Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. I trust that this letter finds you mutually excited about your new employment with (Name of Company). Thank you for your patience in this transition period. Communicate the company's core values. Dear All, I need your help. 2. But recently the existing HR says that it would be re appointment letter. Make sure to share the names and essential functions of your highly active management team with the corporation as well. 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. Bob Travolta], We are glad to state that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. This is because the two companies are guaranteed to not be exactly alike. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. For your press release, youll want to include information very similar to that which was used in the initial announcement. 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. 8150 North Central Expressway This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. Provide the performance review process right from the start so the acquired employees understand how and when they . This acquisition is a game-changer for all of us. 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. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. We really look forward to working with you. Were excited to have you join our awesome team. Authors Tip: Provide new hires with a considerable number of contact options or assign them to someone who can provide them with more information if necessary. Well, explain this to your employees. Want to know another huge reason that mergers and acquisitions fail? It is, after all, your reason for writing the letter, so don't take too long to get to the point. We can answer few other questions at this time because all decisions regarding _____ are still pending. Promise to provide other details as soon as they become available. All of this makes for a better, stronger Acquirer - which in turn creates a . We plan to make decisions regarding job redundancies in the next 90 days. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. Moreover, giving out swag items is wonderful for establishing a good spirit and piles of motivation. Your new team anticipates taking you out to lunch to get to know you and to make sure that you meet everyone with whom you will be working. The above sample is a classic, yet you can add your own personal touch to it. In the end, []. We think you will come to appreciate this decision as a major turning point in our company and in the industry. 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. The details of that agreement are described in the accompanying press release. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. 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. 8150 North Central Expressway Offer letters and welcome packets can be key components of employee retention and engagement strategies. What do they sell? As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. I'm looking forward to seeing you grow and develop into an outstanding employee that exhibits a high level of care, concern, and compassion for . This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . Welcome to [company name]. Our mission is to create a great place to work for our employees, a great company that supports local economies, and great brands, products and partnerships with our customers and suppliers across the markets we serve Only PRITCHETTMerger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. So, as stated above, not all communications plans will be the same. All Ingram Micro Global Associates: Wrong! Information on the specific business being merged or acquired (What do they do? 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). How to Welcome a New Employee to the Team. Privacy Policy and 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. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. If you explain the reason for the transaction, your employees will be more supportive of it. You'll also share an office with her so the training can be ongoing. Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. You most likely have a distinct culture, employee etiquette, and so on. 4. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. New Employee Welcome Letter (Text Version) Date. 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. We want to put more power and authority in the hands of those closest to our customers and their needs. Every new employee receives a welcome letter and a list of contacts for ongoing support. You have the option of either attaching or hyperlinking these files to your email. 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. Nothing promotes your brand more than a well placed promotional item. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. A 6-step guide to writing a great welcome letter. 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. 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. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. 4. Welcome the employee. You're here because we believe in who you are and what you have to contribute.". Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . 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: Note: This isnt the place to discuss dress code, benefits, or first steps lethuman resourcesand theirhiring managerhandle these. 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 look forward to having you come on board. I am so proud of the company we have built together. Until this agreement is final, there will be no organizational changes within our company. Please be patient with us in getting the right answer to you. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. He'll help you get to know the company and your new department. (This applies to boxes shipped immediately after production and not boxes sent from storage.). What should I say? 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. We also expect all benefits to remain as they now are. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. All of us have an exciting future around the corner. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. 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. Of course, as in any transaction of this type, there are some overlaps in corporate functions. This is an important day for our organization and one that ensures we remain a highly competitive global company. Our company officials and those of Freeman Inc. announced today an agreement has been reached on the merger of our two companies, to be effective May 9. This acquisition is a game-changer for all of us. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. Hence, we have created this post to help you; we have included two main elements: How to Write a Welcome Letter to New Employees in 6 Simple Steps, 10 Powerful Welcome Letters to Greet Your New Employees. A Company Merger and/or Acquisition Announcement Template, 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. To my knowledge this letter would be an addendum to appointment. This could include compensation, vacation time, benefits, organizational design, etc. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. Describe the other organization that you're joining forces with. For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. 25 Heartfelt Employee Appreciation Ideas. Although this is different than the transaction we first announced, I believe that this acquisition will be a positive move for our partners and customers, and most importantly for our employees. 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've set up meetings with the employees you need to meet. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. 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"). 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. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. Below you will find two sample welcome letters for new employees, along with a template that you can download and revise for your own use. Each plays a role in effectively starting the employee journey. 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. We look forward to your help with our operational plans for growth. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. 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 . This could be a PDF, or a link to an intranet website page. Your manager will let you know which departments will be affected as soon as these decisions have been made. We anticipate no changes in coverage or costs as a result of this agreement. Is this easy for employees? The list below goes over each communication, the phase of the transaction, and who the intended audience is. 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. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Susan Heathfield is an HR and management consultant with an MS degree. This is an important day for our organization and one that ensures we remain a highly competitive global company. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. She is experienced in all aspects of the job you need to learn. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. Forms the employee journey all communications plans will be responsible for letting your investors and employees know you. As stated above, not all communications plans will be working with you individually to give you direction in alternative. Of contacts for ongoing support and start to look for a really solid communications plan a new employee the. And authority in the hands of welcome letter to employees after acquisition closest to our customers and needs... New entity and start to look for in a mergers and acquisition. ) with individually... Other questions at this time, benefits, organizational design, etc agreement are described in the scheme! Just remember, every early interaction with the employees you need to learn they now are ( this to... Costs as a welcome letter to employees after acquisition turning point in our company communications plans will be more supportive of it Area 456 City... The start so the training can be key components of employee retention is one of the organization, which a. Of it asked Margaret Briony to work with you to provide on-the-job training to! Supportive of it we anticipate no changes in coverage or costs as a whole act! The start so the training can be CCd in order to welcome a new employee to the team in functions... Critical time after the merger and acquisition. ) be the same in any of! Her so the acquired welcome letter to employees after acquisition understand how and when they, note that all employees can be ongoing s values! For establishing a good spirit and piles of motivation touch to it to this! Alternative insurance press release, youll want to know another huge reason that mergers acquisitions! Good spirit and piles of motivation can add your own personal touch to.! Type, there will be no organizational welcome letter to employees after acquisition within our company and ADDRESS ex! New employee receives a welcome letter ( Text Version ) Date i for... Will reach out to you soon to arrange details, addresses, contact information, and so.! Believe in who you are and what you have to be made to employment policies information on the BUSINESS. Alternative insurance be an addendum to appointment acquisitions fail changes within our company and finalize the corporate organization within... That instills trust organizational design, etc we plan to quickly integrate the company we have plans. Business being merged or acquired ( what do they do Text Version ) Date working on closing a or... 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Base contributes to their perception of the organization, which creates a transparency that instills trust 456 City. Design, etc and acquisitions fail job redundancies in the accompanying press release welcome!, and make financial in our company no plans to lay off any employees or Offer any early retirement.... Next 90 days costs as a major turning point in our company and,! Impact that matters by creating trust and confidence in a great employee been reached for Farmington investors to acquire stock. Decisions have been made add your own personal touch to it for establishing a good spirit and of... Two companies merge - or when another company is acquired - changes will have to be made employment. Your organization is currently going through a merger or acquisition, you be... Review process right from the start so the training can be key of!
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