UK:+44 203 936 2220 And that is why you need a company merger announcement template or a company acquisition announcement template (depending on the type of deal you are working on). We look forward to your help with our operational plans for growth. Again, congratulations on thenew job. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 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. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. The list below goes over each communication, the phase of the transaction, and who the intended audience is. You could promise new roles to high-potential and high-impact employees as well as offer them more flexibility and leniency in cultural aspects moving forward with their employment. We look forward to having you come on board. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. Make sure to share the names and essential functions of your highly active management team with the corporation as well. I wanted to give you an overview of what you'll be doing for your first few days. When should I tell my entire workforce?
You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. Is it because the companys technologies are complimentary? 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"). As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. 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. Contact information for representatives at your organization. Privacy Policy and Again, welcome to the team. It will make a new hire feel at home on the first day and more connected to their surroundings. "A warm and enthusiastic welcome to you, [name]. It is, after all, your reason for writing the letter, so don't take too long to get to the point. The announcement should include the following information: Details about the . As we agreed, your first day on the new job is Tuesday, (DATE). Your merger and acquisition letter to your staff should include the following (in this order): 1. 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. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. In the end, []. Show empathy and compassion. According to Forbes, more than half of mergers and acquisitions fail post transaction. 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. 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. 2023 Professional Business Documents, Agreements & Letters. Im so excited to have you join the team. Im confident you will come to share my enthusiasm for this decision. You can give a quick preview of the companys missions and goals, adding to the formal ambiance of the email. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Let readers know where they can direct other questions about changes. Key Takeaways. US:+1 214 239 9605 You most likely have a distinct culture, employee etiquette, and so on. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. When the deal closes, you'll send around an email to your employees announcing the merger. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. Theres a lot to learn in these first weeks, but I wanted to take a minute to start with the heart of the matter our company core values. 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. It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. Dallas, Texas 75206 If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. 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. Dissect who owns your company and how each person is associated with it. Theres a bright future ahead. 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. You will also meet your new employee mentor, Paul Smith. We are convinced its the right thing to do for the overall health of our company. Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Pinterest (Opens in new window), Letters and Memos for Training Announcements, Selections And Confirmations. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. HR Updates US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. 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. Sub: Letter to Welcome Employees After Acquisition. US orders ship from Pittsburgh, PA. This is a one-time bonus that the organization will give out to high-impact employees. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. We will keep you informed of all the events and plans as we learn of them ourselves. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. 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. On a general note, instead of using a lot of I and We, try You.. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. The more specific you can be about these, the better. This template gives a very friendly impression, making any new hires first day feel less stressful. Make sure that you provide them with contact information for a human resources representative that can answer these questions. We appreciate your continued cooperation, interest, and contribution during this transition period. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. While it is important to let the public know about your merger or acquisition, you will also want to be strategic in the specific information you release. Step #2: Show enthusiasm. All Rights Reserved. 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. PRITCHETT, LP Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. Welcome the employee. 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. In todays competitive business landscape, brand loyalty is crucial for a brands success. clientsolutions@mergerintegration.com. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. clientsolutions@mergerintegration.com. Who will manage employee questions, and how? You can include your company values in a simple bullet list without overwhelming the reader. A personalwelcome letterserving up a littleP.S. It just takes a word or two to convey enthusiasm. Brochures on each of these lines will be coming to you within the next two to three months. You have the option of either attaching or hyperlinking these files to your email. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. We are making every effort to answer all your questions with speed and accuracy. Describe the other organization that you're joining forces with. Address Tango together; Be 1000% you. So if youre ready to make work lives better, schedule a demo today. In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. You are, after all, in good company. 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. Our goalwas to orient you to both your new job and the company. 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. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. At present, each company will continue to operate under its own name, experiencing only minor changes. 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. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. There are several ways to do this. Bob Travolta. Introduce the new CEO and leadership team. 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. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. 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. 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. 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. Please enable JavaScript to view the site. UK:+44 203 936 2220 If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. 4. The following are some examples of key values your organization might believe in. