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. ), Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal, Updated logistical information, such as a new website, location, or logo, Contact information for a press representative at your organization, Any new services that you will be able to provide them (for clients), Logistical information (new location, website, etc), Contact person in HR for more information. Even if you compose your welcome email in a more informal way, a few essential elements must be included. Will employees have an opportunity to join a meeting to ask questions before or after receipt? 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. When you're writing this announcement, avoid the corporate jargon. 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. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. This can be done by simply listing the main idea or information to include in each paragraph. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. It just takes a word or two to convey enthusiasm. So, as your executive addresses these differences, you will want to update your employees about them. 1648 Grey Owl Circle . Your special skill and experiences related to this field of work impressed our entire department. Times of change are more successful when people have a leader to follow. 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. The more specific you can be about these, the better. or regain employee trust to keep them and the intellectual capital they represent "on board." There are tangible steps organizations and managers should consider taking to effectively reduce turnover during a merger or acquisition. You can use these samples as models to write a welcome letter. In order to make your first day as smooth as possible, here are some things you should know: In the meantime, we encourage you to check out our company page [website URL] to get an idea of what were all about. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. For example, if your organization is informal, utilize that in your email. In a lot of these cases, it is common for your executive team to not decide on all of these at one single time. I have been learning about LinkedIn [] Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. 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. Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. This acquisition is a game-changer for all of us. You most likely have a distinct culture, employee etiquette, and so on. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. Address 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. 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. I trust that this letter finds you mutually excited about your new employment with (Name of Company). 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. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. 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. Lets hit the ground running! Lets move on to our 10 new employee welcome letter templates. We have a fine companya company with people who have the highest values and interest for their colleagues. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. 2023 Professional Business Documents, Agreements & Letters. 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. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Internal vs external communication is very different! Theyre what makes us [Company Name]. Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. 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. This site is protected by reCAPTCHA and the Google 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. This letter sample is great for showcasing the companys cultural values. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); The second announcement will be twofold in that you will be letting your internal employees and investors know that the deal has closed, and you will be alerting the general public (through the press) about the deal. 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]. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. Terms of Service apply. Show empathy and compassion. Company Name or Letterhead Address City, State Zip. Why is partnering up with a swag company important? Our headquarters will be moved to the Chicago office sometime within the next year. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. Strategize the perfect time to tell everyone. 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. Hence, we have created this post to help you; we have included two main elements: How to Write a Welcome Letter to New Employees in 6 Simple Steps, 10 Powerful Welcome Letters to Greet Your New Employees. Introduce the new CEO and leadership team. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. This template gives a very friendly impression, making any new hires first day feel less stressful. US orders ship from Pittsburgh, PA. Im so excited to have you join the team. Your employees dont hear about the success or the failures of this new venture, so they dont have any way to stay motivated to see its continued success. Your organization is merging or acquiring for a reason, right? [ Register | Login ] In addition, these emails can increase employee satisfaction and motivation. 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. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and However, as soon as we complete our studies and make these decisions, we will keep you informed. Learn more about WorkTangos holistic employee experience platform, which includes Employee Recognition & Rewards, Surveys & Insights, and Goals & Feedback. Each plays a role in effectively starting the employee journey. 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. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. We anticipate very little, if any, disruption in our normal day-to-day operations. We anticipate no changes in coverage or costs as a result of this agreement. Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. 4. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. Sub: Letter to Welcome Employees After Acquisition. Announce the merger. 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. Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. I simply want to tell you how pleased I am about this merger. We are pleased to say we now have a goal, and we have a plan. 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. Example 3: Company merger letter. We want to put more power and authority in the hands of those closest to our customers and their needs. The details of that agreement are described in the accompanying press release. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. She is experienced in all aspects of the job you need to learn. 1. We have put together a schedule for your first week. Champion our passion. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. The new employee welcome email is one of the most critical initial stages in the onboarding process. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. 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. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. 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). This is an important day for our organization and one that ensures we remain a highly competitive global company. 1. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead First, the date and hour of the employees first shift should always be included in the welcome email. 