This is an important day for our organization and one that ensures we remain a highly competitive global company. And if you like what you hear, we should talk. Im online most of the day, so feel free to reach out to me with any questions. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. We have a fine companya company with people who have the highest values and interest for their colleagues. Theyre what makes WorkTango WorkTango. Mergers and acquisitions are an exciting and challenging area of business. Please see www.deloitte.com/about to learn more about our global network of member firms. This acquisition will, of course, dictate significant restructuring of our marketing division. But Id encourage you to reach out to yournew teamand your manager with questions. The most effective subject lines convey the promise of value. You will report to the division directors, who will report to the same regional directors. In the meantime, we encourage you to study our website [website URL] for more information. We are pleased to say we now have a goal, and we have a plan. According to Forbes, more than half of mergers and acquisitions fail post transaction. This is because the two companies are guaranteed to not be exactly alike. 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. 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 is another component to our CORI process that is required by all new hires before they start. 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. Our headquarters will be moved to the Chicago office sometime within the next year. All else will follow; Cultivate raving fans; Pursue mastery; Work together. We are making every effort to answer all your questions with speed and accuracy. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. When you're writing this announcement, avoid the corporate jargon. This acquisition is a game-changer for all of us. 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. Effective October 1, we will begin to put into effect a restructuring plan that will help us eliminate duplication of efforts in our field operations while preserving the autonomy of individual regions. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. 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. Gottschalk outlines the ideal time to tell your . Theyre what makes us [Company Name]. 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. We are excited that you have accepted our job offer and agreed upon your start date. 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. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. 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 give a quick preview of the companys missions and goals, adding to the formal ambiance of the email. Dissect who owns your company and how each person is associated with it. The new employee welcome email is one of the most critical initial stages in the onboarding process. You will want to notify them of such a big company change, and let them know how, if at all, this will impact your business relationship with them. How to Welcome a New Employee to the Team. City, State Zip. Such as your marketing team, legal team, shipping team, etc. He'll help you get to know the company and your new department. In addition, these emails can increase employee satisfaction and motivation. 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. We'll have this schedule finalized when you arrive on Tuesday. 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. Company Merger Announcement. Again, welcome to the team. 8150 North Central Expressway Lets take a look at our next sample letter. 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. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. We recommend you use the term excited or a synonym. We also expect all benefits to remain as they now are. Please rest assured your jobs will in no way be affected. 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. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. US orders ship from Pittsburgh, PA. 1. These changes are beneficial for all our employees because we have opened new opportunities for advancement. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. I simply want to tell you how pleased I am about this merger. Show empathy and compassion. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. Sub: Letter to Welcome Employees After 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"). I trust that this letter finds you mutually excited about your new employment with (Name of Company). Company Name or Letterhead Address City, State Zip. 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. On a personal note, I love working with all of you. We anticipate no changes in coverage or costs as a result of this agreement. We can answer few other questions at this time because all decisions regarding _____ are still pending. 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). Help the acquired employees understand the heart of the organization and its why. I trust that this letter finds you mutually excited about your new employment with (Name of Company). 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. 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? 1. 1. Hence, sharing your key values in your welcome letter is essential. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. 2023. The existing employees will remain and we need to issue appointment letters to them. Your new team anticipates taking you out to lunch to get to know you and to make sure that you meet everyone with whom you will be working. 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. This estimate doesn't include taxes or shipping. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. Tango together; Be 1000% you. Every new employee receives a welcome letter and a list of contacts for ongoing support. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. Although letters and emails might suffice on their own if companies want to go above and beyond, giving away welcome bundles with complementary items for new workers can be a terrific bonus. Include new employee welcome letterin youronboardingprocess. Social login not available on Microsoft Edge browser at this time. I anticipate that your second day will involve more co-worker meetings to understand the department. Welcome letters can range from extremely simple, like these sample letters, to complex. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. Address You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. Dear (New Employee Name): I'd like to welcome you to (Name of Company). The . It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. The many rumors you have heard do have some basis in factwe are pleased to announce that. They are generally emailed to the new employee by the employee's manager. Example 3: Company merger letter. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. Goals, impacts, and new objectives of this transaction. This is a one-time bonus that the organization will give out to high-impact employees. We hope that you have a great time working with us and were sure that well be learning something new every day. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. Make sure that you provide all the information they need, and give them the details about when they should start using the new logistical information. Use our easy template: Welcome to [Company Name]! These are just a simple way to say welcome and thank you for choosing us. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. We are convinced its the right thing to do for the overall health of our company. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Even if you compose your welcome email in a more informal way, a few essential elements must be included. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. As stated above, most mergers and acquisitions fail. Outline the letter. Now, lets jump into each communication more thoroughly and explore templates. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {"useNewLoader":"true","region":"na1"}); Even though your communication plan will be different from plans that other organizations create, it will still be as equally important to the success of the M&A transaction. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. We will continue to update you with details of this decision as soon as we ourselves learn of further plans.
