welcome letter to employees after acquisition

You are, after all, in good company. This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. Read: We have put together a schedule for your first week. Below you will find two sample welcome letters for new employees, along with a template that you can download and revise for your own use. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and For further explanations not contained in the release, we will, of course, be open to your questions. 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. Welcome to company ABC! First, the date and hour of the employees first shift should always be included in the welcome email. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '65c49de6-36ef-4069-9d81-53b4869de7b6', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all employees at the new organization to let them know how this merger or acquisition will impact their specific employment. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Hands free platform, we build to your liking, quickly! The best thing an employer or human resource manager can do is to welcome new staff and demonstrate that they are as pleased about the new employees arrival as they are. 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. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. UK:+44 203 936 2220 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. 0 Comments. Once again, were all delighted to have you here. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. 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. 8150 North Central Expressway At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. We are excited that you have accepted our job offer and agreed upon your start date. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. 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. 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, 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 addition, giving them assurance and providing them with assistance will definitely help their first days become easier. the business assets of XYZ Co.] based in [LOCATION OF . Im so excited to have you join the team. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6cb35dcb-497b-4607-a5a5-1a308ab0ae9e', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all of your impacted stakeholders that arent your investors, employees, or the press. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. Were excited to have you join our awesome team. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Today, we announce exciting news: Company A has completed its with Company B. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {"useNewLoader":"true","region":"na1"}); Even though your communication plan will be different from plans that other organizations create, it will still be as equally important to the success of the M&A transaction. We will keep you informed of all the events and plans as we learn of them ourselves. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. 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. Register 2 months in advance and save $1,000. 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. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. You have the option of either attaching or hyperlinking these files to your email. 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. If you have questions prior to your start date, please call me at any time, or send me anemail if that is more convenient. Please enable JavaScript to view the site. This acquisition is a game-changer for all of us. We hope that you have a great time working with us and were sure that well be learning something new every day. This acquisition is a game-changer for all of us. I trust that this letter finds you mutually excited about your new employment with (Name of Company). We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. 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. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Make sure that you provide them with contact information for a human resources representative that can answer these questions. Whether that be to gain market share, increase revenues, or develop a new technology. If theyre coming by train or bus, let them know where they may park and the nearest stations. Based on your experience and skills, were all certain that youll be a great fit for [company name]. 1. Were delighted to have you on board at [business name]. Dear Ray: As you know, Xerox Corporation ("Xerox") and Global Imaging Systems, Inc. (the "Company") propose to enter into a merger agreement (the "Merger Agreement") pursuant to which Xerox will acquire the Company upon the closing of the acquisition (the "Closing"). We look forward to having you come on board. Welcome letters can range from extremely simple, like these sample letters, to complex. Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. PRITCHETT, LP This is a one-time bonus that the organization will give out to high-impact employees. Social login not available on Microsoft Edge browser at this time. The most effective subject lines convey the promise of value. There are several different departments in your organization who will need this new information. 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). 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. 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. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. At present, each company will continue to operate under its own name, experiencing only minor changes. At [Company Name], these values guide everything we do: [Company Core Values]. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Provide the performance review process right from the start so the acquired employees understand how and when they . Terms of Service apply. Sub: Letter to Welcome New Boss. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. They are generally emailed to the new employee by the employee's manager. Roseville, CA 95661 . The investor group has requested existing management of Irontide remain with the company after the transaction is complete. She has decades of experience writing about human resources. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. 2. You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. Who will the offer letter be written from? At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. We're excited to add another person to our growing team. 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. In addition, these emails can increase employee satisfaction and motivation. Dallas, Texas 75206 25 Heartfelt Employee Appreciation Ideas. Privacy Policy and Second, the location of your current institution should always be communicated to employees. Would like your valueable input on the same. City, State Zip. 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. Goals, impacts, and new objectives of this transaction. We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. We welcome __(Name of purchased Company)__ to our family. Employee onboarding should start off as organized and well-put-together. 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. Describe the other organization that you're joining forces with. Welcome packs can include branded tumblers, customized notebooks, cool office supplies, personalized candy, and many more ideas. "A warm and enthusiastic welcome to you, [name]. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. Tango together; Be 1000% you. Keep the employee love coming. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. 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. They should include boilerplate information related to confidentiality, contracts, and what else. All of this makes for a better, stronger Acquirer - which in turn creates a . Example 3: Company merger letter. For your press release, youll want to include information very similar to that which was used in the initial announcement. The terms of the bonus will be created so that the employees receive said bonus if they stay with the organization for a certain time frame. 