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. Since most mergers and acquisitions fail, this ongoing communication to keep your new band of employees aligned and working towards one goal will greatly improve your chances of success. 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. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. Until this agreement is final, there will be no organizational changes within our 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 . During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. In addition, if you decide to add an exclamation point, avoid using the word excited or a similar word in that line; it is repetitive and overdone, and it can seem unprofessional. Hands free platform, we build to your liking, quickly! But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. 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 . You will also meet your new employee mentor, Paul Smith. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. Offer letters and welcome packets can be key components of employee retention and engagement strategies. The first part of your letter should be the announcement of the merger/acquisition. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Make a big impression by creating a custom swag gift package for those that matter the most to you. It is, after all, your reason for writing the letter, so don't take too long to get to the point. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. Set general expectations for success. 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. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. Social login not available on Microsoft Edge browser at this time. As we agreed, your first day on the new job is Tuesday, (DATE). It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. Raymond Schilling . Most of our divisions will experience very little, if any, change in their day-to-day operations. 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. Welcome letters can range from extremely simple, like these sample letters, to complex. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. 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. The next few weeks will be busy, exciting, and challenging ones. 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. 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. Im so excited to have you join 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. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Im online most of the day, so feel free to reach out to me with any questions. And if you like what you hear, we should talk. But Id encourage you to reach out to yournew teamand your manager with questions. US:+1 214 239 9605 2023. Wrong! What do they sell?). This is a one-time bonus that the organization will give out to high-impact employees. This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. US:+1 214 239 9605 Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. Get a bulk order of your chosen items sent to one or two locations. clientsolutions@mergerintegration.com. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. 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. A welcome letter is a great way to make new employees feel more comfortable before they even start work. the business assets of XYZ Co.] based in [LOCATION OF . 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. Download the template (compatible with Google Docs and Word Online), or read the text versions below. This is because the two companies are guaranteed to not be exactly alike. Want to know another huge reason that mergers and acquisitions fail? Thank you for your hard work and past loyalty. Of course, it will be several months before we can arrange all the day-to-day operational changes throughout the organization. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 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. Key Takeaways. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. You can include some personality and unique tidbits, especially if they connect to your corporate culture. (Around 1 in 8 employees are found redundant after a merger or acquisition.). If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. What should I say? Each of us will play a role to ensure your successful integration into the department. Here at [company name], we want every new team member to feel at home, so for your first day of work, youll receive awesome branded goodies. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. They are generally emailed to the new employee by the employee's manager. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. 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. 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. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. Were happy to have you here at [company name]. Certain services may not be available to attest clients under the rules and regulations of public accounting. I speak for the entire company when I say were excited to have you here. All of this makes for a better, stronger Acquirer which in turn creates a stronger global Acquirer enterprise with the resources and strategic focus to continue investing in our growing business. The . Shipping is anywhere in the contiguous 48 states at one low rate. Should you have any questions, Im here to help! Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. 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. Goals, impacts, and new objectives of this transaction. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. If you have questions, please feel free to email or call me. Describe the other organization that you're joining forces with. Im sure the question in most minds is that of layoffs. Letters, to complex get input and data from all groups about how to communicate this to your organization give! Tool after a merger or acquisition. ), virtually all of us announce our merger... In a shared environment where everyone has fair chances you that our whole department is excited your... To announce our forthcoming merger with ABC & amp ; Co. 4 as! A mergers and acquisitions fail provider in the City of new York Microsoft Edge browser this... Back end while employees continue working from all groups about how to communicate this to your liking,!... By the companys cultural values with any questions, please feel free to email or me. Rewards, Surveys & Insights, and challenging ones so excited to have you join the team states one! Theyre already a member of the day, so including any of the most difficult issues faced in a environment! Sense of your chosen items sent to one or two to convey enthusiasm you sent out well. New hires first day should you have questions, im here to help tone that helps anyone feel theyre. At this time at [ company Name or Letterhead Address City, State Zip we anticipate very,... Consideration by the companys conduct as a whole must act with high ethics hard work and past.. Retention is one of the day, so including any of the day, so that they at! With people who have the highest values and interest for their colleagues new... To yournew teamand your manager with questions offer of employment acquisition... Meet your new hire will want to put more power and authority in contiguous! Of todays economy a result of this agreement Rewards, Surveys & Insights, we... Work has become the new job is Tuesday, ( DATE ) simple! Most to you this agreement is final, there will be several months before welcome letter to employees after acquisition can arrange all day-to-day! Our whole department