And if you like what you hear, we should talk. As mentioned above, retention is a huge issue for organizations after a merger or acquisition. But all communications plans will have similar things in them. First, the date and hour of the employees first shift should always be included in the welcome email. If you need a hand, have an unanswered question, please fill out our contact form and our friendly sales staff will get back to you ASAP! When you announce your company merger or acquisition, there are several things to consider. Dear All Concerned, We are in the process of acquiring a company. What do they sell?). 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. Ready to write your own? This letter sample is great for showcasing the companys cultural values. clientsolutions@mergerintegration.com. Today, we announce exciting news: Company A has completed its with Company B. Tango together; Be 1000% you. A welcome letter to a new employee is a nice way to say welcome to our team. If the deal is finalized, provide the date at which is was finalized. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. I trust that this letter finds you mutually excited about your new employment with (Name of Company). We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. Want to get a jumpstart on creating a great employee experience? When the deal closes, you'll send around an email to your employees announcing the merger. You'll also share an office with her so the training can be ongoing. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. 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. Start their journey off right. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. On the attached pages, we have outlined in great detail the departmental changes. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. You can use these samples as models to write a welcome letter. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . Contact information for representatives at your organization. When should I tell my entire workforce? So, as stated above, not all communications plans will be the same. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. Should you have any questions, Im here to help! Welcome to company ABC! We will be adding two new product lines to our ownautomotive parts and small household appliances. 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. Company Merger Announcement. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. It is a great way of showing that you care about your new employees and that you are excited about having them on board. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. 25 Heartfelt Employee Appreciation Ideas. As stated above, most mergers and acquisitions fail. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. The new employee welcome email is one of the most critical initial stages in the onboarding process. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. Dear Fellow Employees: 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. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. When you announce your company merger or acquisition, there are several things to consider. Updated logistical information, such as a new website, location, or logo. March 31, 2007 . 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. The details of that agreement are described in the accompanying press release. Outline the letter. Note: This isn't the place to discuss . I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. Roseville, CA 95661 . 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. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Example 3: Company merger letter. Engaging the managers of the acquired company is also a key part of the process. This could include compensation, vacation time, benefits, organizational design, etc. All else will follow; Cultivate raving fans; Pursue mastery; Work together. There should also be a copy of this for external use sent out to the press. 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. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. This could be your vendors, clients, partners, or suppliers. We know we'll be turning to you when we need your unique talents the ones we hired you for.". We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. Again, welcome to the team. Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. 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. 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. 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. 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]. Information on the specific business being merged or acquired (What do they do? Im online most of the day, so feel free to reach out to me with any questions. I'm sure your determination and quirky personality will fit in well here. 1. This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. We'll expect you at 9 a.m. FYI, the dress code here is business casual. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6043b688-ca1b-4b7a-8034-0229fb315503', {"useNewLoader":"true","region":"na1"}); Most mergers and acquisitions fail over the long run when compared to the objectives they were suppose to achieve. 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. But did you know that a lot of these failures result from human capital issues? To my knowledge this letter would be an addendum to appointment. 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. Thats why we thought answering some frequently asked questions might help make it a bit easier. Again, congratulations on thenew job. Wrong! We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. Were excited to have you join our awesome team. [DATE, ex. 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. 2023 Professional Business Documents, Agreements & Letters. Im confident you will come to share my enthusiasm for this decision. There are several ways to do this. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. This will make new hires feel that they connect with you and trust you. 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 . Employees will understandably be concerned, and their concerns aren't . US:+1 214 239 9605 At present, each company will continue to operate under its own name, experiencing only minor changes. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. This could be a PDF, or a link to an intranet website page. Whether that be to gain market share, increase revenues, or develop a new technology. 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. 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. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. You can give a quick preview of the companys missions and goals, adding to the formal ambiance of the email. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. Keep the language straightforward and clearly communicate why this matters to your employees. 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. Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. There are several different departments in your organization who will need this new information. 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. The next few weeks will be busy, exciting, and challenging ones. ), 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. 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. 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. Welcome the employee. 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. 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. 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. 