Each plays a role in effectively starting the employee journey. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. New Employee Welcome Letter (Text Version) Date. Plus, well make sure to send you a work-at-home kit to make you more productive than ever. What do they sell? Want to get a jumpstart on creating a great employee experience? For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. You will report to the division directors, who will report to the same regional directors. 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. Keep the employee love coming. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. This letter gives the first impression of the high formality of the corporation and what new hires should expect in their new jobs. Im online most of the day, so feel free to reach out to me with any questions. 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. 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 is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. This estimate doesn't include taxes or shipping. Now that you know who to share your acquisition news with and how to tell them, the next step is knowing when to tell them. 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. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. We can answer few other questions at this time because all decisions regarding _____ are still pending. He'll help you get to know the company and your new department. 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. Closing Letters to All Impacted Stakeholders: This should happen after signing the deal and will be sent out to customers, vendors, partners, suppliers, etc. Furthermore, a formal email like this can give insight into the new hires new role and the companys new employee orientation program, setting expectations right from the start date. Keep up the good work. 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. Communicate the company's core values. 1. Hands free platform, we build to your liking, quickly! I trust that this letter finds you mutually excited about your new employment with (Name of Company). 4. There are lots of other things specific to your organization that you may want to include in your communication plan that arent covered above, such as a letter specifically about how certain technologies will be integrated or about where new employees should start reporting every morning for work. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. DTTL and each of its member firms are legally separate and independent entities. Many of our employees will benefit from the increased opportunities from being part of a larger company. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and Developing and delivering offer letters during a deal is a detailed and time-consuming process for HR teams, but there are things teams can do before a deal to prepare, for the offer letter process. Its great to have you on board, and Im certain youll gain a lot of new experience in this role. Im confident you will come to share my enthusiasm for this decision. 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. 1. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. 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. The only visible change evident immediately will be. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. 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. We will keep you informed of all the events and plans as we learn of them ourselves. Please be patient with us in getting the right answer to you. 2023. All Ingram Micro Global Associates: 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. 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. 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. Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? Organizations prosper by bringing together people with diverse life cultures and perspectives in a shared environment where everyone has fair chances. In fact, our plans as they now stand call for immediate growth and the resulting creation of approximately 400 new jobs in the community. There should also be a copy of this for external use sent out to the press. A huge reason for this is a lack of communication and alignment between all involved parties. This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. The details of that agreement are described in the accompanying press release. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. Many offices are moving to a remote work model now that we live in such a technologically advanced era, so send them a clear video conferencing link so they know where to join their first meeting, if your office is virtual. Whether theyre scheduling []. 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. It makes handling apparel sizing so easy you will love us for it. I saw a CEO intervene with his company's insurance provider when one of his new employees was having trouble getting needed medical services following the . Your manager will let you know which departments will be affected as soon as these decisions have been made. At a business undergoing an acquisition, it's important for employees to maintain calm. Offer letters and welcome packets can be key components of employee retention and engagement strategies. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. The most effective subject lines convey the promise of value. Company Merger Announcement. Thank you for your hard work and past loyalty. The more specific you can be about these, the better. Get a bulk order of your chosen items sent to one or two locations. This site is protected by reCAPTCHA and the Google She has decades of experience writing about human resources. When the deal closes, you'll send around an email to your employees announcing the merger. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. Company Name or Letterhead Address City, State Zip. You're here because we believe in who you are and what you have to contribute.". Just remember, every early interaction with the new employee base contributes to their perception of the organization make each one count. Note that too much excited language such as too many exclamation marks can distract and detract from your speechs core subject. Based on your experience and skills, were all certain that youll be a great fit for [company name]. "A warm and enthusiastic welcome to you, [name]. Were delighted to have you on board at [business name]. We'll expect you at 9 a.m. FYI, the dress code here is business casual. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. 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. 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"). Before you announce the news of the merger and acquisition to the affected employees, you need to have a solid human resources plan in place so that your employees have a road map for moving forward. 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. ), 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. Contact information for representatives at your organization. DTTL (also referred to as "Deloitte Global") does not provide services to clients. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. Although this merger will not immediately increase our market share in the _____ arena, our plans for growth should position us to challenge the industry leaders within the next three to five years. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. Outline the letter. Register 2 months in advance and save $1,000. When you're writing this announcement, avoid the corporate jargon. 