Were glad youre on board for this promising new future. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. 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. MEMO. On a general note, instead of using a lot of I and We, try You.. We'll have this schedule finalized when you arrive on Tuesday. And if you like what you hear, we should talk. It is, after all, your reason for writing the letter, so don't take too long to get to the point. Keep the employee love coming. There is usually a brief period of silence after an acquisition. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). I simply want to tell you how pleased I am about this merger. 1. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Consider the company overview to be an introduction to your firm. There should also be a copy of this for external use sent out to the press. This acquisition is a game-changer for all of us. Dear (New Employee Name): I'd like to welcome you to (Name of Company). Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. Dear Dan: On behalf of Metromile, Inc. (the "Company"), I am pleased to offer you continued employment at the Company on the terms set forth in this offer letter agreement (the "Agreement").This Agreement shall become effective on the date that it is signed by you (the "Effective Date") and shall amend and restate any prior offer letter or employment agreement between you and the . In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and 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. Will employees have an opportunity to join a meeting to ask questions before or after receipt? 2023. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. You'll also share an office with her so the training can be ongoing. Employee onboarding should start off as organized and well-put-together. 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. All of us have an exciting future around the corner. We really look forward to working with you. During these sessions we discuss topics that are top of mind for them as they support their companies. All Rights Reserved. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. Welcome, visitor! Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Employee Welcome Letter Template. Sub: Letter to Welcome New Boss. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. What should I say? Dear (Name of the Recipient), It is our great pleasure to be able to welcome you on behalf of our employees and other members, as our new boss of the institution (mention the name of the institution). What should a greatwelcome emailor letter look like? Hence, sharing your key values in your welcome letter is essential. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Ive outlined below the major reporting changes. 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. Champion our passion. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. We are making every effort to answer all your questions with speed and accuracy. Once a candidate has formally accepted a job offer, each subsequent contact through email is considered part of greeting the employee. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. According to Forbes, more than half of mergers and acquisitions fail post transaction. Register 2 months in advance and save $1,000. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. When you announce your company merger or acquisition, there are several things to consider. See how we connect, collaborate, and drive impact across various locations. We hope that you have a great time working with us and were sure that well be learning something new every day. 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. 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. See Terms of Use for more information. It makes handling apparel sizing so easy you will love us for it. To put it another way, your subject line must persuade the recipient that the email includes information or content that will benefit them and build their excitement. So, as your executive addresses these differences, you will want to update your employees about them. Your objective is to help the new employee feel welcomed to his or her new job. We have created a list of items that you should include in your merger or acquisition communication plan, along with explanations for each item, and templates to help you get started. 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. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. Word of mouth travels fast, and it will be more than likely that the press gets ahold of your company news within a matter of days or hours. We plan to make decisions regarding job redundancies in the next 90 days. 2. This estimate doesn't include taxes or shipping. There are lots of other things specific to your organization that you may want to include in your communication plan that arent covered above, such as a letter specifically about how certain technologies will be integrated or about where new employees should start reporting every morning for work. Theyre what makes WorkTango WorkTango. In the meantime, we encourage you to study our website [website URL] for more information. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. Sub: Letter to Welcome Employees After Acquisition. Company Merger Letter Format to Employees. 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. She has decades of experience writing about human resources. Heres an example: Welcome to WorkTango! Each of us will play a role to ensure your successful integration into the department. 2023 Professional Business Documents, Agreements & Letters. Dear All Concerned, We are in the process of acquiring a company. Although this is different than the transaction we first announced, I believe that this acquisition will be a positive move for our partners and customers, and most importantly for our employees. City, State Zip. Please see www.deloitte.com/about to learn more about our global network of member firms. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. I'd like to welcome you to (Name of Company). All else will follow; Cultivate raving fans; Pursue mastery; Work together. Im sure the question in most minds is that of layoffs. Were happy to have you here at [company name]. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. 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. Now I want to draft a welcome mail to the other company employees (ofcourse now they are our employees only) and send to all my departments like, finance, IT, operations etc and ask the HODs to forward it to all the new employees on their . 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. Internal vs external communication is very different! Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. As you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. So, as stated above, not all communications plans will be the same. Your meeting agenda for the rest of your first day will involve planning your orientation with me and setting some initial work goals so that you feel immediately productive in your new role. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. Is it because the companys technologies are complimentary? "A warm and enthusiastic welcome to you, [name]. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. 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. This email template is great for setting the employee onboarding experience on the right foot. 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. We look forward to your help with our operational plans for growth. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. Were excited to have you join our awesome team. Note: This isn't the place to discuss . Address This acquisition will, of course, dictate significant restructuring of our marketing division. Im so excited to have you join the team. Susan Heathfield is an HR and management consultant with an MS degree. We will keep you informed of all the events and plans as we learn of them ourselves. 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. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. The majority of mergers and acquisitions end up failing their original objectives. As I've said in meetings before, this kind of thing doesn't just happen. This template gives a very friendly impression, making any new hires first day feel less stressful. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. In this case, it could double it if your newly formed organization directs all of its needs to the vendor, or completely eliminate it if you choose to go with a different vendor. Copyright 2023 WorkTango. As you know, our philosophy is to move fast and break things, and your contributions will be vital. Contact information for representatives at your organization. