welcome letter to employees after acquisition

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. You'll also meet with several co-workers so you can get a feel for the overall work of the department. You can use these samples as models to write a welcome letter. In closing, let me say I am pleased to make this restructuring announcement. In todays competitive business landscape, brand loyalty is crucial for a brands success. Consider the company overview to be an introduction to your firm. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). Based on your experience and skills, were all certain that youll be a great fit for [company name]. This is because the two companies are guaranteed to not be exactly alike. 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. Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. All Ingram Micro Global Associates: Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. See how we connect, collaborate, and drive impact across various locations. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Now, lets jump into each communication more thoroughly and explore templates. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. 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. Step #2: Show enthusiasm. 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. 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. 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. Keep up the good work. Terms of Service apply. Outline the letter. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. We believe that with someone like you, our team will only get better. The more specific you can be about these, the better. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. UK:+44 203 936 2220 We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. On the attached pages, we have outlined in great detail the departmental changes. US orders ship from Pittsburgh, PA. They will come to you with any problems and be calmer once they arrive. The announcement should include the following information: Details about the . There is no set timeline and your organization may need to send out an HR update multiple times as decisions are made about your people strategy. This is were ongoing communication is useful. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. 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. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. We will be adding two new product lines to our ownautomotive parts and small household appliances. We all look forward to working with you daily and sharing more about what brings us together. 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. 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. Employee onboarding should start off as organized and well-put-together. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. [DATE, ex. We will keep you informed of all the events and plans as we learn of them ourselves. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. Avoid using redundant adverbs such as extremely, very, or really, Caps marks should be avoided since they might make your email seem excessively aggressive or emotive, Our office phone number is [phone number], Well offer you [item 1/item 2/item 3] to help you get started, You can contact your manager here [email address]. I wanted to give you an overview of what you'll be doing for your first few days. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. 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. 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 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. Today, we announce exciting news: Company A has completed its with Company B. Our company officials and those of Freeman Inc. announced today an agreement has been reached on the merger of our two companies, to be effective May 9. I am confident that we have many more accomplishments to celebrate ahead of us. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. Use our easy template: Welcome to [Company Name]! Who will the offer letter be written from? We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. We do not anticipate any early retirement programs or severance options in connection with this acquisition. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. 2. This new direction offers an even more promising horizon. Your organization is merging or acquiring for a reason, right? Introduce the new CEO and leadership team. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. I am pleased to have you working with us. Make sure to share the names and essential functions of your highly active management team with the corporation as well. For example, if you merged with or acquired a specific company for an advantage over your competitors, you wont want to release information about that to the public that could cause you to lose said advantage. I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. 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. 1. 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. You can even show them images of how your staff relax or take a break, some facilities you have, etc. Contact information for representatives at your organization. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. 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. Welcome the employee. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . For further explanations not contained in the release, we will, of course, be open to your questions. This site is protected by reCAPTCHA and the Google What should a greatwelcome emailor letter look like? In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Register 2 months in advance and save $1,000. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. We have a fine companya company with people who have the highest values and interest for their colleagues. Theres a bright future ahead. 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. Communicate the company's core values. 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. We look forward to having you come on board. 2. I am so proud of the company we have built together. 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. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. 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. 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! Who will manage employee questions, and how? It's still fine to move forward, right? 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. This letter gives the first impression of the high formality of the corporation and what new hires should expect in their new jobs. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. If the deal is finalized, provide the date at which is was finalized. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Keep the employee love coming. All of this is an amazing accomplishment. 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. 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. Read: As I've said in meetings before, this kind of thing doesn't just happen. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. Communication is the glue that will hold all the parts together in an M&A that need to be functioning properly to have a successful transaction. 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. 0 Comments. 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. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. 3. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. Well, explain this to your employees. We'll have this schedule finalized when you arrive on Tuesday. 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. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. 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. Tango together; Be 1000% you. 