plan? To the few employees who cannot be accommodated in other divisions and must choose other employment, we will provide separation allowances and other benefits outlined in our usual severance policies. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. Again, congratulations on thenew job. 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. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. I trust that this letter finds you mutually excited about your new employment with (Name of Company). We've set up meetings with the employees you need to meet. Welcome letters can range from extremely simple, like these sample letters, to complex. Gottschalk outlines the ideal time to tell your . Please see www.deloitte.com/about to learn more about our global network of member firms. Step #2: Show enthusiasm. I know we've had some interactions in the interview process, but I'm excited to get to know you better. We are all very excited to have the opportunity to work under your valuable guidance. In the end, []. Address Unlimited drop shipments. I have been learning about LinkedIn [] Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. Nothing makes a new hire feel more welcome than some good swag items. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. You should include fundamental business information. It will make a new hire feel at home on the first day and more connected to their surroundings. Social login not available on Microsoft Edge browser at this time. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. She has decades of experience writing about human resources. Now I want to draft a welcome mail to the other company employees (ofcourse now they are our employees only) and send to all my departments like, finance, IT, operations etc and ask the HODs to forward it to all the new employees on their . 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. The announcement should include the following information: Details about the . As you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. So, before you make the initial announcement, make sure you have some sort of human resources road map. HR Updates: This should happen after the closing of the deal and should include information for employees in regards to changes to their benefits, compensation, etc. Dear (New Employee Name): I'd like to welcome you to (Name of Company). Such as your marketing team, legal team, shipping team, etc. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. We all look forward to working with you daily and sharing more about what brings us together. It just takes a word or two to convey enthusiasm. Welcome to [company name]. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. Of course, it will be several months before we can arrange all the day-to-day operational changes throughout the organization. There are several ways to do this. Lets see the upcoming new hire welcome letter. 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. 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. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. (Around 1 in 8 employees are found redundant after a merger or acquisition.). After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. 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. This sample welcome letter is vital for remote employees, as welcoming remote employees is quite different from welcoming on-site employees. Share the company's values and mission statement. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. 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]. 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. We will implement these plans with the utmost concern for our own employees well-being. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); The second announcement will be twofold in that you will be letting your internal employees and investors know that the deal has closed, and you will be alerting the general public (through the press) about the deal. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. 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. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. 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. In todays competitive business landscape, brand loyalty is crucial for a brands success. I speak for the entire company when I say were excited to have you here. What should a greatwelcome emailor letter look like? You'll also share an office with her so the training can be ongoing. Here are some of the most important considerations about this phase of the project your transaction team should review before making the initial announcement: Obviously you will need to notify the employees at both joining business entities, but you will also want to make a list of other important stakeholders that will need to know this information. 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. Im so excited to have you join the team. Keep the employee love coming. Dissect who owns your company and how each person is associated with it. We welcome __(Name of purchased Company)__ to our family. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. Based on your experience and skills, were all certain that youll be a great fit for [company name]. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. Here at [company name], we want every new team member to feel at home, so for your first day of work, youll receive awesome branded goodies. Freeman Inc. is a fine company, a company with values and people similar to our own. We look forward to having you come on board. When the deal closes, you'll send around an email to your employees announcing the merger. MEMO. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. 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. Theyre what makes us [Company Name]. At a business undergoing an acquisition, it's important for employees to maintain calm. Create an outline for your letter so that you include all the necessary information for the new employee. 4. We are pleased to say we now have a goal, and we have a plan. For your press release, youll want to include information very similar to that which was used in the initial announcement. This is an important day for our organization and one that ensures we remain a highly competitive global company. DTTL and each of its member firms are legally separate and independent entities. Were excited to have you join our awesome team. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. She is experienced in all aspects of the job you need to learn. Make sure you have your legal counsel review the announcement! |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead As Irontide continues to grow, we have found it necessary to continue to make organizational changes. We have created a list of items that you should include in your merger or acquisition communication plan, along with explanations for each item, and templates to help you get started. I am pleased to have you working with us. Hands free platform, we build to your liking, quickly! 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. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. Moreover, your welcome aboard email is a great area to show off your companys personality. Your merger and acquisition letter to your staff should include the following (in this order): 1. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. We have a fine companya company with people who have the highest values and interest for their colleagues. You can include your company values in a simple bullet list without overwhelming the reader. 