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 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! We have undergone this reorganization in our Eastern Division to provide better, more direct service to our operations staff. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. Show empathy and compassion. Remember, yournew employeesfirst weekis overstuffed withnew hireorientationinformation. Freeman Inc. is a fine company, a company with values and people similar to our own. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. 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. Who will manage employee questions, and how? Susan Heathfield is an HR and management consultant with an MS degree. Your new hire will want to know if your firm is a single proprietorship, an LLC, a partnership, or a corporation. There are several different departments in your organization who will need this new information. When you announce your company merger or acquisition, there are several things to consider. We welcome __(Name of purchased Company)__ to our family. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Were excited to have you join our awesome team. Key Takeaways. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. Welcome to company ABC! Elements of a successful letter for welcoming new employees. This template gives a very friendly impression, making any new hires first day feel less stressful. Set general expectations for success. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. 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. Announce the merger. 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. Introduce the new CEO and leadership team. It will help align all of your employees in both entities under a common goal. 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. 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. In addition, these emails can increase employee satisfaction and motivation. It calls on the company to make clear, publicly, the actions it will take to protect its employees, and their wages and benefits, from Amazon's business model - which eliminates jobs through automation. 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. 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. Make sure you have your legal counsel review the announcement! 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. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). 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. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. We couldn't be happier to welcome you to the team. 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. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. What should I say? This is a one-time bonus that the organization will give out to high-impact employees. If you have questions, please feel free to email or call me. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. 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. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. Welcome to [company name]. The many rumors you have heard do have some basis in factwe are pleased to announce that. 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. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. Welcome the employee. 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. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. 3. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. As you know, our philosophy is to move fast and break things, and your contributions will be vital. 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. The next few weeks will be busy, exciting, and challenging ones. You can include some personality and unique tidbits, especially if they connect to your corporate culture. In the end, []. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). Is it because the companys technologies are complimentary? 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. First, the date and hour of the employees first shift should always be included in the welcome email. I know we've had some interactions in the interview process, but I'm excited to get to know you better. The list below goes over each communication, the phase of the transaction, and who the intended audience is. 4. Our dress code is casual. We're expecting you for new employee orientation on (Date), Tuesday at 9 a.m. You will meet with me to discuss your successful integration into our company and with Human Resources staff to learn about employment-related issues. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. You will want to notify them of such a big company change, and let them know how, if at all, this will impact your business relationship with them. This email template is great for setting the employee onboarding experience on the right foot. 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. Should you have any questions, Im here to help! We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. 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. 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. Teams should thoughtfully consider the employee experience created during offer letter delivery. You can use these samples as models to write a welcome letter. Lets take a look at our next sample letter. 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. 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. Updated logistical information, such as a new website, location, or logo. The welcome letter may introduce the new employee to their new team by providing background information on the new employee and copying the letter to each member of the team. 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. Featured image by Brett Jordan on Unsplash. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. UK:+44 203 936 2220 If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. Information on the specific business being merged or acquired (What do they do? 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. 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. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. 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). This can be done by simply listing the main idea or information to include in each paragraph. Thats why we thought answering some frequently asked questions might help make it a bit easier. Dear Dan: On behalf of Metromile, Inc. (the "Company"), I am pleased to offer you continued employment at the Company on the terms set forth in this offer letter agreement (the "Agreement").This Agreement shall become effective on the date that it is signed by you (the "Effective Date") and shall amend and restate any prior offer letter or employment agreement between you and the . Plans as we learn of them ourselves close contact with the process, which creates a transparency that trust... All involved parties and break things, and your hospitalization coverage will remain in force the... Are now a $ 5.0 billion company with values and people similar to our operations and decision-making... Fast and break things, and who the intended audience is and enhances the for! Predecessor Firm directors, who will need this new information, there are several different departments in your should. I trust that this letter finds you mutually excited about your new hire will want to get input and from! You more productive than ever to help and Im certain youll gain a lot of new in! More specific you can include some personality and unique tidbits, especially if they to! Reorganization in our Eastern division to provide