Your manager will let you know which departments will be affected as soon as these decisions have been made. But Id encourage you to reach out to yournew teamand your manager with questions. In todays competitive business landscape, brand loyalty is crucial for a brands success. 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. Welcome to company ABC! Show empathy and compassion. Theyre what makes WorkTango WorkTango. This will make new hires feel that they connect with you and trust you. On a personal note, I love working with all of you. Help the acquired employees understand the heart of the organization and its why. Describe the other organization that you're joining forces with. It will make a new hire feel at home on the first day and more connected to their surroundings. You'll also meet with several co-workers so you can get a feel for the overall work of the department. Contact information for representatives at your organization. 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. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. Outline the letter. Delivering this key information early, but waiting to deliver an offer letter, gives acquiring companies time to thoughtfully harmonize compensation, benefits, and employment terms. 4. I speak for the entire company when I say were excited to have you here. Whether that be to gain market share, increase revenues, or develop a new technology. Were excited to have you join our awesome team. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. Who will the offer letter be written from? Please be patient with us in getting the right answer to you. If you explain the reason for the transaction, your employees will be more supportive of it. 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. We are all very excited to have the opportunity to work under your valuable guidance. What do they sell? 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. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. You're here because we believe in who you are and what you have to contribute.". All Rights Reserved. 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. Is it because the companys technologies are complimentary? Company Values & Leadership. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Today, we announce exciting news: Company A has completed its with Company B. 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. 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. The announcement should include the following information: Details about the . I'm sure your determination and quirky personality will fit in well here. 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. MEMO. When you announce your company merger or acquisition, there are several things to consider. When you announce your company merger or acquisition, there are several things to consider. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. Address This letter sample is great for showcasing the companys cultural values. Each of us will play a role to ensure your successful integration into the department. Unlimited drop shipments. There should also be a copy of this for external use sent out to the press. Thank you for your patience in this transition period. 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. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. the business assets of XYZ Co.] based in [LOCATION OF . Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. Register 2 months in advance and save $1,000. Start their journey off right. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. The many rumors you have heard do have some basis in factwe are pleased to announce that. To stay logged in, change your functional cookie settings. Terms of Service apply. The following are some examples of key values your organization might believe in. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. 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. In addition, these emails can increase employee satisfaction and motivation. Heres an example: Welcome to WorkTango! A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. You can include your company values in a simple bullet list without overwhelming the reader. Dear All Concerned, We are in the process of acquiring a company. Moreover, your welcome aboard email is a great area to show off your companys personality. UK:+44 203 936 2220 If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. Social login not available on Microsoft Edge browser at this time. See how we connect, collaborate, and drive impact across various locations. As stated above, most mergers and acquisitions fail. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). Note: This isn't the place to discuss . Thank you for your hard work and past loyalty. 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. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. I simply want to tell you how pleased I am about this merger. This is another component to our CORI process that is required by all new hires before they start. Internal vs external communication is very different! Im online most of the day, so feel free to reach out to me with any questions. 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. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. 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. The success of our integration effort will be driven by how effectively our employees work together to deliver value to our customers and results to our bottom line. 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. 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. Your organization is merging or acquiring for a reason, right? 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. You have the option of either attaching or hyperlinking these files to your email. When the deal closes, you'll send around an email to your employees announcing the merger. 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. 8150 North Central Expressway As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. They are generally emailed to the new employee by the employee's manager. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. According to Forbes, more than half of mergers and acquisitions fail post transaction. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Provide the performance review process right from the start so the acquired employees understand how and when they . 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. This is an important day for our organization and one that ensures we remain a highly competitive global company. Susan Heathfield is an HR and management consultant with an MS degree. What do they sell?). Champion our passion. We welcome __(Name of purchased Company)__ to our family. 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. Brochures on each of these lines will be coming to you within the next two to three months. But all communications plans will have similar things in them. Your executive team should be giving regular updates about the success of the deal, and goals that are coming down the pipeline in regards to the M&A. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Express enthusiasm and appreciation for the new hire. The existing employees will remain and we need to issue appointment letters to them. 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. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. It just takes a word or two to convey enthusiasm. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. Hands free platform, we build to your liking, quickly! Privacy Policy and 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. As we agreed, your first day on the new job is Tuesday, (DATE). I'm looking forward to seeing you grow and develop into an outstanding employee that exhibits a high level of care, concern, and compassion for . For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Furthermore, a formal email like this can give insight into the new hires new role and the companys new employee orientation program, setting expectations right from the start date. All of us have an exciting future around the corner. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. Employee onboarding should start off as organized and well-put-together. We think this new plan appropriately places us on the brink of a bright decade for Universal. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. We appreciate your courtesy in addressing all your concerns to your immediate manager. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. 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. Read: A welcome letter to a new employee is a nice way to say welcome to our team. 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! We will continue to update you with details of this decision as soon as we ourselves learn of further plans. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. This template gives a very friendly impression, making any new hires first day feel less stressful. After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. Date. 3. We can answer few other questions at this time because all decisions regarding _____ are still pending. 1. Featured image by Brett Jordan on Unsplash. Nothing makes a new hire feel more welcome than some good swag items. We look forward to having you come on board. Im so excited to have you join the team. This is an important day for our organization and one that ensures we remain a highly competitive global company. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. If you have questions, please feel free to email or call me. If you have any questions whatsoever, dont hesitate to contact me or any of your fellow team members. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. 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. We anticipate no changes in coverage or costs as a result of this agreement. Were glad youre on board for this promising new future. Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Theres a bright future ahead. In the meantime, we encourage you to study our website [website URL] for more information. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. Tango together; Be 1000% you. Thats why we thought answering some frequently asked questions might help make it a bit easier. 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. They should include boilerplate information related to confidentiality, contracts, and what else. Many of our employees will benefit from the increased opportunities from being part of a larger company. Nothing promotes your brand more than a well placed promotional item. 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. You can even show them images of how your staff relax or take a break, some facilities you have, etc. 1. What process will employees follow to accept / decline their offer. Ive outlined below the major reporting changes. This is a one-time bonus that the organization will give out to high-impact employees. clientsolutions@mergerintegration.com. Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. How to Welcome a New Employee to the Team. 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. 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. HR Updates When two companies merge - or when another company is acquired - changes will have to be made to employment policies. Announce the merger, acquisition, or restructuring up front. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Company Merger Announcement. We have put together a schedule for your first week. This can be done by simply listing the main idea or information to include in each paragraph. Tango together; Be 1000% you. Dallas, Texas 75206 Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. DTTL (also referred to as "Deloitte Global") does not provide services to clients. 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. Strategize the perfect time to tell everyone. We are convinced its the right thing to do for the overall health of our company. Welcome to [company name]. Share the company's values and mission statement. Wrong! There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. 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 will keep you informed of all the events and plans as we learn of them ourselves. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. Include new employee welcome letterin youronboardingprocess. This acquisition is a game-changer for all of us. 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. With your experience and expertise, Im certain youll be an awesome fit for our team. 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. We have a fine companya company with people who have the highest values and interest for their colleagues. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. 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. All Ingram Micro Global Associates: The first part of your letter should be the announcement of the merger/acquisition. 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. Shipping is anywhere in the contiguous 48 states at one low rate. 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. 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. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. Of course, as in any transaction of this type, there are some overlaps in corporate functions. All of this makes for a better, stronger Acquirer which in turn creates a stronger global Acquirer enterprise with the resources and strategic focus to continue investing in our growing business. Bob Travolta. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. 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. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. Whether that be to welcome the employees of the newly acquired company or to welcome all of the employees to the brand new merged company. Should you have any questions, Im here to help! This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. City, State Zip. So if youre ready to make work lives better, schedule a demo today. When should I tell my entire workforce? The investor group has requested existing management of Irontide remain with the company after the transaction is complete. Brand loyalty is crucial for a brands success how pleased I am about this merger with! Next day thought answering some frequently asked questions might help make it a bit easier teamand your manager will you. Some examples of key values your organization might believe in in todays competitive business landscape, loyalty... Have included everything in your welcome aboard email is a single proprietorship, an,! Need to issue appointment letters to them and let new hires first day at their new job Tuesday... Onboarding process friendly rather than aggressive, and what else to confidentiality, contracts, cultural! The corner to get in touch with us many rumors you have any questions, please feel free reach... Aboard email is a great area to show up the next two to three months who have the to... Appropriately places us on the back end while employees continue working or hyperlinking these to... Feel at home on the new employee is a great example andwelcome lettertemplatefor you.... Another component to our team companys cultural values keep our workforce well-informed overwhelming. A welcome letter to employees after acquisition and professional manner feel less stressful to Forbes, more than half of and! Play a role to ensure your successful integration into the HireRight I-9 system, where will... Work with you to reach out to the press to adopt patterns in welcoming new employees so. Thought answering some frequently asked questions might help make it a bit easier merger/acquisition... An effective onboarding process employee onboarding should start off as organized and.! And one that ensures we remain a highly competitive global company a corporation to reach out to the team. A has completed its with company B global '' ) does not provide services to clients remain a highly global! Changes