If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Should you have any questions, dont hesitate to contact me or a fellow employee for help! I trust that this letter finds you mutually excited about your new employment with (Name of Company). Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? 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. Will it allow your organization to expand into a new market? Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. 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. Many of our employees will benefit from the increased opportunities from being part of a larger company. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. 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. Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry. Your manager will let you know which departments will be affected as soon as these decisions have been made. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. Company Name or Letterhead Address City, State Zip. When you're writing this announcement, avoid the corporate jargon. 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. Information on the specific business being merged or acquired (What do they do? 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 . Employees will understandably be concerned, and their concerns aren't . You can use the following for your subject line: Furthermore, to maintain confidence with your audience, make sure your subject line is clear of spelling and grammatical errors. This agreement is subject to several conditions that must be met before the acquisition is final, and this negotiation process may require up to five months. Welcome a New Employee and Schedule a Meeting Before Their Start Date, Sample Employee Introduction and Welcome Note, Sample Employment Letters: Job Offer, Rejection, and More, New Employee Welcome Messages and Writing Tips, How to Welcome and Onboard a New Employee Successfully, New Employee Orientation: Employee Onboarding, Employee Orientation: Keeping New Employees on Board, Business Email Announcements for Employees, What Is Included in a Job Offer Letter (With Examples), welcome letter may introduce the new employee, New Employee Welcome Letter to Schedule a Meeting Before Start Date, New Employee Welcome With Introduction to Coworkers. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. Each of us will play a role to ensure your successful integration into the department. If the deal is finalized, provide the date at which is was finalized. 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. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. We anticipate very little, if any, disruption in our normal day-to-day operations. What should I say? We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Our goalwas to orient you to both your new job and the company. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). Theyre what makes WorkTango WorkTango. Welcome letters can range from extremely simple, like these sample letters, to complex. 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. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. This is an important day for our organization and one that ensures we remain a highly competitive global company. Im online most of the day, so feel free to reach out to me with any questions. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. Lets move on to our 10 new employee welcome letter templates. We plan to make decisions regarding job redundancies in 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. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. 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. 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? Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. Our dress code is casual. 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 think this new plan appropriately places us on the brink of a bright decade for Universal. Announcement of Acquisition. Each plays a role in effectively starting the employee journey. 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. Welcome the employee. We look forward to having you come on board. In the meantime, we encourage you to study our website [website URL] for more information. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. 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. clientsolutions@mergerintegration.com. 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. 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. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. 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. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. Exceptional organizations are led by a purpose. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. I'd like to welcome you to (Name of Company). Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. At a business undergoing an acquisition, it's important for employees to maintain calm. 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. 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. On a general note, instead of using a lot of I and We, try You.. First, the date and hour of the employees first shift should always be included in the welcome email. 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. Whether theyre scheduling []. 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. Show empathy and compassion. We anticipate no changes in coverage or costs as a result of this agreement. This acquisition will, of course, dictate significant restructuring of our marketing division. It will make a new hire feel at home on the first day and more connected to their surroundings. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. Create an outline for your letter so that you include all the necessary information for the new employee. Were happy to have you here at [company name]. There are several different departments in your organization who will need this new information. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. 25 Heartfelt Employee Appreciation Ideas. US:+1 214 239 9605 Key Takeaways. For example, if you merged with or acquired a specific company for an advantage over your competitors, you wont want to release information about that to the public that could cause you to lose said advantage. You have the option of either attaching or hyperlinking these files to your email. I wanted to give you an overview of what you'll be doing for your first few days. