Company Merger Announcement. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. This acquisition is a game-changer for all of us. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. Each of us will play a role to ensure your successful integration into the department. One of the aspects that distinguish your company is its history. We have created 10 welcome letter templates to help you throughout the process. Addressee Address City, State Zip. 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. Let readers know where they can direct other questions about changes. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Please rest assured your jobs will in no way be affected. I am pleased to have you working with us. Employee onboarding should start off as organized and well-put-together. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. 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. Elements of a successful letter for welcoming new employees. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. You can include some personality and unique tidbits, especially if they connect to your corporate culture. It makes handling apparel sizing so easy you will love us for it. 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. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. So, before you make the initial announcement, make sure you have some sort of human resources road map. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. 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. We will implement these plans with the utmost concern for our own employees well-being. 1. To our newest employees, let me be the first to welcome you to Acquirer. For example, if your organization is informal, utilize that in your email. 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. To our newest employees, let me be the first to welcome you to Acquirer. Strategize the perfect time to tell everyone. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. The announcement should include the following information: Details about the . 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. This new direction offers an even more promising horizon. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. Of course, as in any transaction of this type, there are some overlaps in corporate functions. They should include boilerplate information related to confidentiality, contracts, and what else. Will employees have an opportunity to join a meeting to ask questions before or after receipt? Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. At [Company Name], these values guide everything we do: [Company Core Values]. Were excited to have you join our awesome team. Hence, sharing your key values in your welcome letter is essential. 4. Help the acquired employees understand the heart of the organization and its why. But did you know that a lot of these failures result from human capital issues? Plus, well make sure to send you a work-at-home kit to make you more productive than ever. Your objective is to help the new employee feel welcomed to his or her new job. Once again, were all delighted to have you here. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. Im so excited to have you join the team. My number is 910-244-3256. What should a greatwelcome emailor letter look like? 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 are some of the most important considerations about this phase of the project your transaction team should review before making the initial announcement: Obviously you will need to notify the employees at both joining business entities, but you will also want to make a list of other important stakeholders that will need to know this information. It could damage business relationships with clients, vendors, stockholders, and investors if it looks like you intentionally didnt notify them. This is a one-time bonus that the organization will give out to high-impact employees. Use our easy template: Welcome to [Company Name]! We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. The many rumors you have heard do have some basis in factwe are pleased to announce that. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. Download the template (compatible with Google Docs and Word Online), or read the text versions below. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Because of this, your transaction team will want to partner with both companys human resources departments to ensure that you have a plan to retain important employees. Theyre what makes us [Company Name]. 1. We want to put more power and authority in the hands of those closest to our customers and their needs. She has decades of experience writing about human resources. We think this new plan appropriately places us on the brink of a bright decade for Universal. 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.. But all communications plans will have similar things in them. When you announce your company merger or acquisition, there are several things to consider. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. The following are some examples of key values your organization might believe in. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 2. Keep up the good work. 1648 Grey Owl Circle . Until this agreement is final, there will be no organizational changes within our company. I know we've had some interactions in the interview process, but I'm excited to get to know you better. 8150 North Central Expressway Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. 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. So, as your executive addresses these differences, you will want to update your employees about them. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. At present, each company will continue to operate under its own name, experiencing only minor changes. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. MEMO. 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. Wrong! 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. We are pleased to say we now have a goal, and we have a plan. Certain services may not be available to attest clients under the rules and regulations of public accounting. Copyright 2023 WorkTango. You can even show them images of how your staff relax or take a break, some facilities you have, etc. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. Keep the employee love coming. 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. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. We are convinced its the right thing to do for the overall health of our company. New Employee Welcome Letter (Text Version) Date. 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. Today, we announce exciting news: Company A has completed its with Company B. A good place to start to find the right swag company is our guide on finding, evaluating, and choosing the swag vendor that will discuss and cover all your branded merchandise needs. Will it allow your organization to expand into a new market? Your organization is merging or acquiring for a reason, right? Once a candidate has formally accepted a job offer, each subsequent contact through email is considered part of greeting the employee. To stay logged in, change your functional cookie settings. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. Again, welcome to the team. If the deal is finalized, provide the date at which is was finalized. 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. Employees will understandably be concerned, and their concerns aren't . Champion our passion. DTTL and each of its member firms are legally separate and independent entities. Welcome letters can range from extremely simple, like these sample letters, to complex. All of this is an amazing accomplishment. In addition, if you decide to add an exclamation point, avoid using the word excited or a similar word in that line; it is repetitive and overdone, and it can seem unprofessional. 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 . 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. 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. We couldn't be happier to welcome you to the team. There are several different departments in your organization who will need this new information. In fact, our plans as they now stand call for immediate growth and the resulting creation of approximately 400 new jobs in the community. We offer the only Employee Experience Platform that enables meaningful, , offers actionable insights through employee. As I've said in meetings before, this kind of thing doesn't just happen. 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. Values ] our whole department is excited about your decision to accept offer. 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Questions or if you would like to learn about our M & a integration services. Values ] should include the following information: Details about the overlaps in corporate functions be no organizational.... Job offer, each subsequent contact through email is considered part of greeting the employee of Bledson International the of... Of key values your organization is merging or acquiring for a reason, right you more productive than ever distinguish!