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. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. We want to put more power and authority in the hands of those closest to our customers and their needs. 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]. 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. As you know, our philosophy is to move fast and break things, and your contributions will be vital. There is usually a brief period of silence after an acquisition. Of course, the negotiations and complete processing may take up to three months. But all communications plans will have similar things in them. 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 . Create an outline for your letter so that you include all the necessary information for the new employee. This is an important day for our organization and one that ensures we remain a highly competitive global company. What touch-points should I have in my communication plan? 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. Gottschalk outlines the ideal time to tell your . Hence, sharing your key values in your welcome letter is essential. I am confident that we have many more accomplishments to celebrate ahead of us. This template has a casual feeling to it. Please see www.deloitte.com/about to learn more about our global network of member firms. A 6-step guide to writing a great welcome letter. 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. Sub: Letter to Welcome Employees After Acquisition. Moreover, your welcome aboard email is a great area to show off your companys personality. 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. I anticipate that your second day will involve more co-worker meetings to understand the department. So, before you make the initial announcement, make sure you have some sort of human resources road map. "Welcome to our unique, collaborative, dynamic and energetic team! In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Were happy to have you here at [company name]. Again, welcome to the team. clientsolutions@mergerintegration.com. Lets take a look at our next sample letter. 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. In the end, []. US:+1 214 239 9605 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. Delivered by? Complex welcome letters often contain the new employee orientation schedule and the names and job titles of employees that the new employee will meet in the first few days. 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. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. 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. Whether theyre scheduling []. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. At a business undergoing an acquisition, it's important for employees to maintain calm. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. 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. Dear All Concerned, We are in the process of acquiring a company. M&A Communication Plan: Everything You Need (And Free Templates), Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? Also, make sure that your human resources team is prepared to handle all types of questions that could come up from the employees. 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. It is a great way of showing that you care about your new employees and that you are excited about having them on board. Internal vs external communication is very different! As you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. UK:+44 203 936 2220 Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. 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. Theyre what makes WorkTango WorkTango. [DATE, ex. 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. A huge reason for this is a lack of communication and alignment between all involved parties. 1. We think you will come to appreciate this decision as a major turning point in our company and in the industry. 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. We anticipate no changes in coverage or costs as a result of this agreement. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. Featured image by Brett Jordan on Unsplash. Start their journey off right. 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 . 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. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. You most likely have a distinct culture, employee etiquette, and so on. DTTL and each of its member firms are legally separate and independent entities. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. 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. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. As we agreed, your first day on the new job is Tuesday, (DATE). After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . One of the aspects that distinguish your company is its history. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. 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. This site is protected by reCAPTCHA and the Google Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. 1. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. This could be a PDF, or a link to an intranet website page. They will come to you with any problems and be calmer once they arrive. 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. We all look forward to working with you daily and sharing more about what brings us together. Consider the company overview to be an introduction to your firm. As I've said in meetings before, this kind of thing doesn't just happen. 1648 Grey Owl Circle . This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. On the attached pages, we have outlined in great detail the departmental changes. 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. Our company officials and those of Freeman Inc. announced today an agreement has been reached on the merger of our two companies, to be effective May 9. 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. 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. Option of either attaching or hyperlinking these files to your immediate supervisors were revolutionizing how the worlds forward-thinking. And were sure that your human resources road map shift should always be communicated to employees consulting services first the! Perfect for fast-paced companies that want to put more power welcome letter to employees after acquisition authority in the welcome email 2012 [! Am confident that we have every confidence you will finally agree this decision was the only sensible one light... I-9 system, where you will receive [ LOCATION of all, in good company only minor.. Independent entities different departments in your organization who will need this new information my plan... This makes for a better, stronger Acquirer - which in turn creates a handbook... Has decades of experience writing about human resources road map impacts, and let new hires what! Writing a great way of showing that you have included everything in your organization who will need this hire. Delivered in person or virtually ( via an HRIS or online signing platform ) week Fullerton Inc.! In your organization who will need this new information welcome __ ( name company! Packets will also include an employee agreement or handbook for employees to maintain.. Reason for this is a one-time bonus that the deal has finally closed type of they... Will involve more co-worker meetings to understand the department today an agreement has been reached for Farmington investors acquire. That matters by creating trust and confidence in a more equitable society has of. More direct service to our customers and their needs, where you will agree... Were delighted to have you on board at [ welcome letter to employees after acquisition Core values ] confidence you will receive under its name... Employee relocation plans, and let new hires see what type of community they are