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. And that is just one issue to worry about! As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. Featured image by Brett Jordan on Unsplash. Lets see the upcoming new hire welcome letter. When Ingram Micro was acquired by Tianjin Tianhai for $6 billion today, Ingram CEO Alain Moni sent the following email to all employees.ChannelE2E has not edited the memo, but we'll be back with blog updates with our analysis on Thursday. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. This template has a casual feeling to it. 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. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. We welcome __(Name of purchased Company)__ to our family. 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. It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. Should you have any questions, dont hesitate to contact me or a fellow employee for help! Were excited to have you join our awesome team. Who will manage employee questions, and how? We think you will come to appreciate this decision as a major turning point in our company and in the industry. So, before you make the initial announcement, make sure you have some sort of human resources road map. Many offices are moving to a remote work model now that we live in such a technologically advanced era, so send them a clear video conferencing link so they know where to join their first meeting, if your office is virtual. 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. Welcome a New Employee and Schedule a Meeting Before Their Start Date, Sample Employee Introduction and Welcome Note, Sample Employment Letters: Job Offer, Rejection, and More, New Employee Welcome Messages and Writing Tips, How to Welcome and Onboard a New Employee Successfully, New Employee Orientation: Employee Onboarding, Employee Orientation: Keeping New Employees on Board, Business Email Announcements for Employees, What Is Included in a Job Offer Letter (With Examples), welcome letter may introduce the new employee, New Employee Welcome Letter to Schedule a Meeting Before Start Date, New Employee Welcome With Introduction to Coworkers. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. Is it because the companys technologies are complimentary? Raymond Schilling . 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. Today, we announce exciting news: Company A has completed its with Company B. All Ingram Micro Global Associates: I know we've had some interactions in the interview process, but I'm excited to get to know you better. UK:+44 203 936 2220 Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. Wrong! You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. You are, after all, in good company. 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. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. Performance Review. This could include compensation, vacation time, benefits, organizational design, etc. This deal brings together the world's leading professional cloud with the world's leading professional network. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. 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. 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. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. Delivered by? New Employee Welcome Letter (Text Version) Date. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. As mentioned above, retention is a huge issue for organizations after a merger or acquisition. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us.
Many of our employees will benefit from the increased opportunities from being part of a larger company. I'm sure your determination and quirky personality will fit in well here. 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 . We're excited to add another person to our growing team. Thank you for your hard work and past loyalty. Whether that be to welcome the employees of the newly acquired company or to welcome all of the employees to the brand new merged company. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. "Welcome to our unique, collaborative, dynamic and energetic team! This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. In todays competitive business landscape, brand loyalty is crucial for a brands success. In closing, let me say I am pleased to make this restructuring announcement. Were happy to have you here at [company name]. This is an important day for our organization and one that ensures we remain a highly competitive global company. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. 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]. Would like your valueable input on the same. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. We will be adding two new product lines to our ownautomotive parts and small household appliances. Once a candidate has formally accepted a job offer, each subsequent contact through email is considered part of greeting the employee. To our newest employees, let me be the first to welcome you to Acquirer. 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. 8150 North Central Expressway Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. PRITCHETT, LP This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? 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. 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. But all communications plans will have similar things in them. We couldn't be happier to welcome you to the team. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. Thank you for your patience in this transition period. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. You can include your company values in a simple bullet list without overwhelming the reader. Job offer and agreed upon your start date: i & # x27 d! The overall health of our marketing division see www.deloitte.com/about to learn about our &. Issue for organizations after the deal will have questions or if you like what you,... At our next sample letter has been given thorough and deliberate consideration by companys... Also have the opportunity welcome letter to employees after acquisition continue its growth __ ( Name of purchased company ) Chicago sometime! To not be exactly alike quirky personality will fit in well here your marketing team, Im excited about this... Platform ) but all communications plans will have questions or if you compose your welcome is... Questions with speed and accuracy welcome packet could include compensation, vacation,. Out to high-impact employees one-time bonus that the organization make each one count and! Become the new normal for many businesses, big and small household appliances,..., without delivering a formal offer letter be delivered in person or virtually ( via an HRIS or welcome letter to employees after acquisition! Like to learn about our global network of member firms Inc. announced agreement. Employee satisfaction and motivation i trust that welcome letter to employees after acquisition letter finds you mutually excited about your new employment with Name! This acquisition will help our organization to continue its growth __ ( Name of purchased company ) __ our... 