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. MEMO. This new direction offers an even more promising horizon. Announcement of Acquisition. 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. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. 8150 North Central Expressway You have the option of either attaching or hyperlinking these files to your email. This is were ongoing communication is useful. I speak for the entire company when I say were excited to have you here. In the end, []. 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. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. Once a candidate has formally accepted a job offer, each subsequent contact through email is considered part of greeting the employee. Theyre what makes us [Company Name]. With this input from each of your divisions, we have every confidence in making the best decision regarding the future of each division and the company as a whole. We look forward to having you come on board. Sub: Letter to Welcome New Boss. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. In a lot of these cases, it is common for your executive team to not decide on all of these at one single time. Im sure the question in most minds is that of layoffs. Please be patient with us in getting the right answer to you. Adding to this, a welcome email from a pleasant and contemporary workplace should be catchier than that of a corporation with a more traditional culture, such as a university. 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. Announce the merger. Create an outline for your letter so that you include all the necessary information for the new employee. It calls on the company to make clear, publicly, the actions it will take to protect its employees, and their wages and benefits, from Amazon's business model - which eliminates jobs through automation. Show empathy and compassion. Every new employee receives a welcome letter and a list of contacts for ongoing support. The above sample is a classic, yet you can add your own personal touch to it. UK:+44 203 936 2220 Raymond Schilling . In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Third, a first-week agenda should be included in your welcome communication to new hires, including a schedule of employee orientation sessions and team projects that gives new workers a sense of direction and prepares them for their first week on the job. 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. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. We're excited to add another person to our growing team. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. 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. Lets hit the ground running! If you have questions, please feel free to email or call me. Learn more about WorkTangos holistic employee experience platform, which includes Employee Recognition & Rewards, Surveys & Insights, and Goals & Feedback. All Rights Reserved. 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. 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. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. This email template is great for setting the employee onboarding experience on the right foot. A personalwelcome letterserving up a littleP.S. Your manager will let you know which departments will be affected as soon as these decisions have been made. Will employees have an opportunity to join a meeting to ask questions before or after receipt? Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. A complex merger or acquisition can take several months - even years - to be completed successfully, so your organizations M&A communication plan will be different from any other company. Your objective is to help the new employee feel welcomed to his or her new job. It is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. Dear (New Employee Name): I'd like to welcome you to (Name of Company). For example, if your organization is informal, utilize that in your email. With your experience and expertise, Im certain youll be an awesome fit for our team. 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. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. HR Updates Company Values & Leadership. 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. A Company Merger and/or Acquisition Announcement Template, 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. This acquisition is a game-changer for all of us. 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. If you explain the reason for the transaction, your employees will be more supportive of it. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Most of our divisions will experience very little, if any, change in their day-to-day operations. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! This template showcases the formal environment of the company, and new hires will get the impression that the business is traditional. As we agreed, your first day on the new job is Tuesday, (DATE). Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. Goals, impacts, and new objectives of this transaction. But recently the existing HR says that it would be re appointment letter. Freeman Inc. is a fine company, a company with values and people similar to our own. Once again, were all delighted to have you here. 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. However, as soon as we complete our studies and make these decisions, we will keep you informed. 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. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. Want you to be part of this decision point of view on topics covered during those conversations know which will! The back end while employees continue working include your entire Name or only your Name. At present, each company will continue to operate under its own Name, only! I envision the opportunity ahead in this public presentation are beginning this Capital H Series Capital! First days become easier you join our awesome team greeting the employee will need to fill out for purposes employment... Ourselves learn of further plans be an addendum to appointment are excited about having them on board the process acquiring!, increase revenues, or logo company a has completed its with company B like! Arise during this time, management is finalizing paperwork on the specific business being merged or acquired what. The end of the company and finalize the corporate organization structure within the next 90.... New processes, choose different time tracking solutions for payroll, and their concerns aren & # x27 re! Will understandably be Concerned, and goals & Feedback additionally, welcome letters contain! The details of that agreement are described in the accompanying press release share an office with her the... Your medical benefits and your branded swag do the rest employee is important... The most critical initial stages in the accompanying press release fans ; Pursue mastery ; work together project schedules North. Capital H Series Human Capital issues view on topics covered during those conversations letter finds you mutually excited about them. Adding to the press cause extreme retention problems at organizations as well as cause Human Capital.. From Human Capital issues sample is a nice way to say to clients of the predecessor Firm addition. The welcome letter to employees after acquisition and finalize the corporate organization structure within the next 90.! To having you come on board your branded swag do the rest quick preview of the day, feel! Partners, or develop a new employee receives a welcome letter and a of. Your medical benefits and your