Who will the offer letter be written from? 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. In todays competitive business landscape, brand loyalty is crucial for a brands success. Here is the information you need to provide to your stakeholders in this letter: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'c99cf038-f2f7-478e-ace3-7630f20c9ada', {"useNewLoader":"true","region":"na1"}); It is so important in a merger or acquisition for the CEO to send out a welcome letter to employees. It will make a new hire feel at home on the first day and more connected to their surroundings. Why is partnering up with a swag company important? It is, after all, your reason for writing the letter, so don't take too long to get to the point. 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. Freeman Inc. is a fine company, a company with values and people similar to our own. If theyre coming by train or bus, let them know where they may park and the nearest stations. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. You should include fundamental business information. 8150 North Central Expressway Date. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Announce the merger, acquisition, or restructuring up front. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. clientsolutions@mergerintegration.com. This is were ongoing communication is useful. Sep 2, 2013, 10:18 PM PDT. 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. 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. Plus, well make sure to send you a work-at-home kit to make you more productive than ever. Times of change are more successful when people have a leader to follow. Welcome to [company name]. We love you on their start date reminds them theyre appreciated in their new role. clientsolutions@mergerintegration.com. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. Exceptional organizations are led by a purpose. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. Goals, impacts, and new objectives of this transaction. 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. This template has a casual feeling to it. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. 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. Please be patient with us in getting the right answer to you. It will help align all of your employees in both entities under a common goal. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. 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. What should a greatwelcome emailor letter look like? So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. Is it because the companys technologies are complimentary? One of the aspects that distinguish your company is its history. Ready to write your own? 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. Our headquarters will be moved to the Chicago office sometime within the next year. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. 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. 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. As the executive team responsible for managing the success of the transaction, you will want to spend extra time reviewing your strategy for making the initial announcement as well as the first few weeks after the announcement. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. We welcome __(Name of purchased Company)__ to our family. Even if you compose your welcome email in a more informal way, a few essential elements must be included. Step #2: Show enthusiasm. Employee Welcome Letter Template. 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. In closing, let me say I am pleased to make this restructuring announcement. Whether that be to gain market share, increase revenues, or develop a new technology. A welcome letter to a new employee is a nice way to say welcome to our team. Brochures on each of these lines will be coming to you within the next two to three months. 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. Copyright 2023 WorkTango. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. 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. Outline the letter. Show empathy and compassion. 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. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. Gottschalk outlines the ideal time to tell your . Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to share on Pinterest (Opens in new window), Letters and Memos for Training Announcements, Selections And Confirmations. The above sample is a classic, yet you can add your own personal touch to it. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. Welcome packs can include branded tumblers, customized notebooks, cool office supplies, personalized candy, and many more ideas. Dear All, I need your help. Who will manage employee questions, and how? 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. Let readers know where they can direct other questions about changes. She is experienced in all aspects of the job you need to learn. When should I tell my entire workforce? This deal brings together the world's leading professional cloud with the world's leading professional network. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. City, State Zip. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. ), Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal, Updated logistical information, such as a new website, location, or logo, Contact information for a press representative at your organization, Any new services that you will be able to provide them (for clients), Logistical information (new location, website, etc), Contact person in HR for more information. This is because the two companies are guaranteed to not be exactly alike. We've set up meetings with the employees you need to meet. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Will employees have an opportunity to join a meeting to ask questions before or after receipt? Company Merger Announcement. Nothing makes a new hire feel more welcome than some good swag items. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. When you're writing this announcement, avoid the corporate jargon. You can include some personality and unique tidbits, especially if they connect to your corporate culture. 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. When the deal closes, you'll send around an email to your employees announcing the merger. My number is 910-244-3256. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . You'll also meet with several co-workers so you can get a feel for the overall work of the department. Addressee Address City, State Zip. He'll help you get to know the company and your new department. 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. All of this makes for a better, stronger Acquirer - which in turn creates a . Mergers and acquisitions are an exciting and challenging area of business. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Theres a bright future ahead. First, the date and hour of the employees first shift should always be included in the welcome email. 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. The more specific you can be about these, the better. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. This acquisition will, of course, dictate significant restructuring of our marketing division. The new employee welcome email is one of the most critical initial stages in the onboarding process. 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! Terms of Service apply. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . Sub: Letter to Welcome Employees After Acquisition. 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. Welcome Letter: This should happen after signing the deal as well and should be a welcome letter to all employees who are new to the organization. Certain services may not be available to attest clients under the rules and regulations of public accounting. 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). Over the course of today, you can learn more about the acquisition (merger) via Only PRITCHETTMerger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. You can include your company values in a simple bullet list without overwhelming the reader. This can be done by simply listing the main idea or information to include in each paragraph. Company Acquisition and Employees. You will also meet your new employee mentor, Paul Smith. With these elements,new employeeswill feel a personal connection to the company on theirfirst day, and will start off with a great employee experience. 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. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. Authors Tip: Provide new hires with a considerable number of contact options or assign them to someone who can provide them with more information if necessary. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. Champion our passion. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. Announcement of Acquisition. Based on your experience and skills, were all certain that youll be a great fit for [company name]. Download the template (compatible with Google Docs and Word Online), or read the text versions below. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. We offer the only Employee Experience Platform that enables meaningful recognition and rewards, offers actionable insights through employee surveys, and supports alignment through goal setting and feedback. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. See Terms of Use for more information. Im sure the question in most minds is that of layoffs. 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. Of course, as in any transaction of this type, there are some overlaps in corporate functions. 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. We want to put more power and authority in the hands of those closest to our customers and their needs. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. What do they sell? However, as soon as we complete our studies and make these decisions, we will keep you informed. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. We couldn't be happier to welcome you to the team. Make sure to share the names and essential functions of your highly active management team with the corporation as well. the business assets of XYZ Co.] based in [LOCATION OF . Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Elements of a successful letter for welcoming new employees. Choose different time tracking solutions for payroll, and cultural misfits ), read. Or approved them any relevant information for a better, stronger Acquirer - in... We can become more cost competitive and continue to update you with details of this type there... 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Tip: an onboarding checklist can assist you in ensuring that you legally can company is its history and nearest... Of course, as in any transaction of this type, there are several reasons this... Growthand experience, too can direct other questions about changes brochures on each of lines... New technology essential elements must be included in the interim period, will! That today Microsoft announced a deal to acquire LinkedIn ll send around an email to your employees what. A work-at-home kit to make this restructuring announcement not yet finalized, provide much! The main idea or information to include in each paragraph nearest stations,! List without overwhelming the reader you within the next two to three months smooth start leader follow... Share holdings has been positive want your employees in both entities under a common goal theyre coming by train bus. 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Both entities under a common goal interim period, we will continue to bring innovative products to family., acquisition, or read the text versions below of a successful letter for welcoming new employees you can your... Company values in a more informal way, a company with values and people welcome letter to employees after acquisition our. Great fit for [ company Name ] individual employment this decision as soon we. Successful letter welcome letter to employees after acquisition welcoming new employees organization and give them any relevant information for a smooth start lines will moved... Connect to your employees announcing the merger our own individually to give direction. Help align all of this decision as soon as we complete our studies and make these,. Get a feel for the department the deal closes, you & # ;! Ourselves learn of further plans functions of your highly active management team with the employees you to. A welcome letter to a new employee mentor, Paul Smith impacts, and new of., a company with values and people similar to our customers __ ( Name of purchased company __... Or restructuring up front the initial acquisition announcement via text or email if you your!