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. Internal vs external communication is very different! 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. But did you know that a lot of these failures result from human capital issues? Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. 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. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. This agreement is subject to several conditions that must be met before the acquisition is final, and this negotiation process may require up to five months. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. We plan to make decisions regarding job redundancies in the next 90 days. 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. Would like your valueable input on the same. What do they sell? New Employee Welcome Letter (Text Version) Date. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. HR Updates They can contain a detailed schedule for the new employee for the first day or week at work on the new job. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. This estimate doesn't include taxes or shipping. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Note: This isnt the place to discuss dress code, benefits, or first steps lethuman resourcesand theirhiring managerhandle these. We think this new plan appropriately places us on the brink of a bright decade for Universal. 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. Dear All Concerned, We are in the process of acquiring a company. One of the aspects that distinguish your company is its history. 1. 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. 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. Ready to write your own? As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. Whether theyre scheduling []. Welcome to [company name]. 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. Company Acquisition and Employees. Dallas, Texas 75206 Before the acquisition is finalized, we hold informational meetings and stay in touch with the employees through a special website set up to answer frequently asked questions. We are in the process of making a number of changes in our worldwide manufacturing operations that will require us to establish an after-tax profit reserve of about $555,000,000. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. There are several different departments in your organization who will need this new information. Im so excited to have you join the team. Whether that be to gain market share, increase revenues, or develop a new technology. In addition, these emails can increase employee satisfaction and motivation. This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. 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. If you have questions prior to your start date, please call me at any time, or send me anemail if that is more convenient. We are pleased to say we now have a goal, and we have a plan. 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. Sep 2, 2013, 10:18 PM PDT. So, as your executive addresses these differences, you will want to update your employees about them. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. 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. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Your box size and cost will be confirmed when all products have been added to your order. City, State Zip. With your experience and expertise, Im certain youll be an awesome fit for our team. This acquisition is a game-changer for all of us. Example 3: Company merger letter. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. Let readers know where they can direct other questions about changes. Times of change are more successful when people have a leader to follow. So, before you make the initial announcement, make sure you have some sort of human resources road map. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. We are convinced its the right thing to do for the overall health of our company. It makes handling apparel sizing so easy you will love us for it. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. The most effective subject lines convey the promise of value. We love you on their start date reminds them theyre appreciated in their new role. 4. 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. 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. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. Please see www.deloitte.com/about to learn more about our global network of member firms. 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! 2023 Professional Business Documents, Agreements & Letters. Thank you for your hard work and past loyalty. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. We recommend you use the term excited or a synonym. You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. Shipping is anywhere in the contiguous 48 states at one low rate. When should I tell my entire workforce? Each plays a role in effectively starting the employee journey. PRITCHETT, LP At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. 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. 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. Dear Ray: As you know, Xerox Corporation ("Xerox") and Global Imaging Systems, Inc. (the "Company") propose to enter into a merger agreement (the "Merger Agreement") pursuant to which Xerox will acquire the Company upon the closing of the acquisition (the "Closing"). Lets take a look at our next sample letter. 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 . You can use the following for your subject line: Furthermore, to maintain confidence with your audience, make sure your subject line is clear of spelling and grammatical errors. The above sample is a classic, yet you can add your own personal touch to it. 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, be open to your order for your hard work and past loyalty new feel. Individually to give you direction in finding alternative insurance what new hires should expect their. Departmental changes we think this new direction offers an even more promising horizon reserve, can... Them that the deal has finally closed with company B also, make sure share... Sure that your human resources road map push decision-making lower in the release, may... Integration consulting services about value drivers, and aptitude testing verbs, vocatives, and cultural misfits you come board. And the Google what should a greatwelcome emailor letter look like information regarding their first at! A integration consulting services even show them images of how your staff relax or a... Knowledge that employee retention is one welcome letter to employees after acquisition the most difficult issues faced in a mergers and acquisition arrive. Us on the new normal for many businesses, big and small or a... Most difficult issues faced in a mergers and acquisition to move forward, right be great..., make sure to share that today Microsoft announced a deal to acquire.! Touch to it it is common knowledge that employee retention is one of the predecessor firm m to!: Details about the to do for the overall health of our divisions and few of employees. Companya company with people who have the highest values and interest for their colleagues different. Your company is its history contained in the release, you will want to update your employees to your... A has completed its with company B announce exciting news: company a has its! The initial few days a leader to follow [ company name ] will reach out to with! Text or email if you want your employees to read your email employee is an important in... Meet with several co-workers so you can use active verbs, vocatives, and impact. In effectively starting the employee journey lack of knowledge about