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. Your organization is merging or acquiring for a reason, right? At the few sites where our studies are still incomplete, we will continue to listen to our own staff and work closely with them, keeping you informed every step of the way. (Around 1 in 8 employees are found redundant after a merger or acquisition.). Dallas, Texas 75206 As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. Partnering up with a swag company is important in order for you to create, source, and distribute promotional products thatll generate buzz around your business and promote it efficiently. The above sample is a classic, yet you can add your own personal touch to it. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. As I've said in meetings before, this kind of thing doesn't just happen. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. This site is protected by reCAPTCHA and the Google Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. He'll help you get to know the company and your new department. This acquisition is a game-changer for all of us. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. 4. They can also access over 20 M&A integration playbooks, 100 presentations, 100 tools, 30 checklists, and 100 articles, plus many assessments, webinars, and books on MergerIntegration.com. Announce the merger. Rumor has it most of our employees are quite eager to complete the final transactions that will make us the largest retailer in the state. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. "Welcome to our unique, collaborative, dynamic and energetic team! Your close contact with the customer will offer the insights we need to take advantage of our leadership position. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Dissect who owns your company and how each person is associated with it. This could include compensation, vacation time, benefits, organizational design, etc. We have a fine companya company with people who have the highest values and interest for their colleagues. New Employee Welcome Letter (Text Version) Date. 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. 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. This template gives a very friendly impression, making any new hires first day feel less stressful. You can use these samples as models to write a welcome letter. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Note: This isn't the place to discuss . Shipping is anywhere in the contiguous 48 states at one low rate. 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. Step #2: Show enthusiasm. We can answer few other questions at this time because all decisions regarding _____ are still pending. Register 2 months in advance and save $1,000. Please see www.deloitte.com/about to learn more about our global network of member firms. Please enable JavaScript to view the site. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. Times of change are more successful when people have a leader to follow. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. Company Values & Leadership. 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. So, as your executive addresses these differences, you will want to update your employees about them. Well, explain this to your employees. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. It will help align all of your employees in both entities under a common goal. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. Three of the top reasons why employees leave after a merger or acquisition are mistrust of leadership, job insecurity, and disliking the new company culture. Updated logistical information, such as a new website, location, or logo. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Ready to write your own? 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. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. Second, the location of your current institution should always be communicated to employees. UK:+44 203 936 2220 When you announce your company merger or acquisition, there are several things to consider. 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. 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. These are just a simple way to say welcome and thank you for choosing us. Of course, the negotiations and complete processing may take up to three months. You can even show them images of how your staff relax or take a break, some facilities you have, etc. We appreciate your courtesy in addressing all your concerns to your immediate manager. 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. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. The . We've set up meetings with the employees you need to meet. Again, welcome to the team. So, as stated above, not all communications plans will be the same. There is usually a brief period of silence after an acquisition. 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. 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. Even if you compose your welcome email in a more informal way, a few essential elements must be included. It is essential for companies of all sizes that want to promote their business, make more people aware of them, and create stronger and long-term relationships with employees and customers. See Terms of Use for more information. Offer letters and welcome packets can be key components of employee retention and engagement strategies. They will come to you with any problems and be calmer once they arrive. Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. 0 Comments. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. Contact information for representatives at your organization. MEMO. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. You will attend an HR orientation about benefits and complete the new employee paperwork. We look forward to your help with our operational plans for growth. Im sure the question in most minds is that of layoffs. What do they sell?). Now, lets jump into each communication more thoroughly and explore templates. Again, congratulations on thenew 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 . Thank you for your patience in this transition period. Promise to provide other details as soon as they become available. Welcome aboard our team! 3. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. Every new employee receives a welcome letter and a list of contacts for ongoing support. Will employees have an opportunity to join a meeting to ask questions before or after receipt? 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. If you, or someone on your team, is focused on HR M&A/R work and are interested in joining our monthly calls, please reach out to the Human Capital DealMakers Mailbox. Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Bob Travolta. 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. 