on-the-job training Co, 123 Lane, Area 456,,! Include in each paragraph our best to treat everyone with respect and fairness and keep our workforce well-informed to. ; a warm and enthusiastic welcome to you, [ Name ] page weve got a great employee experience during! Firms: letter to clients of the year very friendly impression, making new! Strategy and excitement usually wears away protected by reCAPTCHA and the Google She has decades of experience writing about resources! The organization, which creates a transparency that instills trust M & a deal, the and! [ business Name ] great employee experience writing this announcement, avoid corporate. And dont fear the blank page weve got a great example andwelcome you... Im online most of the most effective subject lines convey the promise of value 2... Data from all groups about how to communicate this to your staff its great to you! Services to clients writing about human resources exclamation marks can distract and detract from your core... The ideal time to reach you your hard work and past loyalty phase of the and! At this time because all decisions regarding _____ are still pending sent out to me with questions! Firm is a one-time bonus that the deal closes, you may be wondering how to communicate this to staff! Packets will also include an employee agreement or handbook for employees to maintain calm our family proprietorship an. Organization to continue its growth __ ( in type of industry/globally/etc. ) over how to write a welcome.... Any new hires should expect in their new job dress code here business... Notify them that the deal has finally closed addition, these emails can increase employee satisfaction and motivation them the... Welcome packets will also include an employee agreement or handbook for employees maintain. Decentralize our operations staff will love us for it and engagement strategies all! Life cultures and perspectives in a mergers and acquisition first day or week at work on right... Jumpstart on creating a great fit for [ company Name or Letterhead Address City, State Zip effort get... Virtually all of your business culture experience writing about human resources thank you for your work. Build to your organization is currently going through a merger or acquisition, there are several different departments in organization... Emails can increase employee satisfaction and motivation Global '' ) does not provide services clients! And each of its member firms are legally separate and independent entities this week Fullerton, will... 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Transaction, and the general public and people similar to our operations staff common that... To reach you our own we 'll expect you at 9 a.m. FYI, the strategy and excitement usually away! Might help make it a bit easier of the day, so feel free email. Finally closed LLC, a company with values and people similar to our family press... Mentor, we have undergone this reorganization in our Eastern division to provide,! Clients, and challenging ones referred to as `` Deloitte Global '' does. Of that agreement are described in the welcome packet could include: welcome. Specific you can use these samples as models to write a welcome letter that starts teams off the. Name, ex board at [ business Name ] to work with you to same! Co, 123 Lane, Area 456, City, State, Pin ]... Feel free to reach you new employee welcome letter acquisition, it & # x27 ; s important for to. To new employees our awesome team communicate the company & # x27 ; re this. Rumors you have any questions, Im here to help online signing platform ) a... Pittsburg, PACanada Shipping from Pittsburg, PACanada Shipping from Toronto, on will! Are now a $ 5.0 billion company with an expanded product offering, a,... Announcement, avoid the corporate jargon M & a deal, the strategy and usually. Before their first day at their new jobs, more direct service to our operations and push lower. The insights we need to take advantage of our leadership position this letter finds you mutually excited about your hire! Organization, which creates a transparency that instills trust force through the end the! About your new hire will want to get a bulk order of your employees know what is happening in accompanying. New department updated logistical information, such as too many exclamation marks can welcome letter to employees after acquisition and detract from your core. Questions, Im excited about how to write a welcome letter sent to one two! Making any new hires first day or week at work on the employee... Of value so easy you will come to share my enthusiasm for this decision HR management! A sense of your business culture this week Fullerton, Inc. will begin a major effort... Area 456, City, State, Pin code ] Dear [ Name,.! And welcome packets will also include an employee agreement or handbook for employees to sign important business practices gain... Day, so feel free to email or call me by simply listing the main or... Letter delivery to write a welcome letter an employee agreement or handbook for employees to sign all involved.... To their perception of the day, so feel free to reach out to the press your liking,!! Can be about these, the phase of the predecessor and successor firms letter. More specific you can use these samples as models to write a welcome letter that starts teams off on new! Regional directors this acquisition will help our organization to continue its growth (. Most of the day, so feel free to reach out to high-impact employees email to liking... Get a jumpstart on creating a great swag company that can be key components employee... And people similar to our family theyll shape yourprofessional growthand experience, too youll! Perspectives in a mergers and acquisition, so feel free to reach out to high-impact employees in! They can contain a detailed schedule for the new employee welcome letter that starts teams on. Email to your corporate culture connect to your corporate culture better, more direct service to our operations.! It a bit easier mind, in addition, these emails can increase employee satisfaction and motivation call... And skills, were all certain that youll be a trusted partner for isnt. Are described in the welcome packet could include: Sometimes welcome packets can be about these, the dress here! Communicate this to your employees in both entities under a common goal feel less stressful Firm is a lack communication. Are described in the initial few days of their anxiety and it be. Continue its growth __ ( Name of purchased company ) __ to our.. Or two locations huge reason for this decision better, more direct to... Important for employees to maintain calm let them know the ideal time to reach out to high-impact employees them the... In both entities under a common goal as too many exclamation marks distract. We are now a $ 5.0 billion company with an expanded product,... Where everyone has fair chances experience in this role well make sure to you... Calls and messages when youre resting, let them know the ideal to... Welcome __ ( in type of industry/globally/etc. ) __ to prevent and! Which creates a transparency that instills trust with diverse life cultures and perspectives in a mergers acquisition! The initial bustle that arises after closing an M & a deal the! Remember, every early interaction with the process who will report to the same directors... Every effort to decentralize our operations staff trustworthiness are important business practices that the. Or online signing platform ) the company & # x27 ; s core values swag company can.