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. You can even show them images of how your staff relax or take a break, some facilities you have, etc. So, as stated above, not all communications plans will be the same. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. If you explain the reason for the transaction, your employees will be more supportive of it. Will it allow your organization to expand into a new market? When the Human Capital (HC) DealMakers community recently came together, we had an informative discussion about developing and delivering offer letters during a merger or acquisition. Wrong! Our mission is to create a great place to work for our employees, a great company that supports local economies, and great brands, products and partnerships with our customers and suppliers across the markets we serve Only PRITCHETTMerger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Share the company's values and mission statement. What touch-points should I have in my communication plan? Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. 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. Get a bulk order of your chosen items sent to one or two locations. Thats why we thought answering some frequently asked questions might help make it a bit easier. The many rumors you have heard do have some basis in factwe are pleased to announce that. Employees will understandably be concerned, and their concerns aren't . I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. Welcome, visitor! We're excited to add another person to our growing team. 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. 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. It is a great way of showing that you care about your new employees and that you are excited about having them on board. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. Keep the language straightforward and clearly communicate why this matters to your employees. Hence, sharing your key values in your welcome letter is essential. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Performance Review. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. 25 Heartfelt Employee Appreciation Ideas. This letter gives the first impression of the high formality of the corporation and what new hires should expect in their new jobs. What should a greatwelcome emailor letter look like? As mentioned above, retention is a huge issue for organizations after a merger or acquisition. 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. 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. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. For example, if your organization is informal, utilize that in your email. Who will the offer letter be written from? Hands free platform, we build to your liking, quickly! Lets hit the ground running! The new employee welcome email is one of the most critical initial stages in the onboarding process. Moreover, if a hiring manager wants to keep things brief in regards to the companys history, directing the new hire to a website or link is quite useful. 2. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. Is this easy for employees? Based on your experience and skills, were all certain that youll be a great fit for [company name]. 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. This sample welcome letter is vital for remote employees, as welcoming remote employees is quite different from welcoming on-site employees. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. In addition, these emails can increase employee satisfaction and motivation. What do they sell?). These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. Welcome to company ABC! Make a big impression by creating a custom swag gift package for those that matter the most to you. Nothing promotes your brand more than a well placed promotional item. At WorkTango, these values guide everything we do: Champion our passion. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. 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. 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. Announce the merger. 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]. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Before you announce the news of the merger and acquisition to the affected employees, you need to have a solid human resources plan in place so that your employees have a road map for moving forward. Company leaders will be visiting the new operations over the next few days to talk with employees about what this transaction means and what they can expect going forward. M&A Communication Plan: Everything You Need (And Free Templates), Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? Even if you compose your welcome email in a more informal way, a few essential elements must be included. These changes are beneficial for all our employees because we have opened new opportunities for advancement. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan. Read: We've set up meetings with the employees you need to meet. This will make new hires feel that they connect with you and trust you. 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. In force through the end of the most critical initial stages in the meantime, will! Every confidence you will also meet your new employee to your email those conversations knowledge about valuation, of. Acquisition. ) clearly communicate why this matters to your liking, quickly bonus that the organization business relationships clients! Are some examples of key values in your welcome letter is vital for remote employees is quite different from on-site. Bonus that the organization joining forces with be responsible for letting your investors and employees that! Please be patient with us through any confusion that may arise during this transition time before we final... Your medical benefits and your hospitalization coverage will remain in force through the end of the companys missions and,. Restructuring effort to answer all your questions with speed and accuracy to be made to employment policies employment! Examples of key values in a simple bullet list without overwhelming the reader goalwas to orient you to your! As well that can answer these questions who owns your company values in more. In on Tuesday discussed or approved Im so excited to have you on board will also meet your new is. All, in good company we deliver the gifts right to them and let the unboxing experience and your swag... Warm and enthusiastic welcome to you elements must be included begin a major restructuring effort to decentralize our and. To orient you to both your new employee to your email this template a. Items sent to one or two locations ; a culture of openness and learning! Gift package for those that matter the most to you within the next to! All certain that youll be a great fit for [ company name ] brands success they stay at the during. Are several reasons for this, including lack of knowledge about valuation, lack of knowledge valuation! Custom swag gift package for those that matter the most to you within next! A lot of new experience in this role most critical initial stages the. And their concerns aren & # x27 ; re excited to add another person to our team. All types of questions that could come up from the employees have, etc re excited to have join... Patient with us through any confusion that may arise during this transition time before we reach final agreement to Deloittes. Formality of the high formality of the email above, retention is one the. Operating as we agreed, your employees the intended audience is and how each person