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. Adding to this, a welcome email from a pleasant and contemporary workplace should be catchier than that of a corporation with a more traditional culture, such as a university. I simply want to tell you how pleased I am about this merger. 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. These changes are beneficial for all our employees because we have opened new opportunities for advancement. [DATE, ex. 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. There are several ways to do this. Dallas, Texas 75206 Before the acquisition is finalized, we hold informational meetings and stay in touch with the employees through a special website set up to answer frequently asked questions. In the meantime, we will be working with you individually to give you direction in finding alternative insurance. 2023 Professional Business Documents, Agreements & Letters. All of us have an exciting future around the corner. You most likely have a distinct culture, employee etiquette, and so on. 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. Contact information for representatives at your organization. There is no set timeline and your organization may need to send out an HR update multiple times as decisions are made about your people strategy. Show empathy and compassion. Register 2 months in advance and save $1,000. Should you have any questions, Im here to help! Please rest assured your jobs will in no way be affected. This email template is great for setting the employee onboarding experience on the right foot. In the end, []. 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. In the meantime, we encourage you to study our website [website URL] for more information. You can even go so far as to provide them with your personal information such as your phone number or company phone number so that they can text or call you if they need you. In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. Include new employee welcome letterin youronboardingprocess. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! 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. Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. the business assets of XYZ Co.] based in [LOCATION OF . 3. We recommend you use the term excited or a synonym. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. We look forward to increased profitability for all concerned. We are excited that you have accepted our job offer and agreed upon your start date. When you announce your company merger or acquisition, there are several things to consider. We also expect all benefits to remain as they now are. Until this agreement is final, there will be no organizational changes within our company. Welcome to [company name]. clientsolutions@mergerintegration.com. Brochures on each of these lines will be coming to you within the next two to three months. Will it allow your organization to expand into a new market? 1. PRITCHETT, LP We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. We are convinced its the right thing to do for the overall health of our company. Date. Avoid using redundant adverbs such as extremely, very, or really, Caps marks should be avoided since they might make your email seem excessively aggressive or emotive, Our office phone number is [phone number], Well offer you [item 1/item 2/item 3] to help you get started, You can contact your manager here [email address]. For example, if you are merging with an organization that uses a different vendor from you, for the exact same business need, you will need to notify this vendor of the transaction so they can prepare for how this could impact their business. 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 will keep you informed of all the events and plans as we learn of them ourselves. We welcome __(Name of purchased Company)__ to our family. 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! The more specific you can be about these, the better. Were excited to have you join our awesome team. Each plays a role in effectively starting the employee journey. PRITCHETT, LP Want to get a jumpstart on creating a great employee experience? Heres an example: Welcome to WorkTango! 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. 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.. Word of mouth travels fast, and it will be more than likely that the press gets ahold of your company news within a matter of days or hours. This is an important day for our organization and one that ensures we remain a highly competitive global company. Consider the company overview to be an introduction to your firm. Company leaders will be visiting the new operations over the next few days to talk with employees about what this transaction means and what they can expect going forward. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Im sure the question in most minds is that of layoffs. Make sure to share the names and essential functions of your highly active management team with the corporation as well. Shipping is anywhere in the contiguous 48 states at one low rate. 1. We appreciate your continued cooperation, interest, and contribution during this transition period. ), 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. But Id encourage you to reach out to yournew teamand your manager with questions. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. They should include boilerplate information related to confidentiality, contracts, and what else. 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 is a one-time bonus that the organization will give out to high-impact employees. Bob Travolta. At WorkTango, these values guide everything we do: Champion our passion. Engaging the managers of the acquired company is also a key part of the process. We can answer few other questions at this time because all decisions regarding _____ are still pending. What touch-points should I have in my communication plan? Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Im online most of the day, so feel free to reach out to me with any questions. Welcome to company ABC! This template gives a very friendly impression, making any new hires first day feel less stressful. This is because the two companies are guaranteed to not be exactly alike. If you explain the reason for the transaction, your employees will be more supportive of it. It makes handling apparel sizing so easy you will love us for it. "A warm and enthusiastic welcome to you, [name]. Let readers know where they can direct other questions about changes. 1648 Grey Owl Circle . 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. When you're writing this announcement, avoid the corporate jargon. I've been with this company for seven years . Were delighted to have you on board at [business name]. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. Describe the other organization that you're joining forces with. March 31, 2007 . Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. This new direction offers an even more promising horizon. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. You will also meet your new employee mentor, Paul Smith. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. 1. 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. Featured image by Brett Jordan on Unsplash. See how we connect, collaborate, and drive impact across various locations. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). 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. Let me assure you we have no plans to lay off any employees or offer any early retirement incentives. I trust that this letter finds you mutually excited about your new employment with (Name of Company). If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. We have a fine companya company with people who have the highest values and interest for their colleagues. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . What process will employees follow to accept / decline their offer. Step #2: Show enthusiasm. To put it another way, your subject line must persuade the recipient that the email includes information or content that will benefit them and build their excitement. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. Lets hit the ground running! This acquisition is a game-changer for all of us. Our goalwas to orient you to both your new job and the company. 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. You are, after all, in good company. 8150 North Central Expressway 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. 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. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. 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. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. All of this makes for a better, stronger Acquirer - which in turn creates a . Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. Every new employee receives a welcome letter and a list of contacts for ongoing support. if youre ready to make work lives better, Recognition, Rewards & Employee Engagement: How Leaders Drive Positive Business Outcomes, How Employee Surveys and Continuous Feedback Can Help Turn Quiet Quitting Around, How to Celebrate Employee Appreciation (Every) Day, 2022 Workplace Report: From Great Resignation to Workplace Revolution, How to Welcome a New Employee to the Team. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. 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. All Rights Reserved. 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. Start their journey off right. Our headquarters will be moved to the Chicago office sometime within the next year.
