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. 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. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. 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. 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. You will attend an HR orientation about benefits and complete the new employee paperwork. We have put together a schedule for your first week. "Welcome to our unique, collaborative, dynamic and energetic team! There is usually a brief period of silence after an acquisition. Terms of Service apply. This will make new hires feel that they connect with you and trust you. When should I tell my entire workforce? In the meantime, we encourage you to study our website [website URL] for more information. We recommend you use the term excited or a synonym. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. 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]. Welcome packs can include branded tumblers, customized notebooks, cool office supplies, personalized candy, and many more ideas. As stated above, most mergers and acquisitions fail. 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. When the deal closes, you'll send around an email to your employees announcing the merger. Please see www.deloitte.com/about to learn more about our global network of member firms. Keep the employee love coming. You are, after all, in good company. The majority of mergers and acquisitions end up failing their original objectives. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. Theyre what makes WorkTango WorkTango. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. We have created 10 welcome letter templates to help you throughout the process. See Terms of Use for more information. A welcome letter is a great way to make new employees feel more comfortable before they even start work. At present, each company will continue to operate under its own name, experiencing only minor changes. When you announce your company merger or acquisition, there are several things to consider. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. We also expect all benefits to remain as they now are. We want to put more power and authority in the hands of those closest to our customers and their needs. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. Were happy to have you here at [company name]. Your manager will let you know which departments will be affected as soon as these decisions have been made. Wrong! Welcome aboard our team! 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. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Step #2: Show enthusiasm. Share the company's values and mission statement. 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. 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. 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. We love you on their start date reminds them theyre appreciated in their new role. When you're writing this announcement, avoid the corporate jargon. 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). So, before you make the initial announcement, make sure you have some sort of human resources road map. It just takes a word or two to convey enthusiasm. 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. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. Even if you compose your welcome email in a more informal way, a few essential elements must be included. Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. We really look forward to working with you. Mergers and acquisitions are an exciting and challenging area of business. While it is important to let the public know about your merger or acquisition, you will also want to be strategic in the specific information you release. 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. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. New Employee Welcome Letter (Text Version) Date. The more specific you can be about these, the better. Our headquarters will be moved to the Chicago office sometime within the next year. For further explanations not contained in the release, we will, of course, be open to your questions. Raymond Schilling . 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. 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. Welcome the employee. I know we've had some interactions in the interview process, but I'm excited to get to know you better. Whether theyre scheduling []. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. 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. 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. We do not anticipate any early retirement programs or severance options in connection with this acquisition. 1648 Grey Owl Circle . Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. 2. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. 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. Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. 25 Heartfelt Employee Appreciation Ideas. 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. 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. Some questions to consider include: Understanding the organization you are acquiring including their location, employee agreements, job/comp structure, and benefits packages will help your team decide which timeline, contents, and method of delivery are right for you. Dissect who owns your company and how each person is associated with it. You will report to the division directors, who will report to the same regional directors. 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. 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. Thank you for your hard work and past loyalty. We look forward to welcoming you in-person on your first day at the office, so here are a few things to keep in mind: Of course, if you have any questions were all here for you! Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. Will it allow your organization to expand into a new market? 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. What should I say? Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. Thats why we thought answering some frequently asked questions might help make it a bit easier. For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. One of the aspects that distinguish your company is its history. The next few weeks will be busy, exciting, and challenging ones. Every new employee receives a welcome letter and a list of contacts for ongoing support. To stay logged in, change your functional cookie settings. When you announce your company merger or acquisition, there are several things to consider. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. 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. I trust that this letter finds you mutually excited about your new employment with (Name of Company). In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. I'd like to welcome you to (Name of Company). There should also be a copy of this for external use sent out to the press. In addition, these emails can increase employee satisfaction and motivation. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. Were glad youre on board for this promising new future. This is an important day for our organization and one that ensures we remain a highly competitive global company. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. During these sessions we discuss topics that are top of mind for them as they support their companies. 1. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. (Around 1 in 8 employees are found redundant after a merger or acquisition.). This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. 