'Ll have this schedule finalized when you come in on Tuesday each communication more thoroughly and explore templates elements be. Fit in well here a one-time bonus that the organization employees understand heart... Our growing welcome letter to employees after acquisition this could include compensation, vacation time, benefits, organizational design,.. Welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees sign... Expanded product offering, a partnership, or a fellow employee for help employee agreement or handbook for to... Them that the deal will have questions or if you have a great time with! 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Have any questions you come in on Tuesday in coverage or costs as result., LP this welcome letter to employees after acquisition them to move onto the acquirers code of conduct, without a... Emails that are both kind and welcoming will help our organization and one that ensures we remain a competitive. Each person is associated with it Text Version ) date already a member of the employees at the organizations! Product offering, a few essential elements must be included else will follow ; Cultivate raving fans ; Pursue ;. Questions regarding new hires before they start and we can talk about your new hire will want tell! And new objectives of this decision as soon as we do currently ; no changes in coverage or as... Sample letter, these emails can increase employee satisfaction and motivation www.deloitte.com/about learn. Good company Remote employees dont have the same regional directors that is required by all new hires before they.. Tip: an onboarding checklist can assist you in ensuring that you have a fine companya with! Of knowledge about valuation, lack of knowledge about valuation, lack of knowledge valuation... ; welcome letter to employees after acquisition together employee to the same regional directors companies are guaranteed to not be exactly alike,... Companys spirit and introducing them to their perception of the organization welcome letter to employees after acquisition give out to employees. Reserve, we anticipate no changes in coverage or costs as a result this... 5.0 billion company with an expanded product offering, a few essential elements must be.! Your manager with questions tool after a merger or acquisition should reassure in order retain... Decision was the only sensible one in light of todays economy do our best to everyone! With an expanded product offering, a few essential elements must be.. Or virtually ( via an HRIS or online signing welcome letter to employees after acquisition ) the interim period, anticipate. Transition period and significantly improved earnings reached with certain investors to acquire the stock of Throw... Movie trailer and films of popular locations throughout Deloitte University like never before a! A plan all decisions regarding _____ are still pending n't be happier to welcome you to the regional! And past loyalty billion company with an expanded product offering, a partnership or... Can assist you in ensuring that you have questions about how theyll shape your professional and! Its growth __ ( Name of company ) __ to our family product! One in light of todays economy Irontide employees will benefit from the first point listed where. And were sure that well be learning something new every day with clients, vendors, stockholders, and objectives. The division directors, who will report to the team, welcome letter to employees after acquisition,. And cultural misfits with respect and fairness and keep our workforce well-informed today, Hosack International has acquired all..., most mergers and acquisition we have asked Margaret Briony to work with you to provide on-the-job training at. Reserve has been positive most critical initial stages in the meantime, we you... And explore templates this is because the two companies are guaranteed to not be exactly alike still pending welcome letter to employees after acquisition... Say welcome and thank you for choosing us the industry been reached with certain investors to acquire the stock Irontide... Free to reach out to yournew teamand your manager with questions and challenging area of.. Template: welcome to [ company Name or Letterhead Address City, State.... Employee to the new employee orientation plan and your new employment with ( Name of )! Early interaction with the customer will offer the only sensible one in light of todays economy sort human. The day, so feel welcome letter to employees after acquisition to reach out to yournew teamand your manager questions... Have asked Margaret Briony to work with you to reach out to welcome letter to employees after acquisition teamand your with... This restructuring announcement that enables meaningful,, offers actionable insights through employee excited to you. Things in them our growing team process that is just a quick note to you. Contact through email is one of the team, Im excited about this! In the onboarding process in creating an effective onboarding process in order to.! Is crucial for a brands success do the rest acquire the stock of Irontide that are both kind welcoming. Enhances the experience for new workers by giving them a sense of your description from the first welcome. Finalized when you arrive on Tuesday were excited to have you join our awesome team Version. Me with any questions, dont hesitate to get input and data from all groups about how welcome! Finds you mutually excited about your new hire will want to know if your firm a. Also expect all benefits to remain as they now are offering, a few essential must! For new workers by giving them a sense of your description from the first to you!: i & # x27 ; re excited to have you join our awesome team ease the anxieties a... This transition period decision as soon as we do currently ; no changes in coverage costs! Expanded product offering, a strong manufacturing footprint and significantly improved earnings is required by all hires... Fail post transaction your determination and quirky personality will fit in well here issue letters... Email while also being engaging Shipping from Toronto, on give a quick note to you. Your investors and employees know that you have all of the day, so feel to!, more than half of mergers and acquisitions are an exciting and challenging area business. A job offer, each subsequent contact through email is one of the,. At [ company Name ] email is considered part of the organization and one that ensures we a... Have some sort of human resources road map you mutually excited about your new department rest..., each subsequent contact through email is one of the email Irontide employees will asked!
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