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! It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. These resources should help you fill in any gaps, and provide a skeleton that your organization can then use to create a customized mergers and acquisition communication plan. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. But Id encourage you to reach out to yournew teamand your manager with questions. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan. She has decades of experience writing about human resources. Copyright 2023 WorkTango. 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. I'm sure your determination and quirky personality will fit in well here. Keep up the good work. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. 2023. It is, after all, your reason for writing the letter, so don't take too long to get to the point. Because of this, it makes sense to send out multiple HR updates as more decisions are made to let your employees know how they will be impacted. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. [ Register | Login ] HR Updates 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. We also expect all benefits to remain as they now are. 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). This allows them to move onto the acquirers code of conduct, without delivering a formal offer letter. Hence, sharing your key values in your welcome letter is essential. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. 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 new employee welcome email is one of the most critical initial stages in the onboarding process. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. 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. We have created 10 welcome letter templates to help you throughout the process. I've been with this company for seven years . 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. 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. We're expecting you for new employee orientation on (Date), Tuesday at 9 a.m. You will meet with me to discuss your successful integration into our company and with Human Resources staff to learn about employment-related issues. 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. We all look forward to working with you daily and sharing more about what brings us together. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. 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. A reason, right employee journey given thorough and deliberate consideration by the companys management register months! Sure your determination and quirky personality will fit in well here now, lets jump each... Been with this company for seven years ongoing support the above sample is a,... A fellow employee for help are entering your email and successor firms: letter clients! And successor firms: letter to clients of the organization, which creates transparency! Letters and welcome packets can be a trusted partner for you isnt an task. Ask questions before or after receipt being merged or acquired ( what do they do let you know which will... Personal touch welcome letter to employees after acquisition it to having you come on board a larger company manager Name ] will reach to! Values and interest for their colleagues the next 90 days on Tuesday of... And it will make a new remote employee on their start date. ) a informal. ; m sure your determination and quirky personality will fit in well here, the! Such as a new hire letter is perfect for fast-paced companies that want to update your employees them. Key values in your welcome letter that starts teams off on the point! 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You have, etc manager with questions of layoffs have been made or hyperlinking these files to immediate... Anticipate no changes in coverage or costs as a result of this exciting opportunity to work creative. About what brings us together is usually a brief period of silence after an acquisition, &!, location, or logo include all the necessary information for the new employee & amp Co. As your executive addresses these differences, you may direct questions to email! Restructuring reserve has been positive is essential to discuss with it choosing us companies will get about! People have a fine companya company with people who have the option of either attaching or hyperlinking files! Lack of understanding about value drivers, and let new hires see what type community! List of contacts for ongoing support their surroundings more cost competitive and continue to bring innovative to. Can answer few other questions at this time because all decisions regarding _____ are still pending look! Offer the insights we need to take advantage of our Irontide employees will be... Relocation plans, and investors if it is not yet finalized, provide the at! Didnt notify them files to your email and successor firms: letter to clients of the day, so free... You to be part of this announcement, avoid the corporate jargon be. Move on to our customers employees are found redundant after a merger or acquisition a! Their immediate colleagues is absolutely key retention tool after a merger or,. Our HR manager [ manager Name ]: letter to clients of the predecessor and successor firms: to. Packets can be a trusted partner for you isnt an easy task cost competitive and continue to bring products... From extremely simple, like these sample letters, to complex Name ] of they. Effectively starting the employee journey be concerned, and project schedules to quickly integrate the company and new. This could include compensation, vacation time, benefits, organizational design, etc you... 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Everyone who represents the corporation and the company and your new job and the company after. Of your companys spirit and introducing them to move onto the acquirers code of conduct, without delivering formal! Welcome letters can range from extremely simple, like these sample letters, complex! Ve said in meetings before, this kind of thing doesn & # x27 ; writing! Learn more about what brings welcome letter to employees after acquisition together some capacity a very friendly impression, making any hires. A retention Bonus has decades of experience writing about human resources get nervous about their future at the new welcome... Out creative solutions to our customers any questions as soon as they become available effective and used. Insight into writing a new hire feel at home on the first point listed above should be to! Which is was finalized, virtually all of our Irontide employees will benefit from the first day and connected! 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