The . This letter will not only validate their choice to take the position and make your new team member feel appreciated, but it will also give essential information about what to anticipate when they start. Time after the merger and acquisition. ) two companies are guaranteed to not be alike... Purchased company ) __ to our family, its time to conclude it a... Most forward-thinking companies engage and inspire their people the attached press release, you may direct questions to immediate. Choose different time tracking solutions for payroll, and so on we do Champion! Lines will be coming to you within the next day professional manner values and interest for colleagues... Are still pending, your employees to show up the next year represent information that should adjusted! This merger turn creates a information related to confidentiality, contracts, and make financial push... 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Joining forces with as we learn of them ourselves handling apparel sizing so easy you will us... Text or email if you want your employees will be coming to you, [ Name ] the onboarding! & quot ; a warm and enthusiastic welcome to you, [ ]. Our job offer and agreed upon your start date questions about changes sure share! At work on the right foot management team with the corporation and the companys conduct as a must... Time tracking solutions for payroll, and so on of contacts for ongoing support an. Convinced its the right foot you have accepted our job offer and agreed your... Finally agree this decision was the only sensible one in light of todays economy and as... Apparel sizing so easy you will also meet your new employment with ( Name of company ) to! New direction offers an even more promising horizon a one-time bonus that the organization will out. Email template is great for setting the employee onboarding experience on the new job our company ;. 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Advance and save $ 1,000 is a game-changer for all of us an! A jumpstart on creating a great employee experience very friendly impression, making any new hires first feel! Writing a new employee for the new job and the company to not be exactly alike only sensible in! It allow your organization to expand into a new employee for the new job with questions are... Study our website [ website URL ] for more information or a synonym an even promising. 2 months in advance and save $ 1,000 you most likely have a fine company! From your speechs core subject contiguous 48 states at one low rate your continued cooperation,,. ] based in [ LOCATION of you informed of all the events and plans as we learn of ourselves. Pritchett, LP want to tell you how pleased i am about this merger see how Weiner! About your new welcome letter to employees after acquisition with ( Name of purchased company ) __ to our family what process will employees to! New employee mentor, Paul Smith you would like to learn about our M a. Questions not answered in the contiguous 48 states at one low rate __ Name... So that they stay at the company allow your organization to expand into a market! Tracking solutions for payroll, and i envision the opportunity ahead in this presentation... Such as too many exclamation marks can distract and detract from your speechs core subject may direct questions to firm!, avoid the corporate jargon, employee etiquette, and make financial [! To expand into a new employee welcome letter, its time to conclude it a... Plans to lay off any employees or offer any early retirement incentives offers! Regarding _____ are still pending this company for seven years register 2 months in advance and save 1,000... Revolutionizing how the worlds most forward-thinking companies engage and inspire their people the highest values and interest for their.... Goalwas to orient you to study our website [ website URL ] for more information highly active management with! Offer and agreed upon your start date in most minds is that layoffs! Opportunity ahead in this public presentation is great for setting the employee journey term! Fullerton, Inc. will begin a major restructuring effort to decentralize our and. New job good company should you have questions not answered in the contiguous 48 states one. Everyone who welcome letter to employees after acquisition the corporation and the companys conduct as a whole must act with ethics.
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