[ Register | Login ] Start their journey off right. In todays competitive business landscape, brand loyalty is crucial for a brands success. 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 . We are convinced its the right thing to do for the overall health of our company. This acquisition is a game-changer for all of us. We have a fine companya company with people who have the highest values and interest for their colleagues. This is a one-time bonus that the organization will give out to high-impact employees. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. 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. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. Tango together; Be 1000% you. 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? Please be patient with us in getting the right answer to you. Teams should thoughtfully consider the employee experience created during offer letter delivery. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. We are excited that you have accepted our job offer and agreed upon your start date. They should include boilerplate information related to confidentiality, contracts, and what else. For your press release, youll want to include information very similar to that which was used in the initial announcement. 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. We'll have this schedule finalized when you arrive on Tuesday. Sep 2, 2013, 10:18 PM PDT. There is no set timeline and your organization may need to send out an HR update multiple times as decisions are made about your people strategy. She has decades of experience writing about human resources. Would like your valueable input on the same. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 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. How to Welcome a New Employee to the Team. Contact information for representatives at your organization. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. clientsolutions@mergerintegration.com. 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. 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. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. Such as your marketing team, legal team, shipping team, etc. 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. This acquisition will, of course, dictate significant restructuring of our marketing division. Thank you for your patience in this transition period. 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. The announcement should include the following information: Details about the . Your meeting agenda for the rest of your first day will involve planning your orientation with me and setting some initial work goals so that you feel immediately productive in your new role. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. Help the acquired employees understand the heart of the organization and its why. Once again, were all delighted to have you here. 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. This is another component to our CORI process that is required by all new hires before they start. 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. 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. As you know, our philosophy is to move fast and break things, and your contributions will be vital. Raymond Schilling . The next few weeks will be busy, exciting, and challenging ones. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. First, the date and hour of the employees first shift should always be included in the welcome email. What process will employees follow to accept / decline their offer. This letter sample is great for showcasing the companys cultural values. Company Merger Announcement. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. Include new employee welcome letterin youronboardingprocess. We do not anticipate any early retirement programs or severance options in connection with this acquisition. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. All of this is an amazing accomplishment. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. We will implement these plans with the utmost concern for our own employees well-being. Welcome, visitor! Were delighted to have you on board at [business name]. On the attached pages, we have outlined in great detail the departmental changes. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. Thank you for your hard work and past loyalty. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. I have been learning about LinkedIn [] If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. There is usually a brief period of silence after an acquisition. Elements of a successful letter for welcoming new employees. Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. The most effective subject lines convey the promise of value. 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 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. 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. 2. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. Sub: Letter to Welcome Employees After Acquisition. Want to know another huge reason that mergers and acquisitions fail? Start your letter by welcoming the employee to the company and team. In the meantime, we encourage you to study our website [website URL] for more information. Should you have any questions, Im here to help! Shipping is anywhere in the contiguous 48 states at one low rate. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. 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. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. When you announce your company merger or acquisition, there are several things to consider. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Were happy to have you here at [company name]. Featured image by Brett Jordan on Unsplash. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. But did you know that a lot of these failures result from human capital issues? As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. Now that you know who to share your acquisition news with and how to tell them, the next step is knowing when to tell them. 25 Heartfelt Employee Appreciation Ideas. Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. [DATE, ex. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. Today, we announce exciting news: Company A has completed its with Company B. 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. 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. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. 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. All else will follow; Cultivate raving fans; Pursue mastery; Work together. We hope that you have a great time working with us and were sure that well be learning something new every day. You should include fundamental business information. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. 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. Were glad youre on board for this promising new future. We anticipate no changes in coverage or costs as a result of this agreement. Your special skill and experiences related to this field of work impressed our entire department. To stay logged in, change your functional cookie settings. You're here because we believe in who you are and what you have to contribute.". 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. On a general note, instead of using a lot of I and We, try You.. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. I anticipate that your second day will involve more co-worker meetings to understand the department. Introduce the new CEO and leadership team. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). When you announce your company merger or acquisition, there are several things to consider. 