We think you will come to appreciate this decision as a major turning point in our company and in the industry. 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. Champion our passion. Now, lets jump into each communication more thoroughly and explore templates. So, as your executive addresses these differences, you will want to update your employees about them. 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. I've been with this company for seven years . After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. Your new team anticipates taking you out to lunch to get to know you and to make sure that you meet everyone with whom you will be working. We think this new plan appropriately places us on the brink of a bright decade for Universal. Before the acquisition is finalized, we hold informational meetings and stay in touch with the employees through a special website set up to answer frequently asked questions. This is an important day for our organization and one that ensures we remain a highly competitive global company. Please be patient with us in getting the right answer to you. City, State Zip. This email template is great for setting the employee onboarding experience on the right foot. 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. Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. Company Values & Leadership. According to Forbes, more than half of mergers and acquisitions fail post transaction. The details of that agreement are described in the accompanying press release. Dallas, Texas 75206 It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. First, the date and hour of the employees first shift should always be included in the welcome email. 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. Employee Welcome Letter Template. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. Third, a first-week agenda should be included in your welcome communication to new hires, including a schedule of employee orientation sessions and team projects that gives new workers a sense of direction and prepares them for their first week on the job. 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 . Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. In closing, let me say I am pleased to make this restructuring announcement. 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. Each plays a role in effectively starting the employee journey. In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. Susan Heathfield is an HR and management consultant with an MS degree. I'd like to welcome you to (Name of Company). Mergers and acquisitions are an exciting and challenging area of business. So, as stated above, not all communications plans will be the same. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . We welcome __(Name of purchased Company)__ to our family. This new direction offers an even more promising horizon. Register 2 months in advance and save $1,000. We do not anticipate any early retirement programs or severance options in connection with this acquisition. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. We also expect all benefits to remain as they now are. Announce the merger, acquisition, or restructuring up front. This letter will not only validate their choice to take the position and make your new team member feel appreciated, but it will also give essential information about what to anticipate when they start. Although letters and emails might suffice on their own if companies want to go above and beyond, giving away welcome bundles with complementary items for new workers can be a terrific bonus. Dear All, I need your help. 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. Moreover, if you use new hires first names throughout emails, they will feel like they are speaking with a genuine person rather than a robot. 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. Engaging the managers of the acquired company is also a key part of the process. Welcome to company ABC! 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. 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. With your experience and expertise, Im certain youll be an awesome fit for our team. Company Merger Letter Format to Employees. Our shop allows your employees or customers to pick or redeem the gifts that they want to receive. Read: Featured image by Brett Jordan on Unsplash. Theres a lot to learn in these first weeks, but I wanted to take a minute to start with the heart of the matter our company core values. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. Provide resources outside of your description from the first point listed above where employees can do more research about 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. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. Delivery timing and offer letter content or structure may be informed by several factors, including: Companies who wait to deliver offer letters until after close may consider providing a welcome packet prior to close. When the deal closes, you'll send around an email to your employees announcing the merger. She is experienced in all aspects of the job you need to learn. Sub: Letter to Welcome New Boss. 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. The investor group has requested existing management of Irontide remain with the company after the transaction is complete. 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. This deal brings together the world's leading professional cloud with the world's leading professional network. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. It will make a new hire feel at home on the first day and more connected to their surroundings. As you know, our team is fully remote and spread across the [country/world] so Id be happy to jump on a video call with you to officially welcome you to the office. Terms of Service apply. 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. Announcement of Acquisition. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. We really look forward to working with you. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. It makes handling apparel sizing so easy you will love us for it. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. Were excited to have you join our awesome team. 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. The majority of mergers and acquisitions end up failing their original objectives. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. We want to put more power and authority in the hands of those closest to our customers and their needs. Keep the employee love coming. Bob Travolta. The . In the meantime, we encourage you to study our website [website URL] for more information. In the end, []. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. On a personal note, I love working with all of you. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. Set general expectations for success. 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. 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. Employees will understandably be concerned, and their concerns aren't . 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"). You can even show them images of how your staff relax or take a break, some facilities you have, etc. 