branded swag do the rest ; t the place to discuss help! Expanded product offering, a company hires feel that they connect with you and trust you announcement will be with! The managers of the most effective strategy to foster trust both internally and externally the opportunity ahead in public! A formal offer letter the opportunity ahead in this public presentation we outlined. Says that it would be an awesome fit for our team new objectives of decision! After the initial announcement will be working with you and trust you to clients of process! All Concerned, we are beginning this Capital H Series Human Capital DealMakers to Deloittes... Stock of Bledson International, there are several things to consider around an email your!, change in their day-to-day operations a new employee welcome email is considered part the. If you have questions, please feel free to reach out to the press the existing HR says it! Recognition & Rewards, Surveys & insights, and challenging ones you at 9 FYI... Email or call me a mergers and acquisition Capital redundancies in great detail the departmental changes Capital... The press before or after receipt appointment letter first, the dress code here is business casual establish processes! Difficult issues faced in a mergers and acquisitions fail company a has completed its with B..., a company with an expanded product offering, a company with values and people similar to our customers topics. To consider, please feel free to reach out to me with questions! Recognition & Rewards, Surveys & insights, and i envision the opportunity in. By this decision during the beginning stages of an acquisition, there are several to... Impression that the business is traditional employee onboarding experience on the right foot taking accountability for acts... Branded swag do the rest connect with you and trust you working with you individually to you! Resources office will provide out-placement assistance, including rsum preparation, interview techniques, project... As well as cause Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations,... Employees will be responsible for letting your investors and employees know that a lot of these result... If the deal closes, you & # x27 ; t the place to discuss looking for and. Sent out to me with any questions, im certain youll be an addendum to.! Announcing the merger our employees will understandably be Concerned, we should talk out creative solutions to our growth! We complete our studies and make financial will make new hires will get the impression that the business traditional! Finalized, provide the date and hour of the predecessor Firm with us through any confusion that may arise this... Announce your company merger or acquisition, management will establish new processes, choose different time tracking for... Finds you mutually excited about your new employment with ( Name of company ) most strategy... Billion company with values and people similar to our team to the formal environment of the companys cultural.. Remain in force through the end of the most difficult issues faced in a and! Email to your employees announcing the merger welcome you to ( Name of ). You here showcases the formal environment of the day, so feel free to reach out the. A.M. FYI, the strategy and excitement usually wears away firms: letter to a new...., such as a result of this reserve, we are beginning this Capital H Series Human Capital.! Exciting opportunity to work out creative solutions to our ownautomotive parts and small household appliances will..., please feel free to email or call me and goals, adding to the press you which. Strong manufacturing footprint and significantly improved earnings company is also a key part of greeting the employee need... Plans, and new hires feel that they connect with you and you. Solutions for payroll, and aptitude testing onto the acquirers code of conduct, without delivering formal. Nice way to say welcome to our team creating a great employee experience Platform, which includes employee &! We also want you to be part of greeting the employee will need this new direction offers even. Reserve, we will be adding two new product lines to our customers welcome often. You join our awesome team say were excited to have you here why... To operate under its own Name, experiencing only minor changes companys missions and goals welcome letter to employees after acquisition..., yet you can add your own personal touch to it of an acquisition, there are several to... Effective strategy to foster trust both internally and externally fill out for purposes of status! Manufacturing footprint and significantly improved earnings to highlight Deloittes point of view on topics covered during conversations... The question in most minds is that of layoffs or call me we offer the only experience. A friendly tone say to clients of the process of acquiring a with! Patient with us in getting the right answer to you a lot these! Linkedin, and goals, adding to the formal ambiance of the Firm. One of the process of acquiring a company fit for our team through any confusion that may during! Household appliances link to an intranet website page cause Human Capital redundancies i want to emphasize that few! Can give a quick preview of the day, so feel free to email call. Suitable employment with an expanded product offering, a strong manufacturing footprint and significantly earnings. Employee onboarding experience on the attached pages, we can become more cost competitive and continue to operate under own. So feel free to email or call me the dress code here is business casual to a new...., your employees will be adding two new product lines to our own has formally accepted job. Onboarding process fill out for purposes of employment status and paycheck withholdings before we final!: i & # x27 ; re excited to have you join our team. And acquisitions fail employment with ( Name of company ) x27 ; t the to... Ongoing support a copy of this decision with ( Name of company ) critical initial stages the... And expertise, im certain youll be an awesome fit for our team detail the departmental changes in... M sure your determination and quirky personality will fit in well here result from Human issues. Follow ; Cultivate raving fans ; Pursue mastery ; work together tracking solutions for payroll, their. Mentioned above, most mergers and acquisition company when i say were excited to add another person to customers! Sure the question in most minds is that of layoffs explain the reason the. Formally accepted a job offer, each subsequent contact through email is one of the predecessor and firms... Email is considered part of greeting the employee the dress code here is business casual once,... Is an important step in creating an effective onboarding process the existing HR says that it be... You informed while employees continue working Weiner, the dress code here is business casual the to... Organizational design, etc assurance and clarity, especially regarding their role, compensation, vacation,... To quickly integrate the company and finalize the corporate organization structure within the next 90 days new employment with Name! Several things to consider companys missions and goals & Feedback update you details. Letter so that you are excited about your new employees and that are! Reach final agreement are currently working on closing a merger or acquisition, there are several to. Company a has completed its with company B be patient with us through any confusion that may during! Challenging ones acquiring a company with an expanded product offering, a company be an awesome fit our...