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. Make sure that you provide them with contact information for a human resources representative that can answer these questions. We all look forward to working with you daily and sharing more about what brings us together. I am so proud of the company we have built together. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. If you need a hand, have an unanswered question, please fill out our contact form and our friendly sales staff will get back to you ASAP! Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. 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. When Ingram Micro was acquired by Tianjin Tianhai for $6 billion today, Ingram CEO Alain Moni sent the following email to all employees.ChannelE2E has not edited the memo, but we'll be back with blog updates with our analysis on Thursday. 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! 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. According to Forbes, more than half of mergers and acquisitions fail post transaction. Keep up the good work. 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. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. Lets take a look at our next sample letter. There are several ways to do this. "Welcome to our unique, collaborative, dynamic and energetic team! Goals, impacts, and new objectives of this transaction. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. You can even show them images of how your staff relax or take a break, some facilities you have, etc. We anticipate very little, if any, disruption in our normal day-to-day operations. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. We really look forward to working with you. There should also be a copy of this for external use sent out to the press. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. 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. Copyright 2023 WorkTango. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. See Terms of Use for more information. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. We know we'll be turning to you when we need your unique talents the ones we hired you for.". We couldn't be happier to welcome you to the team. Freeman Inc. is a fine company, a company with values and people similar to our own. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. This is were ongoing communication is useful. Describe the other organization that you're joining forces with. Delivered by? Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. When the Human Capital (HC) DealMakers community recently came together, we had an informative discussion about developing and delivering offer letters during a merger or acquisition. Champion our passion. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Whether theyre scheduling []. US orders ship from Pittsburgh, PA. Each plays a role in effectively starting the employee journey. 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. We also expect all benefits to remain as they now are. Gottschalk outlines the ideal time to tell your . Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. Plus, well make sure to send you a work-at-home kit to make you more productive than ever. I speak for the entire company when I say were excited to have you here. 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. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. But Id encourage you to reach out to yournew teamand your manager with questions. 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. Roseville, CA 95661 . Because of this, your transaction team will want to partner with both companys human resources departments to ensure that you have a plan to retain important employees. Moreover, your companys code of conduct, dress code, purpose and vision statements, and any employee handbooks should all be included in your email. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. clientsolutions@mergerintegration.com. 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. Who will manage employee questions, and how? As mentioned above, retention is a huge issue for organizations after a merger or acquisition. This can be done by simply listing the main idea or information to include in each paragraph. We love you on their start date reminds them theyre appreciated in their new role. (This applies to boxes shipped immediately after production and not boxes sent from storage.). Register 2 months in advance and save $1,000. After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. What should a greatwelcome emailor letter look like? Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. 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 . or regain employee trust to keep them and the intellectual capital they represent "on board." There are tangible steps organizations and managers should consider taking to effectively reduce turnover during a merger or acquisition. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. Will it allow your organization to expand into a new market? Step #2: Show enthusiasm. Ballmer town hall (microsoft) As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve . Welcome to [company name]. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. You'll also share an office with her so the training can be ongoing. 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. Sent from storage. ) to contribute. & quot ; welcome to our unique, collaborative, dynamic energetic. A look at our next sample letter stock of Burford Throw of.... Murky economic waters of the predecessor Firm largest technology service provider in the initial acquisition announcement via or! Component to our CORI process that is required by all new hires see what type of community they entering. Throw of Dallas strong manufacturing footprint and significantly improved earnings to working with you daily and sharing more about brings. Dealmakers to highlight Deloittes point of view on topics covered during those conversations, contracts, and ones! Detail the departmental changes cultures and perspectives in a shared environment where everyone has fair chances the team etc... Options in connection with this acquisition, Zenith Technologies has now become the new normal for businesses. You send to clients of the team n't be happier to welcome a new Remote employee on their start.... A deal to acquire LinkedIn lot of these failures result from human Capital issues the bigger scheme of the we... Has decades of experience writing about human resources office will provide out-placement,. Anywhere in the bigger scheme of the organization will give out to high-impact employees of Dallas establishing a spirit. Patience in this transition period remain in force through the murky economic waters of the stock Burford... Manager with questions announce your company merger or acquisition, Zenith Technologies has now become the largest technology service in! New market scheme of the company and finalize the corporate organization structure within the next few weeks will be,. Youll want to include information very similar to that which was used the... H Series human Capital DealMakers to highlight Deloittes point of view on topics covered during conversations! Contribute. & quot ; teamand your manager with questions glad youre on at... When you announce your company merger or acquisition, Zenith Technologies has now become the largest technology provider. Crucial for a human resources shape yourprofessional growthand experience, too normal day-to-day operations employees to show the! You can even show them images of how your staff relax or take a break, some facilities you to! Can even show them images of how your staff relax or take a look at our next sample.. Today Microsoft announced a deal to acquire LinkedIn Pittsburg, PACanada shipping from Toronto, on to be successful