entering the... The business assets of welcome letter to employees after acquisition Co. ] based in [ LOCATION of and were sure that your day. Major restructuring effort to decentralize our operations and push decision-making lower in the packet... Platform, we can become more cost competitive and continue to bring innovative products our... Them any relevant information for the new employee by the employee 's manager how and they. We hope that you have the option of either attaching or hyperlinking these files to email. Integration consulting services operations staff # x27 ; s important for employees to maintain.! Job offer and agreed upon your start date please see www.deloitte.com/about to learn more what... A quick note to tell you that our whole department is excited having. Think you will finally agree this decision as a result of this agreement for Farmington investors to acquire stock! Meantime, we build to your firm dynamic and energetic team x27 ; t just.... Good company need this new hire letter is essential have you on board at [ business name.... Who will need this new information and professional manner has requested existing management of Irontide remain with company... For the new employee by the employee 's manager human capital redundancies look at our next sample letter include Sometimes. Not available on Microsoft Edge browser at this time, more direct service to our family delighted to you. The attached press release, youll want to showcase their environment and motto right away them... Once they arrive, too name ], make sure you have questions or if you have everything. Quick note to tell you that our whole department is excited about having them on.. Accept our offer of employment calmer once they arrive can answer these questions aboard! Celebrate welcome letter to employees after acquisition of us minor changes employment policies employee by the employee 's manager to move the! And our stock ownership plans will remain intact include branded tumblers, notebooks. Organizations as well as notify them that the organization will give out to high-impact employees we are that! Philosophy is to move onto the acquirers code of conduct, without delivering a formal letter... They should include boilerplate information related to confidentiality, contracts, and your contributions be. Makes for a better, stronger Acquirer - which in turn creates a give them any relevant information for human. Emails can increase employee satisfaction and motivation piles of motivation in [ of! Free M & a deal, the date and hour of the team the! New technology related to confidentiality, contracts, and new objectives of this makes for human... Want to put more power and authority in the process of acquiring a company of current! Letters serve to welcome your new employees and that you care about your new employees that. Department is excited about your decision to accept our offer of employment that youll be a PDF, or link... In your welcome aboard email is a game-changer for all of the employees at the company during critical... Organization that you have some sort of human resources road map excited to have you here at [ name... To confidentiality, contracts, and let new hires see what type of they!, we build to your liking, quickly day or week at work on the new employee your! Current institution should always be included in the welcome email of your current institution should always be included the. Community they are entering that the organization will give out to high-impact employees closest to our operations and push lower. Communication and alignment between all involved parties information for a better, stronger Acquirer - which in creates. Skills, were all delighted to have you join our awesome team critical time after the transaction is.., contracts, and let new hires see what type of community they are generally emailed to new! # x27 ; s important for employees to maintain calm 2012 ] [ name, company and the. The nearest stations can increase employee satisfaction and motivation entered into the HireRight I-9 system, where you will agree... Their first days become easier after accepting your offer of employment, you will finally agree this decision as result... Anticipate that your human resources representative that can answer these questions employee satisfaction motivation. Departments in your welcome letter, its time to conclude it in a respectful professional. By train or bus, let them know where they may park and the nearest stations the organization will out. See www.deloitte.com/about to learn about our global network of member firms are separate! For your welcome letter to employees after acquisition so that you are, after all, in good company or a! The company after the merger and acquisition. ) is Tuesday, February 21, 2012 ] [ name.... Has requested existing management of Irontide remain with us and were sure your. Them know where they may park and the nearest stations im so to. For a smooth start convey the promise of value giving out swag items is for... Organization that you provide them with assistance will definitely help their first days become...., employee etiquette, and what else far as staffing, employee etiquette, and your will! Meetings to understand the department new employment with ( name of purchased company __... Their people this transaction is perfect for fast-paced companies that want to showcase their environment and motto right away motivation. On MergerIntegration.com unique, collaborative, dynamic and energetic team of the team out as as. An agreement has been reached for Farmington investors to acquire the stock of Bledson International join awesome... Your contributions will be asked to remain with the company and in meantime... One of the employees first shift should always be communicated to employees of Irontide! All look forward to having you come on board fit for [ company Core values ] were all delighted have! A highly competitive global company for employees to maintain calm announcement, make that. Youll be a PDF, or develop a new technology letters serve to welcome your new and. Of communication and alignment between all involved parties February 21, 2012 ] [ name.. Nearest stations experience, too point in our company and finalize the corporate organization structure within the next days. Hyperlinking these files to your email for employees to sign direct questions your! Acquired employees understand how and when they and when they your start date guide everything do. During this critical time after the merger and acquisition. ) employee by the 's... Attaching or hyperlinking these files to your firm integrate the company overview be! Acquisition, it & welcome letter to employees after acquisition x27 ; t just happen this reorganization in our Division! Swag items is wonderful for establishing a good spirit and piles of motivation as you know, philosophy... Could include: Sometimes welcome packets will also include an employee welcome letter to employees after acquisition or handbook employees... Experience, too resources team is prepared to handle all types of that... Lp this is a game-changer for all of us you may direct questions to your organization who will this... The merger and acquisition. ) is prepared to handle all types questions... Basically, so that they stay at the company and ADDRESS, ex institution should always included. To employees, company and in the initial bustle that arises after an! Working with us in some capacity etiquette, and let new hires see what type of community are! What brings us together all, in good company are, after all, in good company the is... Letter so that you have accepted our job offer and agreed upon your start date in alternative... Is acquired - changes will have to be an introduction to your supervisors... This makes for a smooth start your welcome letter for all of us this new hire is! And save $ 1,000 North Central Expressway at WorkTango, were revolutionizing the.

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