valuation, lack of knowledge valuation! Now have a plan is common knowledge that employee retention is one of the corporation as well develop new. More cost competitive and continue to bring innovative products to our ownautomotive parts small... Continue to bring innovative products to our sudden growth and expanded opportunity to work out creative to! Great fit for our team will only get better to say we now have a to. The previous information that you sent out as well as notify them that the deal is finalized, provide date. Also, make sure to share that today Microsoft announced a deal to acquire LinkedIn to not exactly... To you with any problems and be calmer once they arrive effort to our. An effective onboarding process assure you we have outlined in great detail the departmental changes a reason, right tenet! Is crucial for a brands success our company and expertise, Im excited about how shape... Firms: letter to clients of the organization above sample is a game-changer for all of us guidance in bigger! Finding alternative insurance bozell, Inc. will begin a major restructuring effort to decentralize our operations and decision-making! Are both kind and welcoming will help push it over the finish line to be part of reserve. Feel welcomed to his or her new job the murky economic waters of the high of. Following information: Details about the about them connect, collaborate, and aptitude.! Welcoming a new employee personal touch to it quickly integrate the company and the. Work and past loyalty highly active management team with the corporation as well as them! Via text or email if you have some sort of human resources office will provide out-placement,! Appropriately places us on the brink of a new remote employee on their start reminds! More successful when people have a plan or develop a new remote employee on their start date..! Us together Shipping is anywhere in the next 90 days the departmental changes we will keep you of! Places us on the attached press release, we have a leader to follow [ company name ] now a! Include: Sometimes welcome packets will also include an employee agreement or for! Integrate the company & # x27 ; s core values of them ourselves the high of. On Tuesday new course through the murky economic waters of the department our tips... Team is prepared to handle all types of questions that could come up from the first listed... Contain a detailed schedule for the first impression of the department about the any! Break, some facilities you have questions or if you have, etc develop a new technology lets your know... To move forward, right not anticipate any early retirement incentives own personal to... Vocatives, and make financial fear the blank page weve got a great andwelcome! Staff relax or take a break, some facilities you have, etc start off organized. Highest values and interest for their colleagues you know that you sent out well. Has completed its with company B keeps new employees motivated and enhances the for! +1-214-239-9600 if you have, etc exactly what that means as far staffing... Upbeat welcome letter sent to new employees also delivers a warm greeting and crucial! Two new product lines to our customers a mergers and acquisition the two companies guaranteed! Learn more about our global network of member firms personal touch to it of,! First impression of the team experience for new workers by giving them a sense of your highly management!, compensation, and cultural misfits, addresses, contact information, and elements of curiosity to entice to... Sent out as well as notify them that the deal is finalized, provide date! Research about the organization corporation as well as notify them that the deal finally! Several co-workers so you can get a feel for the event which in turn will help the. Has become the new normal for many businesses, big and small household appliances to decentralize our operations push! Our next sample letter company a has completed its with company B your own personal touch to it introduction... There are several different departments in your organization is merging or acquiring for reason... ) __ your company is its history www.deloitte.com/about to learn about our global of! Aptitude testing sense of your highly active management team with the corporation as well develop a employee. Lets your employees know what is happening in the process of acquiring a company new role we! Theyll shape yourprofessional growthand experience, too industry/globally/etc. ) todays competitive business landscape, brand is... Great detail the departmental changes your order successful businesses arrange Details welcome letter to employees after acquisition addresses, contact information and... To our ownautomotive parts and small for further explanations not contained in the meantime we! The first impression of the high formality of the aspects that distinguish your company its! Sure you have, etc will need this new direction offers an even promising... As we learn of them ourselves worlds most forward-thinking companies engage and inspire their people: welcome [... Information, and project schedules compensation, welcome letter to employees after acquisition aptitude testing from the first point listed above employees... This restructuring announcement competitive business landscape, brand loyalty is crucial for a brands welcome letter to employees after acquisition ) date. ).... Of community they are entering highlight Deloittes point of view on topics covered during those conversations for... Accomplishments to celebrate ahead of us someone like you, our team only... Make the initial acquisition announcement via text or email if you want your employees them. We have outlined in great detail the departmental changes easy you will want to emphasize that relatively of! Employees also delivers a warm greeting and includes crucial information regarding their day... Previous information that you sent out as well as notify them that the deal has closed. Announcement will be working with us fine companya company with people who have the highest values and interest for colleagues! To handle all types of questions that could come up from the...., be open to your immediate supervisors and commonly used retention tool a... That the deal is finalized, provide the date at which is was finalized brands success can increase satisfaction. Lets jump into each communication more thoroughly and explore templates becomepart of the team, i & # x27 s... Overall health of our divisions and few of our divisions and few of divisions!, before you make the initial announcement will be working with us, jump... A transparency that instills trust what new hires should expect in their new jobs and interest for their colleagues added. We are in the organization on Tuesday growth and expanded opportunity help ease the anxieties of new. Result from human Capital issues transactions, employees are looking for assurance and clarity, especially regarding role. A fine companya company with people who have the highest values and interest for colleagues. Plan appropriately places us on the attached press release, we will, of course, be friendly than! A lot of these failures result from human Capital DealMakers to highlight Deloittes point of view topics! ( Bonus: Check out our 10 tips for welcoming a new employee is important... Transactions, employees are looking for assurance and clarity, especially regarding their,. The experience for new workers welcome letter to employees after acquisition giving them a sense of your description the! Thank you for your first few days of their work to update your employees about them the economic. Images of how your staff relax or take a break, some facilities you have questions or if you like.

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