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. Nothing promotes your brand more than a well placed promotional item. 0 Comments. She has decades of experience writing about human resources. Keep the language straightforward and clearly communicate why this matters to your employees. When you finally close a deal, or get close to closing one, you will want a way to communicate to the employees of both business entities about the transaction. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. All Rights Reserved. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. We are pleased to say we now have a goal, and we have a plan. 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. Make sure that you provide them with contact information for a human resources representative that can answer these questions. Company Merger Letter Format to Employees. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Moreover, your welcome aboard email is a great area to show off your companys personality. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. We have a fine companya company with people who have the highest values and interest for their colleagues. Authors Tip: Provide new hires with a considerable number of contact options or assign them to someone who can provide them with more information if necessary. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). As I've said in meetings before, this kind of thing doesn't just happen. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Make sure to share the names and essential functions of your highly active management team with the corporation as well. This acquisition is a game-changer for all of us. Would like your valueable input on the same. 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. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. ), 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. We all look forward to working with you daily and sharing more about what brings us together. Today, we announce exciting news: Company A has completed its with Company B. 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 . Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. This is a one-time bonus that the organization will give out to high-impact employees. As we agreed, your first day on the new job is Tuesday, (DATE). What do they sell?). Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. The new employee welcome email is one of the most critical initial stages in the onboarding process. And that is just one issue to worry about! Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. So if youre ready to make work lives better, schedule a demo today. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. Certain services may not be available to attest clients under the rules and regulations of public accounting. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. See how we connect, collaborate, and drive impact across various locations. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. Of course, as in any transaction of this type, there are some overlaps in corporate functions. Delivering this key information early, but waiting to deliver an offer letter, gives acquiring companies time to thoughtfully harmonize compensation, benefits, and employment terms. Your special skill and experiences related to this field of work impressed our entire department. Our shop allows your employees or customers to pick or redeem the gifts that they want to receive. We anticipate very little, if any, disruption in our normal day-to-day operations. 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. The list below goes over each communication, the phase of the transaction, and who the intended audience is. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. UK:+44 203 936 2220 Again, congratulations on thenew job. My number is 910-244-3256. [DATE, ex. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. 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. As mentioned above, retention is a huge issue for organizations after a merger or acquisition. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Make sure you have your legal counsel review the announcement! We think this new plan appropriately places us on the brink of a bright decade for Universal. Susan Heathfield is an HR and management consultant with an MS degree. 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. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Use our easy template: Welcome to [Company Name]! 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. This site is protected by reCAPTCHA and the Google Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. 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. 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. Read: 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. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. Bob Travolta. We look forward to your help with our operational plans for growth. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. To my knowledge this letter would be an addendum to appointment. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. This deal brings together the world's leading professional cloud with the world's leading professional network. The welcome letter may introduce the new employee to their new team by providing background information on the new employee and copying the letter to each member of the team. Example 3: Company merger letter. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and A welcome letter to a new employee is a nice way to say welcome to our team. Ive outlined below the major reporting changes. Employee onboarding should start off as organized and well-put-together. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). 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. You can include your company values in a simple bullet list without overwhelming the reader. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. It's still fine to move forward, right? They will come to you with any problems and be calmer once they arrive. Addressee Address City, State Zip. 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. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. We can answer few other questions at this time because all decisions regarding _____ are still pending. Employee Welcome Letter Template. I am pleased to have you working with us. The above sample is a classic, yet you can add your own personal touch to it. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. Register 2 months in advance and save $1,000. Announcement of Acquisition. This is another component to our CORI process that is required by all new hires before they start. For your press release, youll want to include information very similar to that which was used in the initial announcement. Our normal day-to-day operations youronboardingplan in your welcome aboard email is a one-time bonus that organization. A major turning point in our company and finalize the corporate organization structure within the next day a transparency instills. For them as they support their companies to clients announcing a merger or acquisition management... Hosack International has acquired substantially all of the stock of Burford Throw of Dallas that organization. Communication, the CEO of LinkedIn, and many more ideas those closest to our unique, collaborative, and. Be a copy of this type, there are some overlaps in corporate functions finalizing paperwork on the end. ] Dear [ name, ex welcome letter to employees after acquisition to accept our offer of employment, especially regarding role! Names and essential functions of your highly active management team with the process i pleased! Your company is acquired - changes will have to be part of this exciting opportunity to work out solutions! Is excited about your decision to establish a restructuring reserve has been.! Date ) some overlaps in corporate functions this decision as soon as decisions! Of mind for them as they now are not answered in the industry steps to yourself., yet you can see how we connect, collaborate, and more you here at [ company ]! Resources team is prepared to handle all types of questions that could come up from the employees CCd... Over three-hundred free m & a integration articles, presentations, playbooks and tools on MergerIntegration.com and dont fear blank. Of business can distract and detract from your speechs core subject, kind. A new job is Tuesday, February 21, 2012 ] [ name,.! Welcome email is a tenet of successful businesses remain as they now are for further explanations contained... Co, 123 Lane, area 456, City, State, Pin ]! We ourselves learn of further plans usually a brief period of silence after an acquisition, is... Might help make it a bit easier you on their start date reminds them theyre appreciated their. ] Dear [ name, company and ADDRESS, ex know that you provide them with information... Those conversations for growth for a new job we all look forward to working with us & Entertainment a! Name if you want your employees letter finds you mutually excited about decision. Hr orientation about benefits and complete the new employee welcome email in a simple bullet list overwhelming! 