welcome letter to employees after acquisition
Offer letters and welcome packets can be key components of employee retention and engagement strategies. Im sure the question in most minds is that of layoffs. During these sessions we discuss topics that are top of mind for them as they support their companies. In closing, let me say I am pleased to make this restructuring announcement. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. We recommend you use the term excited or a synonym. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. Raymond Schilling . Dissect who owns your company and how each person is associated with it. It will help align all of your employees in both entities under a common goal. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. Make a big impression by creating a custom swag gift package for those that matter the most to you. We've set up meetings with the employees you need to meet. With your experience and expertise, Im certain youll be an awesome fit for our team. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. [DATE, ex. Theres a bright future ahead. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. 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. Performance Review. Key Takeaways. Today, we announce exciting news: Company A has completed its with Company B. 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. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. We'll have this schedule finalized when you arrive on Tuesday. You can include your company values in a simple bullet list without overwhelming the reader. As you know, our philosophy is to move fast and break things, and your contributions will be vital. Welcome letters can range from extremely simple, like these sample letters, to complex. You'll also meet with several co-workers so you can get a feel for the overall work of the department. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. 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. We can answer few other questions at this time because all decisions regarding _____ are still pending. Start their journey off right. This new direction offers an even more promising horizon. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. Announce the merger, acquisition, or restructuring up front. One of the aspects that distinguish your company is its history. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. We appreciate your continued cooperation, interest, and contribution during this transition period. Company Name or Letterhead Address City, State Zip. 1. 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. We are pleased to say we now have a goal, and we have a plan. 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. "A warm and enthusiastic welcome to you, [name]. 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. Download the template (compatible with Google Docs and Word Online), or read the text versions below. 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. Here at [company name], we want every new team member to feel at home, so for your first day of work, youll receive awesome branded goodies. We have created 10 welcome letter templates to help you throughout the process. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. Promise to provide other details as soon as they become available. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. A 6-step guide to writing a great welcome letter. Regardless of the tone, the following will make the email more effective: Giving an overview of your company will help new hires feel well informed and more connected to their new workplace. If theyre coming by train or bus, let them know where they may park and the nearest stations. 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. Thats why we thought answering some frequently asked questions might help make it a bit easier. What do they sell?). To our newest employees, let me be the first to welcome you to Acquirer. 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. If you explain the reason for the transaction, your employees will be more supportive of it. On the attached pages, we have outlined in great detail the departmental changes. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. There should also be a copy of this for external use sent out to the press. This template gives a very friendly impression, making any new hires first day feel less stressful. I'd like to welcome you to (Name of Company). Now, lets jump into each communication more thoroughly and explore templates. We are making every effort to answer all your questions with speed and accuracy. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. 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. 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. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '65c49de6-36ef-4069-9d81-53b4869de7b6', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all employees at the new organization to let them know how this merger or acquisition will impact their specific employment. What should a greatwelcome emailor letter look like? Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Communicate the company's core values. I anticipate that your second day will involve more co-worker meetings to understand the department. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. When you announce your company merger or acquisition, there are several things to consider. In the interim period, we anticipate operating as we do currently; no changes in management have been discussed or approved. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. 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. 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. You are, after all, in good 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. 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. We'll expect you at 9 a.m. FYI, the dress code here is business casual. Most of our divisions will experience very little, if any, change in their day-to-day operations. The above sample is a classic, yet you can add your own personal touch to it. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Again, congratulations on thenew job. 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. We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. At present, each company will continue to operate under its own name, experiencing only minor changes. Weve set up a special hotline (743-8891) directly to the Atlanta office, where representatives will have all the latest information about the changes weve outlined here. Read: It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. Such as your marketing team, legal team, shipping team, etc. Welcome to company ABC! 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! During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. This estimate doesn't include taxes or shipping. Our goalwas to orient you to both your new job and the company. Company Merger Letter Format to Employees. The details of that agreement are described in the accompanying press release. Heres an example: Welcome to WorkTango! A huge reason for this is a lack of communication and alignment between all involved parties. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. As I've said in meetings before, this kind of thing doesn't just happen. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. 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. 1. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. Company Values & Leadership. 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! 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. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. 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. Of course, as in any transaction of this type, there are some overlaps in corporate functions. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. Would like your valueable input on the same. The following are some examples of key values your organization might believe in. (Around 1 in 8 employees are found redundant after a merger or acquisition.). You can use these samples as models to write a welcome letter. See how we connect, collaborate, and drive impact across various locations. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Read: The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. Susan Heathfield is an HR and management consultant with an MS degree. Lets see the upcoming new hire welcome letter. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. Create an outline for your letter so that you include all the necessary information for the new employee. All Ingram Micro Global Associates: The only visible change evident immediately will be. Staying casual and friendly is essential, as remote employees dont have the same resources as on-site employees. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. There is usually a brief period of silence after an acquisition. However, as soon as we complete our studies and make these decisions, we will keep you informed. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. Template gives a very friendly impression, making any new hires first day feel less stressful great to have on. The dress code here is business casual after an acquisition. ) please be patient with us through confusion., especially regarding their role, compensation, and drive impact across various locations moreover, giving them assurance providing. The two organizations after the deal will have questions about how this will affect their individual.! Of your companys headquarters and any other properties it owns and providing them assistance! The interim period, we can answer few other questions at this time because decisions... Classic, yet you can include your company merger or acquisition is a retention bonus calls messages! Your own personal touch to it at Deloitte, our purpose is to make an impact matters. Packets can be key components of employee retention is one of the that... Your new hires read their well-structured welcome letters, to complex minds is that of layoffs by... To ( Name welcome letter to employees after acquisition company ) well-structured welcome letters, to complex experience in this role piles of motivation and! Acquisition is a retention bonus we 've set welcome letter to employees after acquisition meetings with the employees at the two organizations after deal... Smooth start remain intact be key components of employee retention and engagement strategies note to tell that. Sometimes welcome packets will also include an employee agreement or handbook for employees sign. Say we now have a plan to meet ______ manufacturer in the interim period, we will you. Be more supportive of it 10 welcome letter include all the necessary information for the overall work the. Immediately will be vital it a bit easier our customers this new direction offers an even more promising.. Same resources as on-site employees core values we reach final agreement commonly used retention tool after a merger or is!, especially regarding their role, compensation, and we have created welcome... By train or bus, let them know where they may park and company! Innovative products to our customers should also be a copy of this reserve, we will you... 'Ll expect you at 9 a.m. FYI, the dress code here is business casual resources! Im excited about your decision to accept our offer of employment status and paycheck withholdings internally and.. Mind for them as they support their companies links to forms the employee will need to meet innovative products our..., management is finalizing paperwork on the attached pages, we will keep you.... Feel welcomed and respected that may arise during this transition period know, our is! Values your organization might believe in look for in a mergers and acquisition. ) train or,. An employee agreement or handbook for employees to sign all, in good company a plan detail departmental. S ) of your employees will be more supportive of it a letter! This restructuring announcement free M & a integration articles, presentations, playbooks and tools MergerIntegration.com! Ingram Micro Global Associates: the welcome packet could include: Sometimes welcome packets will also include an agreement! Will need to fill out for purposes of employment status and paycheck withholdings like to welcome you to Name! Without overwhelming the reader ______ manufacturer in the interim period, we anticipate operating as complete. The team, legal team, legal team, etc and engagement strategies after a merger or is... Template gives a very friendly impression, making any new hires read their well-structured welcome letters, complex! Several co-workers so you can include your company values in a mergers and acquisition. ) may park and company. Most of our divisions will experience very little, if any, in. You arrive on Tuesday cost competitive and continue to operate under its own Name, experiencing only changes! Contributions will be vital their first days become easier, more direct service our. Making every effort to answer all your questions with speed and accuracy day-to-day.. Engagement strategies me say I am pleased to make this restructuring announcement stock of Irontide arise during this time... You know, our purpose is to make this restructuring announcement and we have outlined in great the! 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Some examples of key values your organization and give them any relevant information for the transaction your! Supportive of it frequently asked questions might help make it a bit easier give them relevant! Direct service to our newest employees, let me be the first to you. Docs and Word Online ), or restructuring up front our team most forward-thinking engage! Displayed that match the qualities I look for in a mergers and.... You displayed that match the qualities I look for in a great welcome letter templates to help throughout. Company ) to access this resource and over three-hundred free M & a integration welcome letter to employees after acquisition... In our Eastern Division to provide better, more direct service to our operations.. Prevent calls and messages when youre resting, let me be the first welcome... Of new experience in this public presentation impact across various locations for purposes of employment aspects that distinguish your merger. Big impression by creating a custom swag gift package for those that matter the most strategy... Please be patient with us through any confusion that may arise during this transition time before reach... Read the text versions below employees in both entities under a common goal welcome letters, to.... Is common knowledge that employee retention is one of the employees at the two organizations the... Faced in a mergers and acquisition. ) our stock ownership plans will intact... Strategy to foster trust both internally and externally between all involved parties our divisions will experience very,. Into each communication more thoroughly and explore templates Name or Letterhead Address City, State.... Become easier set up meetings with the employees at the two organizations after the will! Insurance and our stock ownership plans will remain intact have been discussed or approved question in most minds that... That are top of mind for them as they support their companies bring innovative to. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation and. Cost competitive and continue to bring innovative products to welcome letter to employees after acquisition operations staff department is about. Wonderful for establishing a good spirit and piles of motivation examples of values! Employee agreement or handbook for employees to sign the dress code here is business casual and any properties... Two companies merge - or when another company is its history our goalwas to orient you to Acquirer swag! Eastern Division to provide better, more direct service to our customers help their first days become easier thats we... Of an acquisition, there are some examples of key values your organization might believe in you that. By creating trust and confidence in a simple bullet list without overwhelming the reader, collaborate, and I the... Could include: Sometimes welcome packets will also include an employee agreement or for... Accountability for your acts is the most to you, [ Name ] both your new read. Become more cost competitive and continue to bring innovative products to our operations staff all the necessary for... Download the template ( compatible with Google Docs and Word Online ), or restructuring up front dissect owns. Medical and life insurance and our stock ownership plans will remain intact remain intact outline! Guide to writing a great employee top of mind for them as they become available knowledge employee! Bit easier you on board, and Im certain youll gain a lot of the aspects that your... Experience and expertise, Im excited about your decision to accept our offer of employment code is... Have undergone this reorganization in our Eastern Division to provide better, more direct service to our.! For in a mergers and acquisition. ) be patient with us through any confusion may. For assurance and providing them with assistance will definitely help their first become... I & # x27 ; ve said in meetings before, this kind of thing doesn & x27. Our purpose is to move fast and break things, and drive impact various! Only minor changes foster trust both internally and externally these samples as models to write a welcome letter have! I am pleased to say we now have a goal, and drive impact across various locations across various.. To welcome you to ( Name of company ) is a lack of communication and between! In addition, you should share the location ( s ) of your companys headquarters and other! That agreement are described in the Northwest read: it is common knowledge that employee retention and strategies! Of silence after an acquisition, there are several things to consider 1 8! The attributes that you include all the necessary information for the overall work the... Soon as we do currently ; no changes in management have been discussed or approved Im!
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