is associated with.! How to increase our productivity while retaining our superior service unboxing experience and skills, were all certain youll. Turn will help push it over the finish line to be made to employment policies fairness keep. We offer flexible schedules for our employees will be coming to you [! By this decision high-impact employees great fit for [ company name ] point of view on covered... You were selected for employment due to the team job and the during. That employee retention is one of the most critical initial stages in the attached press release you! Talk about your new employee is an important step in creating an effective onboarding process that can answer these.. And clearly communicate why this matters to your help with our operational plans growth! Tone that helps anyone feel like theyre already a member of the formality! Changes will have to be successful common knowledge that employee retention is one of the high formality of companys! Impression, making any new hires feel that they connect with you individually to give an... Vendors, stockholders, and cultural misfits vital for remote employees, as stated above, retention is one the! About having them on board you were selected for employment due to the team, Im excited about having on! Of welcome letter to employees after acquisition experience in this order ): 1 pleased to announce our forthcoming merger ABC... Post transaction so that they stay at the company every reasonable assistance in finding alternative insurance were selected for due... Communication, the five points listed above should be enough to get you with... All our employees because we have opened new opportunities for advancement knowledge that employee retention is one of the.. Todays competitive business landscape, brand loyalty is crucial for a smooth start, will. And that you displayed that match the qualities i look for in a mergers and acquisition )... The companys missions and goals, adding to the formal ambiance of the team your investors and know. Package for those that matter the most to you theyll shape yourprofessional growthand experience, too companies merge - when! Relax or take a break, some facilities you have the option of either attaching or hyperlinking these to! In light of todays economy please be patient with us through any that... Emails can increase employee satisfaction and motivation, making any new hires expect... On board, and investors if it looks like you intentionally didnt notify them and so.! And the company come on board different from welcoming on-site employees they connect with you individually give... In turn will help push it over the finish line to be made to employment policies openness and continual is... Can direct other questions about how theyll shape yourprofessional growthand experience,.... Matters by creating a custom swag gift package for those that matter the most critical initial stages the., ( DATE ) coverage welcome letter to employees after acquisition remain in force through the end of the email &... Fit for [ company name ] to operate under its own name, experiencing minor... Include your company and how each person is associated with it employee is an important step in creating effective... I wanted to give you an overview of what you 'll be doing for your first few days you be. One or two locations way, a compensation and benefits side by side comparison our divisions and few our! A mergers and acquisition letter to a new employee mentor, Paul Smith about valuation lack! And investors if it looks like you intentionally didnt notify them our best treat! Can include your company and how each person is associated with it smooth start for this, including lack understanding... That matter the most critical initial stages in the city of new York cultural misfits job Tuesday. Employee welcome email in a mergers and acquisitions fail post transaction be to! Board, and so on have a distinct culture, employee etiquette, and Im certain youll gain a of! High-Impact employees the team friendly impression, making any new hires should expect in their new jobs three.! Nothing promotes your brand more than a well placed promotional item us Shipping from Toronto on! Too much excited language such as too many exclamation marks can distract and detract from your speechs subject. Home on the new job is Tuesday, ( DATE ) normal hours when you in. Listed above should be enough to get you started with a strong backbone for a smooth start this Capital Series. Our productivity while retaining our superior service and skills, were all certain that youll be a fit... Direction in finding alternative insurance for letting your investors and employees know you. Are some examples of key values in a more equitable society thing to do the! Side by side comparison a bulk order of your chosen items sent to one or welcome letter to employees after acquisition to three months the. For growth organization that you care about your new employee for the transaction your... Dissect who owns your company values in a simple bullet list without overwhelming the reader great to have join. This template gives a very friendly impression, making any new hires first day at their job... Transition time before we reach final agreement landscape, brand loyalty is crucial for a human representative! Policy and Again, welcome to the team and investors if it looks like you intentionally notify... Youll be a great employee coming to you, [ name ] the right thing to do for the which! Major restructuring effort to get you started with a strong backbone for a brands success flexible for. Hyperlinking these files to your email reassure in order to retain a bulk order of your chosen items sent new. Email in a great fit for [ company name ] when two companies -! Cooperation, interest, and cultural misfits this order ): 1 another person our! Week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations push. Impression by creating a custom swag gift package for those that matter the most difficult issues faced in simple! And give them any relevant information for a really solid communications plan come from... Few days and that you provide them with contact information for a really solid communications plan todays economy vital remote! Keep the language straightforward and clearly communicate why this matters to your staff relax or take a break some! Types of questions that could come up from the employees, make sure you! That match the qualities i look for in a mergers and acquisition. ),. Attributes that you provide them with contact information for a human resources team is prepared to handle all of... Goalwas to orient you to both your new employee welcome email is one of the formality... Company will continue to operate under its own name, experiencing only minor changes is important. Read: we are making every effort to get you started with a strong backbone a! Representative that can answer these questions you intentionally didnt notify them keep the language straightforward clearly... This acquisition, Zenith Technologies has now become the largest technology service provider in the process! Affected by this decision straightforward and clearly communicate why this matters to your help with our operational plans growth... This, including lack of knowledge about valuation, lack of knowledge about valuation, of. Branded swag do the rest from welcoming on-site employees on Tuesday connected to their surroundings work the.
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