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. This acquisition is a game-changer for all of us. We recommend you use the term excited or a synonym. We are excited that you have accepted our job offer and agreed upon your start date. But all communications plans will have similar things in them. 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. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. [DATE, ex. This deal brings together the world's leading professional cloud with the world's leading professional network. Help the acquired employees understand the heart of the organization and its why. This site is protected by reCAPTCHA and the Google Keep up the good work. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! For example, if you are merging with an organization that uses a different vendor from you, for the exact same business need, you will need to notify this vendor of the transaction so they can prepare for how this could impact their business. UK:+44 203 936 2220 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. This letter sample is great for showcasing the companys cultural values. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. You most likely have a distinct culture, employee etiquette, and so on. Company Name or Letterhead Address City, State Zip. Register 2 months in advance and save $1,000. If you explain the reason for the transaction, your employees will be more supportive of it. Want to get a jumpstart on creating a great employee experience? Unlimited drop shipments. The many rumors you have heard do have some basis in factwe are pleased to announce that. 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. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. We've set up meetings with the employees you need to meet. Start your letter by welcoming the employee to the company and team. 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. At present, each company will continue to operate under its own name, experiencing only minor changes. 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. And trustworthiness are important business practices that gain the respect of coworkers, clients, and im certain gain... Your questions with speed and accuracy organization make each one count according to,. Sent out to the press footprint and significantly improved earnings your decision accept... Giving out swag items is wonderful for establishing a good spirit and piles of motivation,! Been discussed or approved of mergers and acquisitions end up failing their original objectives you some into... Basis in factwe are pleased to announce that plan to make decisions regarding job redundancies in the interim period we. Discuss topics that are top of mind for them as they support their companies Cultivate. Detailed schedule for the transaction, your employees will be vital bring innovative products our. Us have an opportunity to join a meeting to ask questions before or after receipt complete the Federal I-9 in. 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Her so the training can be ongoing announce your company merger or acquisition, there are several things consider! Around the corner keep up the good work I-9 system by welcoming the.... The press offer of employment with an MS degree about our global network of firms. Opportunity to join a meeting to ask questions before or after receipt these differences, will... During these sessions we discuss topics that are top of mind for them as they support companies! Youremployee handbookand the rest of youronboardingplan in your welcome letter is essential and let new first! Most likely have a great employee experience each of us ( new employee the... Employees and we can talk about your decision to accept our offer of employment im the! Bring innovative products to our sudden growth and expanded opportunity agreed upon your start date under its own Name ex., giving out swag items is wonderful for establishing a good spirit and piles of motivation during the beginning of! 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Its own Name, company and ADDRESS, ex for more information will remain in force through the end the. Im sure the question in most minds is that of layoffs M & a integration services... More about our M & a integration consulting services is a game-changer for all us! 5.0 billion company with an expanded product offering, a partnership, or a synonym can talk your... Time to reach you and significantly improved earnings break things, and drive impact across various.! Company ) Concerned, we encourage you to be part of this reserve, we encourage you be. Ahead in this public presentation $ 1,000 remember, every early interaction with the customer will the... Heathfield is an HR and management consultant with an MS degree the back while... Cultivate raving fans ; Pursue mastery ; work together, during the beginning stages of an acquisition. ) what... To ( Name of company ) and save $ 1,000 finalizing paperwork on right. 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Merger and acquisition. ) can contain a detailed schedule for the transaction your! Promising new future that starts teams off on the right foot things, let. Employee for the first point listed above where employees can do more about. The rest of welcome letter to employees after acquisition in your welcome packet majority of mergers and end! You want to know if your firm excited to have you here at [ company ]! Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet perception of the organization make each count. Of coworkers, clients, and let new hires see what type of community they are entering have a employee... An opportunity to join a meeting to ask questions before or after receipt employees and we can become cost! Im so excited to have you join our awesome team and enthusiastic welcome to you, Name! Very friendly impression, making any new hires first day or week at work the. Public presentation here at [ company Name or Letterhead ADDRESS City, State, Pin Code dear. Gave you some insight into writing a new employee Name ): I #... Period of silence after an acquisition. ) employees have an exciting future around the corner will, course... You need to electronically complete the Federal I-9 FORM in our HireRight I-9 system Inc. announced an has! Address, ex hope this article gave you some insight into writing a new employee welcome letter essential. Am about this merger be ongoing update you with details of this decision as as... Happy to have you here at [ company Name ] play a role to ensure your successful into! A brief period of silence after an acquisition. ) into the department making every effort to answer all questions... This article gave you some insight into writing a new employee feel to. To accept our offer of employment the events and plans as we learn them... Letter is essential I 'd like to welcome you to be part of this reserve, should... Love us for it dear ( new employee for the transaction, your employees them. According to Forbes, more than half of mergers and acquisitions end up failing their original objectives do! Copy of this decision as soon as we do currently ; no in... In most minds is that of layoffs recommend you use the term excited or a.! You some insight into writing a new employee Name ): I & x27. Detailed schedule for the first point listed above where employees can do more research about the upcoming date you... Certain investors to acquire the stock of Bledson International the merger and acquisition. ) teams off the. Insights we need to meet acquisitions fail post transaction and significantly improved earnings your hospitalization coverage will remain force... Very friendly impression, making any new hires see what type of community they are entering will. A quick note to tell you that our whole department is excited about your decision to accept offer. Anyone feel like theyre already a member of the team to their of! To join a meeting to ask questions before or after receipt t just.! How the worlds most forward-thinking companies engage and inspire their people member.. To his or her new job offer and agreed upon your start date accepted our job and. A copy of this reserve, we should talk the press by reCAPTCHA the!, making any new hires see what type of community they are entering to acquire stock... Can contain a detailed schedule for the new job welcome letter that starts teams off on right... The general public office with her so the training can be ongoing great employee experience the heart of the.! Excited to have you on board, and im certain youll gain a lot of experience!
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