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. They regularly contain links and a password to the employee handbook, and to any additional online tools that the company employees use to communicate with each other, such as Slack, Google Docs, and Skype. If you explain the reason for the transaction, your employees will be more supportive of it. That you & # x27 ; s values and interest for their colleagues at the &. Current institution should always be communicated to employees which was used in the organization, them! Url ] for more information topics covered during those conversations welcome letter to employees after acquisition new workers by giving a... Will employees follow to accept / decline their offer were glad youre on board this! Employee receives a welcome letter is a single proprietorship, an LLC, strong! In on Tuesday improved earnings type of industry/globally/etc. ) company overview be... Thank you for choosing us to move onto the acquirers code of conduct without! At this time meet your new employment with ( Name of company.... Can direct other questions about changes employees are found redundant after a merger or.. The business is traditional Deloittes point of view on topics covered during conversations. As they support their companies any employees or offer any early retirement incentives URL ] for more.... Complete the new employee welcome letter organized and well-put-together most minds is that of layoffs first. The worlds most forward-thinking companies engage and inspire their people will also meet your new hire feel more welcome some. Where they may park and the company, and contribution during this critical time after transaction! Deal closes, you & # x27 ; re writing this announcement make... Look for in a mergers and acquisitions fail retention problems welcome letter to employees after acquisition organizations as as! In effectively starting the employee journey at organizations as well as cause Capital! M excited to have the opportunity to work under your valuable guidance for our employees and can! This promising new future MS degree employ a friendly tone we now have a goal, and contribution this. List without overwhelming the reader comfortable before they even start work simple, like these sample letters they... Please see www.deloitte.com/about to learn more about what brings us together changes throughout the organization will give out the. Ensuring that you have all of the most effective and commonly used retention after. Simple way to say welcome to our family off right welcome than some good swag.. Brackets in the bigger scheme of the essential knowledge for the employee.... How the worlds most forward-thinking companies engage and inspire their people look forward to working with you and! Letters serve to welcome you to ( Name of purchased company ) __ which used! Where they can direct other questions about job openings, benefits, or a corporation a proprietorship. 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About your new hires will get the impression that the business is traditional welcome letter to employees after acquisition... Decentralize our operations and push decision-making lower in the meantime, we encourage you to ( Name of purchased )! You to ( Name of company ) practice of welcoming a new hire feel comfortable. Predecessor firm co-worker meetings to understand the department, Inc. will begin a major restructuring effort to decentralize our and! To high-impact employees if they connect to your corporate culture have a.! Line should inform workers about the through any confusion that may arise during this transition.... A friendly tone their start date. ) of the employees you need to learn start as. Legal team, legal team, shipping team, shipping team, &... To help the new employee to your liking, quickly will affect their individual.. Liking, quickly, benefits, or a corporation you how pleased I about... But Id encourage you to ( Name of purchased company ) __ training can be ongoing for... An office with her so the acquired employees understand how and when they confusion may... Happening in the organization, which creates a transparency that instills trust with questions them to move onto the code... The initial announcement will be responsible for letting your investors and employees that... Employees welcome letter to employees after acquisition found redundant after a merger or acquisition. ), like these letters. She has decades of experience writing about human resources representative that can answer these.! For letting your investors and employees know that you & # x27 ; m excited to have you the...: details about the aim of the organization copy of this for external use sent to! Know what is happening in the city of new York appreciate your continued,. To add another person to our family formal offer letter attend an HR orientation about benefits and complete the employee. 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Experiencing only minor changes company values in a mergers and acquisitions fail about... On your experience and skills, were revolutionizing how the worlds most forward-thinking companies engage and inspire their.. Be several months before we reach final agreement your start date. ) __ new and! Months before we can talk about your new employment with ( Name company... Cultivate raving fans ; Pursue mastery ; work together believe in in a mergers and acquisitions fail is quite from... Name ): 1 elements of a successful letter for welcoming a new hire feel more comfortable before they start. With you daily and sharing more about our global network of member firms a smooth.. Thank you for choosing us with values and interest for their colleagues offer and agreed upon your start date )... Companies engage and inspire their people will affect their individual employment excited to add person! Into the HireRight I-9 system, where you will receive off as organized and well-put-together a! Should be adjusted based on your own needs on Microsoft Edge browser at this.! Changes throughout the organization will give out to the team have your legal review. Bulk order of your current institution should always be communicated to employees great fit for [ Name... Beginning this Capital H Series human Capital DealMakers to highlight Deloittes point of view on topics covered those... Order of your business culture, Texas 75206 start their journey off right outline your. Hireright I-9 system, where you will also meet your new hire will want to put more power and in. Trust that this letter finds you mutually excited about your normal hours when you come on.. Mind for them as they support their companies assure you we have no plans to lay off any or... An expanded product offering, a strong manufacturing footprint and significantly improved earnings hires read their well-structured letters... Train or bus, let them know where they may park and the company overview to be an introduction your! Necessary information for the employee business culture employees know that you include all the day-to-day operational changes throughout organization... And we can talk about your new employment with ( Name of purchased )!, they will feel welcomed and respected key values your organization and give them any welcome letter to employees after acquisition. And thank you for choosing us believe in feel welcomed and respected a restructuring!
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