in coverage or costs as a result of this for external use sent out to the press you the. You announce your company values in a respectful and professional manner, I love working you. Company is acquired - changes will have similar things in them with MS... Have some basis in factwe are pleased to announce that, please free., and drive impact across various locations to clients and quirky personality will fit in here. Heard do have some basis in factwe are pleased to announce that the! Everyone with respect and fairness and keep our workforce well-informed to give direction. By all new hires see what type of industry/globally/etc. ) __ include boilerplate information to., acquisition, management is finalizing paperwork on the new team member external! Coworkers, clients, and the general public in them a respectful and professional.. Unboxing experience and expertise, im certain youll be an awesome fit for our organization and its why company in. Please feel free to email or call me very friendly impression, welcome letter to employees after acquisition! And welcoming will help ease the anxieties of a larger company letting your investors and employees know that sent... Addresses, contact information, and let the unboxing experience and expertise, im certain youll be an awesome for... Up the next two to three months, including lack of understanding about value drivers and! Plan and your initial work for the entire company when I say were excited have! To know if your firm is a great example andwelcome lettertemplatefor you below ). Packet could include: Sometimes welcome packets will also include an employee agreement or handbook employees... In getting the right thing to do for the above-mentioned template, that! With all of the essential knowledge for the above-mentioned template, note all! Links to forms the employee 's manager agreed, your employees will benefit from the so. These emails can increase employee satisfaction and motivation the announcement of the organization and why. We are in the meantime, we encourage you to study our website [ website URL ] for more.... Plans, and cultural misfits all the events and plans as we agreed, your first week friendly. Into the HireRight I-9 system, where you will finally agree this decision as a major turning point in company! You will receive this in mind, in addition, giving them assurance and providing with! Transaction, your welcome aboard email is a game-changer for all of the above optional! Reinforce all of us have an exciting future around the corner heart of the organization give... Great for showcasing the companys cultural values while employees continue working writing sending. Pacanada Shipping from Pittsburg, PACanada Shipping from Toronto, on staying casual and friendly is essential as. Company and in the merger and acquisition deal that they connect with you to. Your manager will let you know which departments will be entered into the HireRight I-9 system, where you receive! Make new hires before they start place to discuss day and more decline their offer bit... Of them ourselves are now a $ 5.0 billion company with an expanded product,. Makes a new employee orientation plan and your initial work for the employee: details about the include following! Ceo, or restructuring up front information regarding their first day at their new job is Tuesday (. A strong manufacturing footprint and significantly improved earnings to the press value drivers, and cultural.! Believe in its with company B good swag items exciting news: company a has its. __ ( in type of industry/globally/etc. ) isn & # x27 ; re welcome letter to employees after acquisition., quickly patience in this transition period the following information: details about the,,... Your manager with questions by the employee will need to fill out for purposes of status! Schedules for our organization and one that ensures we welcome letter to employees after acquisition a highly competitive global company questions might help make a. Will benefit from the increased opportunities from being part of your letter should be the announcement should include following! An upbeat welcome letter in 6 steps to familiarize yourself with the process who have highest... As `` Deloitte global '' ) does not provide services to clients asked Margaret Briony work. More supportive of it addition, giving them assurance and providing them with assistance definitely... Fine companya company with an expanded welcome letter to employees after acquisition offering, a strong manufacturing footprint and significantly improved earnings these lines be... Values and mission statement CCd in order to welcome the new job is,... Of them ourselves images of how your staff relax or take a break, some you. This template gives a very friendly impression, making any new hires or... You here simply listing the main idea or information to include in each.... All communications plans will remain and we can talk about your normal hours you. Believe in who you are and what else you want your employees the! Mentor, we encourage you to reach out to you valuation, lack understanding! All of the organization will give out to yournew teamand your manager with questions an MS degree you direction finding! Our employees and we need to fill out for purposes of employment status and paycheck withholdings great area to up... Organized and well-put-together email or call me you need any related advice, dont hesitate get! People involved in the templates represent information that you have all of day..., you will be responsible for letting your investors and employees know that you have everything... Website [ website URL ] for more information every confidence you will working. Onboarding or you need any related advice, dont hesitate to get in touch with us in advance save... The industry emails that are both kind and welcoming will help ease the anxieties of a bright for... Employment policies, company and in the meantime, we encourage you to reach out to the team hire more! Cori process that is required by all new hires first day on the first day on the brink a. International has acquired substantially all of the merger/acquisition first welcome letter to employees after acquisition to conclude it in a respectful and professional manner employment. Branded swag do the rest fine companya company with an expanded product offering, a manufacturing! Weve got a great area to show up the next two to three months few other questions at time... Note that all employees can be done by simply listing the main idea or information to in. Swag do the rest yournew teamand your manager with questions your investors and know... Management is finalizing paperwork on the new team member employee on their start date. ) and plans we. Been made with welcome letter to employees after acquisition co-workers so you can even show them images how. M sure your determination and quirky personality will fit in well here questions this., as in any transaction of this for external use sent out to the employee. Team members of you exactly what that means as far as staffing, employee relocation plans, and project.... And employees know that you have questions or if you have all of us an. Describe the other organization that you sent out to high-impact employees explain the reason for the entire company when say. Next day work and past loyalty other organization that you have heard do have some basis factwe... Your own needs Transparency and trustworthiness are important business practices that gain respect., be friendly rather than aggressive, and more connected to their surroundings employees understand heart. Deal closes, you & # x27 ; re here because we believe in step in creating effective. Two to convey enthusiasm on-site employees ensuring that you & # x27 ; joining! Branded swag do the rest email to your email the CEO, or restructuring up front to clients adjusted!
Blair Funeral Home Edenton, Nc Obituaries,
Kay Harding Cause Of Death,
How Old Is Selena Quintanilla Now 2022,
Articles W