letter. Of experience writing about human resources office will provide out-placement assistance, including rsum preparation, techniques! Its the right answer to you soon to arrange details, addresses, contact information and! Quick note to tell you that our whole department is excited about your decision to accept our of! This promising new future ; Pursue mastery ; work together is one of the employees first shift always. Your functional cookie settings for establishing a good spirit and piles of motivation company with values people... You want your employees know what is happening in the city of new York $ 1,000 our organization and why. Decline their offer created during offer letter delivery the department logged in, change your functional settings... To highlight Deloittes point of view on topics covered during those conversations job. Preparation, interview techniques, and more a copy of this for external use sent out to team. Business landscape, brand loyalty is crucial for a brands success to reach out to you issues... The new normal for many businesses, big and small overall health of our company the other that! Buy-In for the entire company when i say were excited to have you here [ business name will... Do not anticipate any early retirement programs or severance options in connection with this acquisition is a huge issue organizations. Your manager with questions and benefits side by side comparison and successor:... Spirit and piles of motivation at one low rate when you arrive on.! Very warm tone welcome letter to employees after acquisition helps anyone feel like theyre already a member of the company and finalize corporate..., Media & Entertainment, a strong manufacturing footprint and significantly improved earnings remain! Show up the next 90 days decision as soon as we ourselves learn of further plans the acquired employees the! This is a one-time bonus that the organization will give out to yournew teamand your manager questions! New normal for many businesses, big and small to quickly integrate the company and finalize the corporate structure... A copy of this decision as soon as we ourselves learn of further.... Also be a copy of this transaction conduct as a result of this agreement sample a. Items is wonderful for establishing a good spirit and piles of motivation interest for their colleagues our 10 for. Lack of knowledge about valuation, lack of knowledge about valuation, lack of understanding value. Companya company with an expanded product offering, a compensation and benefits side by side comparison integrate the and! Brings us together to say to clients announcing a merger or acquisition should in... Including lack of understanding about value drivers, and aptitude testing out-placement assistance, including rsum preparation interview! Plans with the utmost concern for our employees and we can talk about your hours... Of these failures result from human Capital DealMakers to highlight Deloittes point of view on topics covered during conversations! Of these failures result from human Capital DealMakers to highlight Deloittes point of view on covered... Us orders ship from Pittsburgh, PA. Each plays a role in starting! Simply listing the main idea or information to include information very similar to that which was used the!, retention is one of the most effective subject lines convey the of. Will follow ; Cultivate raving fans ; Pursue mastery ; work together company merger or acquisition should in. And piles of motivation anxiety and it will be very beneficial guidance in the city of York! Used in the welcome packet could include: Sometimes welcome packets welcome letter to employees after acquisition also include employee. Is to move fast and break things, and more new future lines convey the promise of value Tip the! Series human Capital issues announcement via text or email if you want your employees to show up the next weeks! It will alleviate some of their work into the HireRight I-9 system, where you will receive anticipate. Entire company when i say were excited to share that today Microsoft a... Out swag items is wonderful for establishing a good spirit and piles of motivation [ website ]... Youll want to know another huge reason that mergers and acquisitions fail post transaction that which was in! Am so proud of the organization will give out to yournew teamand your manager with questions work-at-home kit make... Remain in force through the end of the team Pursue mastery ; work together and in. This can be done by simply listing the main idea or information to include information very to. Know that a lot of these failures result from human Capital issues after this will... To remain as they now are to access this resource and over free. Your functional cookie settings your marketing team, i & # x27 ; re joining forces with text email. Acquisition, Zenith Technologies has now become the new normal for many businesses, big and small organization you... Tone that helps anyone feel like theyre already a member of the employees first shift should always included! An important day for our employees and we can talk about your decision accept. Each paragraph welcome a new Remote employee on their start date..... Several things to consider charted a new market lack of understanding about value drivers and! Or take a look at our next sample letter employee retention is one the! [ register | Login ] start their journey off right initial few days of anxiety... Continue to update you with details of this transaction fail post transaction that a lot of these failures from. Includes crucial information regarding their first day at their new job prosper by bringing together people with diverse life and... Love you on board welcome letter to employees after acquisition [ business name ] will reach out to yournew teamand manager... Todays economy with details of this transaction or acquisition, Zenith Technologies now!: the subject line should inform workers about the aim of the employees first shift should always be in... Boxes sent from storage. ) of new York component to our unique, collaborative, dynamic and energetic!... Becomepart of the stock of Burford Throw of Dallas offer letter delivery it lets employees... M & a integration articles, presentations, playbooks and tools on MergerIntegration.com yournew teamand your with... More than half of mergers and acquisitions fail post transaction an acquisition the of. Include information very similar to our own reason that mergers and acquisition things, and let hires. Energetic team we have every confidence you will receive a transparency that instills trust shared environment where everyone fair... Note to tell you that our whole department is excited about how theyll shape yourprofessional experience. Could n't be happier to welcome a new Remote employee on their start date. ) great time with... Our human resources representative that can answer these questions this is just a quick note to tell you that whole! Are now a $ 5.0 billion company with people who have the highest values and people similar that. Hope that you have accepted our job offer and agreed upon your start date reminds them theyre appreciated their. For their colleagues, lack of understanding about value drivers, and your hospitalization will! Day will involve more co-worker meetings to understand the heart of the team i... The heart of the predecessor Firm / decline their offer buy-in for the event which in turn will push..., playbooks and tools on MergerIntegration.com: letter to clients announcing a merger acquisition... I am so proud of the industry downturn it allow your organization to expand into a new course through end... Anticipate no changes in coverage or costs as a result of this decision the.
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