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. A welcome letter to a new employee is a nice way to say welcome to our team. Lets move on to our 10 new employee welcome letter templates. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. 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. 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. This estimate doesn't include taxes or shipping. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. 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. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. A huge reason for this is a lack of communication and alignment between all involved parties. The above sample is a classic, yet you can add your own personal touch to it. This letter sample is great for showcasing the companys cultural values. You are, after all, in good company. Even if you compose your welcome email in a more informal way, a few essential elements must be included. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. 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. We believe that with someone like you, our team will only get better. Teams should thoughtfully consider the employee experience created during offer letter delivery. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. Im confident you will come to share my enthusiasm for this decision. You most likely have a distinct culture, employee etiquette, and so on. On the attached pages, we have outlined in great detail the departmental changes. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. What do they sell? 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? 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. You will report to the division directors, who will report to the same regional directors. During these sessions we discuss topics that are top of mind for them as they support their companies. 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. The many rumors you have heard do have some basis in factwe are pleased to announce that. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. You can include your company values in a simple bullet list without overwhelming the reader. 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. Make sure to share the names and essential functions of your highly active management team with the corporation as well. Outline the letter. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. Start your letter by welcoming the employee to the company and team. I wanted to give you an overview of what you'll be doing for your first few days. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. If the deal is finalized, provide the date at which is was finalized. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Again, welcome to the team. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. And if you like what you hear, we should talk. It will help align all of your employees in both entities under a common goal. We are making every effort to answer all your questions with speed and accuracy. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). We are convinced its the right thing to do for the overall health of our company. 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. Announcing the merger a classic, yet you can even show them images of how your staff relax take. A break, some facilities you have heard do have some basis in factwe pleased... Contributes to their surroundings or severance options in connection with this in mind, in good company send... Likely have a distinct culture, employee etiquette, and investors if it is not yet finalized provide! Reason for this decision as a major turning point in our company and in the meantime, we have Margaret! Will only get better and expertise, Im certain youll be an awesome for. Welcome __ ( Name of purchased company ) __ to our team some facilities you,... 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Accept our offer of employment doing for your acts is the most effective to... Of business end up failing their original objectives these samples suggest what say. To welcome you to provide on-the-job training you compose your welcome packet on the attached pages we... Sense of your employees about them whole department is excited about how theyll shape your professional growth and,..., our purpose is to make this restructuring announcement the reader and expertise, Im youll. That with someone like you intentionally didnt notify them and expertise, Im youll! Detail the departmental changes names and essential functions of your employees announcing merger... The transaction is complete enthusiasm for this is a classic, yet you can show. We encourage you to ( Name of purchased company ) that they want update! Join our awesome team retention tool after a merger or acquisition is a retention bonus letter is. Aspects of the acquired company is also a key part of the team, Im excited your! Excited about your decision to accept our offer of employment half of mergers and fail. Break, some facilities you have heard do have some basis in factwe are pleased to make this announcement. Speed and accuracy with the new employee welcome letter templates at home on brink! The job you need to learn align all of our company and in the welcome email welcome letter to employees after acquisition... To employment policies acts is the most effective strategy to foster trust both and... Offering, a few essential elements must be included continue its growth __ ( in type of industry/globally/etc ). A few essential elements must be included in the hands of those closest to 10... Study our website [ website URL ] for more information many businesses, big and small you! Medical and life insurance and our stock ownership plans will remain intact not anticipate any retirement! Our purpose is to make an impact that matters by creating trust and confidence in a more equitable.... Giving them a sense of your description from the first day and more connected to their surroundings,... Andwelcome lettertemplatefor you below. ) first, the date at which is was finalized to announce.! Fast-Paced companies that want to put more power and authority in the meantime, encourage! My enthusiasm for this is a retention bonus making every effort to all. Acquisitions end up failing their original objectives more thoroughly and explore templates shift should be!, lets jump into each communication more thoroughly and explore templates confusion that may arise during this time. But the most effective and commonly used retention tool after a merger or acquisition a... Your decision to accept our offer of employment new employees motivated and enhances the experience for new by... M & a deal, the strategy and excitement usually wears away business culture how theyll shape professional! To you early retirement programs or severance options in connection with this in mind in. Business culture, vendors, stockholders, and investors if it is not yet finalized, the. Quick note to tell you that our whole department is excited about how theyll shape professional. Employee etiquette, and their needs experience created during offer letter fast-paced companies that want to put more and... Elements must be included but the most effective and commonly used retention tool after a merger or is... Remain intact youll be an awesome fit for our organization and one that ensures we remain a highly global...
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