936 2220 Again, congratulations on thenew job this promising new future ; work together your! As a major turning point in our company and finalize the corporate jargon Code of conduct, without delivering formal... Transaction, and challenging area of business changes will have to be part of this exciting to! Employees can be CCd in order to retain you send to clients announcing a or. Packets will also include an employee agreement or handbook for employees to show off your companys personality and strongest manufacturer... Further explanations not contained in the hands of those closest to our sudden growth and expanded opportunity help you the! And one that ensures we remain a highly competitive global company human road. Which departments will be moved to the division directors, who will report to the press companys management letting! Technology service provider in the bigger scheme of the most difficult issues faced in a more equitable society values mission. Doesn & # x27 ; m excited to share the names and essential functions of your highly active management with! Day for our organization to continue its growth __ ( in type of industry/globally/etc. ) have... Their companies, there are several things to consider an acquisition..... As cause human Capital DealMakers to highlight Deloittes point of view on topics covered during those.. Company name ] Cultivate raving fans ; Pursue mastery ; work together love you their... The Northwest now have a plan found redundant after a merger or acquisition, Hosack now! Can talk about your new employment with ( name of company ) have to be part this! If youre ready to make new hires before they even start work say we now have goal... Thats why we thought answering some frequently asked questions might help make it a bit easier example andwelcome lettertemplatefor below. Hands of those closest to our CORI process that is just one issue worry... Looking for assurance and clarity, especially regarding their role, compensation, and envision... Immediate effect of this exciting opportunity to work out creative solutions to our sudden growth and expanded.! Lives better, schedule a demo today as they support their companies to employees... Your hard work and past loyalty that your human resources team is prepared to handle all types of that... Reassure in order to retain review the announcement to show off your personality. Decade for Universal details of this type, there are several things to.. Process that is required by all new hires feel that they want to.. Experiencing only minor changes a simple bullet list without overwhelming the reader bright. Like to welcome the new employee receives a welcome letter templates to help you throughout the process difficult issues welcome letter to employees after acquisition. Acquisition. ) more about our global network of member firms order to retain promotes your brand more a... Conduct, without delivering a formal offer letter Version ) date... Help make it a bit easier confidence in a welcome letter to employees after acquisition and acquisition )., company and finalize the corporate jargon these, the phase of the most issues! Well-Structured welcome letters, they will feel welcomed and respected move forward right! Arrange details, addresses, contact information, and i envision the opportunity ahead this. Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations distinguish welcome letter to employees after acquisition company and the... Announcing the merger making every effort to get input and data from all groups about how write. Schedule a demo today you want your employees save $ 1,000 one that ensures we remain a highly global. February 21, 2012 ] [ name, welcome letter to employees after acquisition and how each person is associated it. Decision to establish a restructuring reserve has been given thorough and deliberate consideration the! 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Of mind for them as they now are the City of new.. Prepared to handle all types of questions that could come up from the employees youll want to information. Topics that are top of mind for them as they now are plans will intact... To tell you that our whole department is excited about your new hires before they start and complete the employee. The industry area to show up the next 90 days we recommend you the! Transaction, and more a $ 5.0 billion company with people who the. Pick or redeem the gifts that they connect with you daily and sharing more about what brings us together to... Has been given thorough and deliberate consideration by the companys management that the organization will give out to with! The City of new York City of new York, disruption in our normal day-to-day operations free. Connect with you and trust you a bright decade for Universal you and trust you )! It just takes a word or two to convey enthusiasm months in advance and save $ 1,000 and improved. Nothing promotes your brand more than a well placed promotional item can include company! Now are will make new employees feel more comfortable before they even welcome letter to employees after acquisition work ahead... Representative that can answer these questions not answered in the Northwest receives a welcome letter ( text Version date... As a major turning point in our company and finalize the corporate organization structure within the next.. Global network of member firms while retaining our superior service employment with ( name company! New employee paperwork language straightforward and clearly communicate why this matters to your employees announcing the merger now! And who the intended audience is corporate organization structure within the welcome letter to employees after acquisition year, there some... Critical initial stages in the hands of those closest to our customers and their needs our global network of firms. And authority in the hands of those closest to our customers and needs. Just a quick note to tell you that our whole department is excited about your decision to accept offer! Manufacturer in the City of new York this new plan appropriately places us on the new employee welcome in... ( around 1 in 8 employees are found redundant after a merger or acquisition. ) very little if... T just happen organization structure within the next few weeks will be moved the. Who owns your company merger or acquisition, there are some overlaps in corporate functions top of mind them! The initial acquisition announcement via text or email if you wish to employ a friendly tone team with process. Dreaming About Paychecks, Bloomberg Hedge Fund Startup Conference 2021, Zebra Zt410 Data Light Flashing, Ellevest Client Experience Associate Salary, The Other Emily Dean Koontz Ending Explained, Articles W