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. 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. Welcome to company ABC! 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. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. 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. 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 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. What process will employees follow to accept / decline their offer. After the initial bustle that arises after closing an M&A deal, the strategy and excitement usually wears away. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. We are excited that you have accepted our job offer and agreed upon your start date. Dallas, Texas 75206 In closing, let me say I am pleased to make this restructuring announcement. M&A Communication Plan: Everything You Need (And Free Templates), 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, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. 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. 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. Provide the performance review process right from the start so the acquired employees understand how and when they . We are pleased to say the immediate effect of this announcement on your share holdings has been positive. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. We believe that with someone like you, our team will only get better. There are several ways to do this. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. We appreciate your courtesy in addressing all your concerns to your immediate manager. This could include compensation, vacation time, benefits, organizational design, etc. But all communications plans will have similar things in them. 4. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. Contact information for representatives at your organization. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. My number is 910-244-3256. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Make sure to share the names and essential functions of your highly active management team with the corporation as well. And that is why you need a company merger announcement template or a company acquisition announcement template (depending on the type of deal you are working on). 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. One of the aspects that distinguish your company is its history. It just takes a word or two to convey enthusiasm. The following are some examples of key values your organization might believe in. Lets take a look at our next sample letter. As you become part of the team, Im excited about how theyll shape your professional growth and experience, too. Engaging the managers of the acquired company is also a key part of the process. This email template is great for setting the employee onboarding experience on the right foot. Your box size and cost will be confirmed when all products have been added to your order. Of course, it will be several months before we can arrange all the day-to-day operational changes throughout the organization. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. Share the company's values and mission statement. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. 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! I simply want to tell you how pleased I am about this merger. 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. The new employee welcome email is one of the most critical initial stages in the onboarding process. These are just a simple way to say welcome and thank you for choosing us. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {"useNewLoader":"true","region":"na1"}); Even though your communication plan will be different from plans that other organizations create, it will still be as equally important to the success of the M&A transaction. The letters you send to clients announcing a merger or acquisition should reassure in order to retain. We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. 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. This estimate doesn't include taxes or shipping. We appreciate your continued cooperation, interest, and contribution during this transition period. So, as stated above, not all communications plans will be the same. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Internal vs external communication is very different! Nothing makes a new hire feel more welcome than some good swag items. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. Raymond Schilling . They will come to you with any problems and be calmer once they arrive. 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. In addition, these emails can increase employee satisfaction and motivation. Telecommunications, Media & Entertainment, A compensation and benefits side by side comparison. We'll expect you at 9 a.m. FYI, the dress code here is business casual. 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. 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. 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 you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. Because of this, it makes sense to send out multiple HR updates as more decisions are made to let your employees know how they will be impacted. In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. As I've said in meetings before, this kind of thing doesn't just happen. Copyright 2023 WorkTango. Our headquarters will be moved to the Chicago office sometime within the next year. Of course, the negotiations and complete processing may take up to three months. Of course, as in any transaction of this type, there are some overlaps in corporate functions. Welcome packs can include branded tumblers, customized notebooks, cool office supplies, personalized candy, and many more ideas. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. 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. We want to put more power and authority in the hands of those closest to our customers and their needs. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). You will attend an HR orientation about benefits and complete the new employee paperwork. It measures how well a brand has [], Remote work has become the new normal for many businesses, big and small. At WorkTango, these values guide everything we do: Champion our passion. On a personal note, I love working with all of you. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. 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. Were excited to have you join our awesome team. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. 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. Roseville, CA 95661 . Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. You can use these samples as models to write a welcome letter. All else will follow; Cultivate raving fans; Pursue mastery; Work together. You will report to the division directors, who will report to the same regional directors. At present, each company will continue to operate under its own name, experiencing only minor changes. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. Bob Travolta. You'll also have the opportunity to continue with your new employee orientation plan and your initial work for the department. We are excited that you have accepted our job offer and agreed upon your start date. You can include some personality and unique tidbits, especially if they connect to your corporate culture. You most likely have a distinct culture, employee etiquette, and so on. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and Today, we announce exciting news: Company A has completed its with Company B. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. Your merger and acquisition letter to your staff should include the following (in this order): 1. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. We think this new plan appropriately places us on the brink of a bright decade for Universal. Tango together; Be 1000% you. I speak for the entire company when I say were excited to have you here. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. 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. Dear Fellow Employees: 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. It will make a new hire feel at home on the first day and more connected to their surroundings. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. Your objective is to help the new employee feel welcomed to his or her new job. 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. Lets hit the ground running! 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 is an important day for our organization and one that ensures we remain a highly competitive global company. Information on the specific business being merged or acquired (What do they do? After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. We hope that you have a great time working with us and were sure that well be learning something new every day. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). 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. Why is partnering up with a swag company important? As stated above, most mergers and acquisitions fail. Once a candidate has formally accepted a job offer, each subsequent contact through email is considered part of greeting the employee. 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