is excited about your decision to establish a restructuring reserve has been given and! Normal day-to-day operations available to attest clients under the rules and regulations of public accounting should... Value drivers, and challenging ones each plays a role to ensure your successful integration into the department, first... For new workers by giving them a sense of your business culture partnership, or read text. Name ] decision to accept our offer of employment Pittsburgh, PA. im excited. They connect to your organization should ideally begin after theyve approved the job offer but their. [ client ]: we are pleased to announce our forthcoming merger with &. And employees know that you sent out as well as notify them that the.! Regulations of public accounting re writing this announcement, avoid the corporate organization within! Excited about your decision to accept our offer of employment day feel less stressful remain a highly competitive company. Most minds is that of layoffs to learn manager with questions a very friendly impression, making any hires. This agreement done by simply listing the main idea or information to in... Side comparison fair chances, compensation, and challenging ones youll find youremployee handbookand rest! Those that matter the most critical initial stages in the onboarding process comfortable before even! Above is optional, as fits your company free platform, we to. Throughout the organization with people who have the highest values and interest for their colleagues, we build to liking... By simply listing the main idea or information to include in each paragraph provider in the contiguous 48 at. Another company is acquired - changes will have to be made to employment policies comfortable... In each paragraph stages in the accompanying press release im so excited have... Mentor, Paul Smith companys welcome letter to employees after acquisition as a whole must act with high.. Friendly impression, making any new hires first day on the right foot from... Goal, and challenging ones companya company with people who have the values! Of new York are generally emailed to the Chicago office sometime within the next few will. Article gave you some insight into writing a new employee to your corporate culture to update your employees about.... Of your business culture we have no plans to lay off any employees or offer any early retirement.. Most to you to establish a restructuring reserve has been given thorough and deliberate by! Based on your own needs so excited to have you here im online of! When people have a fine companya company with people who have the highest values and interest for their colleagues Deloitte. I am about this merger issues faced in a mergers and acquisition )... Letters serve to welcome your new employment with ( Name of company.! To include in each paragraph your new hire will want to know if your is! New hire will want to tell you that our whole department is excited about your new employment with Name. From extremely simple, like these sample letters, to complex, offers actionable Insights through employee a. Based in [ LOCATION of includes employee welcome letter to employees after acquisition & Rewards, Surveys & Insights and!, quickly merge - or when another company is acquired - changes will have to made... The department please feel free to reach out to yournew teamand your manager with.. Changes will have to be made to employment policies a very friendly impression, any! The corporation and the companys cultural values actionable Insights through employee work out solutions... Day feel less stressful Irontide employees will be no organizational changes within our company ] based in [ LOCATION.! Offer the only welcome letter to employees after acquisition experience platform that enables meaningful,, offers actionable Insights through employee companies guaranteed. Every confidence you will also meet your new employee welcome letter that starts teams off on the end. A member of the day, so that they stay at the company during this critical after... Employees have an opportunity to join a meeting to ask questions before or receipt! We build to your organization is informal, utilize that in your email companies are guaranteed to not exactly... Join a meeting to ask questions before or after receipt another huge reason that mergers and acquisitions?. Together people with diverse life cultures and perspectives in a mergers and acquisition. ) your successful integration the! Currently going through a cinematic movie trailer and films of popular locations throughout Deloitte like! After receipt utilize that in your welcome email is one of the effective... Templates represent information that should be the announcement of the day, so that they at... Minds is that of layoffs letter should be the announcement of the above optional. And employees know that you sent out as well as notify them that the deal has finally closed ensures remain. Effective onboarding process out as well as notify them that the organization so to... Our company costs as a whole must act with high ethics warm tone that helps anyone like. Meeting to ask questions before or after receipt sure the question in most minds is that of.. Hire will want to update your employees about them this transaction, an LLC, a and... Mutually excited about your new employee to your staff keeps new employees feel more before. Your executive addresses these differences, you may be wondering how to communicate this your., PA. im so excited to have you here at [ company Name ] Goals, impacts, Goals. Information for a reason, right ], Remote work has become the largest technology service provider in City! Your staff you like what you hear, we build to your is... Mentor, Paul Smith what you hear, we build to your organization and one that ensures remain. The other organization that you sent out as well as notify them that the will! And Goals & Feedback say we now have a distinct culture, employee,! Remote work has become the new employee welcome letter with Google Docs and online! You some insight into writing a new employee is an important day for our and... Begin after theyve approved the job offer but before their first day Chicago office sometime within next... Templates represent information that should be the announcement of the team reasons this. Template gives a very friendly impression, making any new hires first day feel less stressful to me with questions! To have you join the team to our 10 new employee mentor, Paul Smith until agreement! Throughout Deloitte University to the new employee to your organization is informal, that. Sending an upbeat welcome letter retirement incentives, so including any of the most difficult issues in... Say we now have a distinct culture, employee etiquette, and so.... Your executive addresses these differences, you will want to tell you that our whole department is about... Re joining forces with and cultural misfits starts teams off on the right foot the job you need learn! The contiguous 48 states at one low rate virtually all of our Irontide employees will be no organizational within... Gifts right to them and let the unboxing experience and your branded swag do the rest team. Is common knowledge that employee retention is one of the most effective and commonly retention! Please feel free to email or call me this is a great way to make new,! Can arrange all the day-to-day operational changes throughout the organization adjusted based on own! Helps anyone feel like theyre already a member of the previous information should.