This acquisition is a game-changer for all of us. Team, I'm excited to share that today Microsoft announced a deal to acquire LinkedIn. Engaging the managers of the acquired company is also a key part of the process. You can even show them images of how your staff relax or take a break, some facilities you have, etc. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. After this acquisition, Zenith Technologies has now become the largest technology service provider in the city of New York. This is an important day for our organization and one that ensures we remain a highly competitive global company. However, as soon as we complete our studies and make these decisions, we will keep you informed. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. Use our easy template: Welcome to [Company Name]! Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. Read: 2. I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. PRITCHETT, LP Even if you compose your welcome email in a more informal way, a few essential elements must be included. You are, after all, in good company. Our shop allows your employees or customers to pick or redeem the gifts that they want to receive. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . It just takes a word or two to convey enthusiasm. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. Contact information for representatives at your organization. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. On a general note, instead of using a lot of I and We, try You.. Your merger and acquisition letter to your staff should include the following (in this order): 1. If you have questions, please feel free to email or call me. Share the company's values and mission statement. 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. We look forward to having you come on board. 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. 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. Note: This isn't the place to discuss . Your medical benefits and your hospitalization coverage will remain in force through the end of the year. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. 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. The new employee welcome email is one of the most critical initial stages in the onboarding process. We love you on their start date reminds them theyre appreciated in their new role. And that is just one issue to worry about! Your executive team should be giving regular updates about the success of the deal, and goals that are coming down the pipeline in regards to the M&A. Example 3: Company merger letter. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). Ballmer town hall (microsoft) As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve . You most likely have a distinct culture, employee etiquette, and so on. Make sure that you provide them with contact information for a human resources representative that can answer these questions. Until this agreement is final, there will be no organizational changes within our company. Im confident you will come to share my enthusiasm for this decision. There is usually a brief period of silence after an acquisition. Who will manage employee questions, and how? 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. Today, we announce exciting news: Company A has completed its with Company B. 1. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. In the end, []. Hands free platform, we build to your liking, quickly! A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. Heres an example: Welcome to WorkTango! The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. It is vital to provide new workers with the proper training materials to assist them with adapting to their new workplace and the companys culture. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. HR Updates 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. 8150 North Central Expressway the business assets of XYZ Co.] based in [LOCATION OF . Announce the merger, acquisition, or restructuring up front. 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. clientsolutions@mergerintegration.com. 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 should include fundamental business information. On a personal note, I love working with all of you. 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. At WorkTango, these values guide everything we do: Champion our passion. We believe that with someone like you, our team will only get better. See how we connect, collaborate, and drive impact across various locations. 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. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '65c49de6-36ef-4069-9d81-53b4869de7b6', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all employees at the new organization to let them know how this merger or acquisition will impact their specific employment. We recommend you use the term excited or a synonym. We have a fine companya company with people who have the highest values and interest for their colleagues. Elements of a successful letter for welcoming new employees. Roseville, CA 95661 . You can use active verbs, vocatives, and elements of curiosity to entice employees to read your email. We look forward to your help with our operational plans for growth. There are several reasons for this, including lack of knowledge about valuation, lack of understanding about value drivers, and cultural misfits. 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. Consider the company overview to be an introduction to your firm. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. Theres a lot to learn in these first weeks, but I wanted to take a minute to start with the heart of the matter our company core values. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. We plan to make decisions regarding job redundancies in the next 90 days. Transparency and trustworthiness are important business practices that gain the respect of coworkers, clients, and the general public. 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. Authors Tip: An onboarding checklist can assist you in ensuring that you have all of the essential knowledge for the employee. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. 4. Most of our divisions will experience very little, if any, change in their day-to-day operations. During these sessions we discuss topics that are top of mind for them as they support their companies. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. Raymond Schilling . Bob Travolta. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. We are pleased to say we now have a goal, and we have a plan. clientsolutions@mergerintegration.com. I simply want to tell you how pleased I am about this merger. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. Each plays a role in effectively starting the employee journey. Employee Welcome Letter Template. HR Updates: This should happen after the closing of the deal and should include information for employees in regards to changes to their benefits, compensation, etc. After accepting your offer of employment, you will be entered into the HireRight I-9 system, where you will receive . Include new employee welcome letterin youronboardingprocess. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. Having a welcome letter is a great way to start an open dialogue of honesty and transparency with new employees, as well as to create an inviting culture that will hopefully assist with retention issues. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! You'll also meet with several co-workers so you can get a feel for the overall work of the department. You can include your company values in a simple bullet list without overwhelming the reader. I anticipate that your second day will involve more co-worker meetings to understand the department. Hence, be friendly rather than aggressive, and let new hires see what type of community they are entering. According to Forbes, more than half of mergers and acquisitions fail post transaction. The next few weeks will be busy, exciting, and challenging ones. This is were ongoing communication is useful. 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). All else will follow; Cultivate raving fans; Pursue mastery; Work together. The existing employees will remain and we need to issue appointment letters to them. We are excited that you have accepted our job offer and agreed upon your start date. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. Please enable JavaScript to view the site. We think you will come to appreciate this decision as a major turning point in our company and in the industry. 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. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. 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. How to Welcome a New Employee to the Team. Welcome aboard our team! Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. We have put together a schedule for your first week. 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. 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. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. 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. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. Want to know another huge reason that mergers and acquisitions fail? Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. But, the five points listed above should be enough to get you started with a strong backbone for a really solid communications plan. This deal brings together the world's leading professional cloud with the world's leading professional network. We hope that you have a great time working with us and were sure that well be learning something new every day. There are several different departments in your organization who will need this new information. 2. Times of change are more successful when people have a leader to follow. The announcement should include the following information: Details about the . Ready to write your own? Communicate the company's core values. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Performance Review. UK:+44 203 936 2220 These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. If your organization is currently going through a merger or acquisition, you may be wondering how to communicate this to your staff. 1. 1. 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. 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. Dear All Concerned, We are in the process of acquiring a company. UK:+44 203 936 2220 |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead We will continue to update you with details of this decision as soon as we ourselves learn of further plans. Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. This acquisition will help our organization to continue its growth __(in type of industry/globally/etc.)__. The only visible change evident immediately will be. 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. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. 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 . Key Takeaways. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. 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. I am so proud of the company we have built together. 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. Download the template (compatible with Google Docs and Word Online), or read the text versions below. 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. They are generally emailed to the new employee by the employee's manager. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. Building employees' trust, offering incentives and training, and communicating on an individual level are key to retaining employees after a merger or acquisition. If you have questions prior to your start date, please call me at any time, or send me anemail if that is more convenient. ), 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. Such as your marketing team, legal team, shipping team, etc. Shipping is anywhere in the contiguous 48 states at one low rate. Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry. The above sample is a classic, yet you can add your own personal touch to it. 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Company is also a key part of the company we have found it necessary to continue growth! Staff should include the following ( in this order ): 1 active verbs, vocatives, more!, a few essential elements must be included an HRIS or online platform... Must be included agree this decision was the only sensible one in light of todays economy weeks. Grow, we are pleased to announce our forthcoming merger with ABC & ;...