In the future, as you come in contact with these new members of the Burford-Hymil organization, Im confident you will come to share my great enthusiasm for this relationship. We all look forward to working with you daily and sharing more about what brings us together. 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. 0 Comments. We want to put more power and authority in the hands of those closest to our customers and their needs. We look forward to having you come on board. 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. Make sure to share the names and essential functions of your highly active management team with the corporation as well. We have created 10 welcome letter templates to help you throughout the process. Address Some questions to consider include: Understanding the organization you are acquiring including their location, employee agreements, job/comp structure, and benefits packages will help your team decide which timeline, contents, and method of delivery are right for you. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. This is an important day for our organization and one that ensures we remain a highly competitive global company. Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. 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. We do not anticipate any early retirement programs or severance options in connection with this acquisition. You will report to the division directors, who will report to the same regional directors. 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. Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. 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. We know we'll be turning to you when we need your unique talents the ones we hired you for.". And if you like what you hear, we should talk. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. This week Fullerton, Inc. will begin a major restructuring effort to decentralize our operations and push decision-making lower in the organization. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. Thats why we thought answering some frequently asked questions might help make it a bit easier. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. Hands free platform, we build to your liking, quickly! 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. Will the offer letter be delivered in person or virtually (via an HRIS or online signing platform)? The following are some examples of key values your organization might believe in. 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. We recommend you use the term excited or a synonym. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. He'll help you get to know the company and your new department. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. Keep the employee love coming. All of this is an amazing accomplishment. For your press release, youll want to include information very similar to that which was used in the initial announcement. We welcome __(Name of purchased Company)__ to our family. We really look forward to working with you. Share the company's values and mission statement. We are convinced its the right thing to do for the overall health of our company. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Teams should thoughtfully consider the employee experience created during offer letter delivery. It is, after all, your reason for writing the letter, so don't take too long to get to the point. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. We'll have this schedule finalized when you arrive on Tuesday. You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. See Terms of Use for more information. Many of our employees will benefit from the increased opportunities from being part of a larger company. Please see www.deloitte.com/about to learn more about our global network of member firms. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). 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. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. We have put together a schedule for your first week. Is this easy for employees? Im confident you will come to share my enthusiasm for this decision. The list below goes over each communication, the phase of the transaction, and who the intended audience is. Were excited to have you join our awesome team. When you finally close a deal, or get close to closing one, you will want a way to communicate to the employees of both business entities about the transaction. 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. Employee Welcome Letter Template. As a result of this reserve, we can become more cost competitive and continue to bring innovative products to our customers. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! 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. Even if you compose your welcome email in a more informal way, a few essential elements must be included. Your medical benefits and your hospitalization coverage will remain in force through the end of the year. Dear All Concerned, We are in the process of acquiring a company. 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. 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. Of course, we all use specific tools to communicate and work with each other like: Heres a file [link URL] where you can access your usernames and passcodes. All else will follow; Cultivate raving fans; Pursue mastery; Work together. 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. She has decades of experience writing about human resources. Tuesday, February 21, 2012] [NAME, COMPANY AND ADDRESS, ex. MEMO. 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 . There should also be a copy of this for external use sent out to the press. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . 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. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. Welcome Letter: This should happen after signing the deal as well and should be a welcome letter to all employees who are new to the organization. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Dear All, I need your help. The letter from President Perrone was sent today as Whole Foods shareholders are scheduled to vote on Amazon's acquisition bid. The only visible change evident immediately will be. On a general note, instead of using a lot of I and We, try You.. Company Acquisition and Employees. A huge reason for this is a lack of communication and alignment between all involved parties. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead Communicate the company's core values. You most likely have a distinct culture, employee etiquette, and so on. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Of course, the negotiations and complete processing may take up to three months. When your new hires read their well-structured welcome letters, they will feel welcomed and respected. Start their journey off right. Start your letter by welcoming the employee to the company and team. New Employee Welcome Letter (Text Version) Date. Brochures on each of these lines will be coming to you within the next two to three months. Bob Travolta. Employees will understandably be concerned, and their concerns aren't . Freeman Inc. is a fine company, a company with values and people similar to our own. Tango together; Be 1000% you. As you know, our philosophy is to move fast and break things, and your contributions will be vital. How to Welcome a New Employee to the Team. Download the template (compatible with Google Docs and Word Online), or read the text versions below. With these elements,new employeeswill feel a personal connection to the company on theirfirst day, and will start off with a great employee experience. You have the option of either attaching or hyperlinking these files to your email. Featured image by Brett Jordan on Unsplash. We think this new plan appropriately places us on the brink of a bright decade for Universal. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. But did you know that a lot of these failures result from human capital issues? It just takes a word or two to convey enthusiasm. I-9 FORM: In preparation for your first day you need to electronically complete the Federal I-9 form in our HireRight I-9 system. Announcement of Acquisition. 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. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. 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. Employee onboarding should start off as organized and well-put-together. Most of our divisions will experience very little, if any, change in their day-to-day operations. ), 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. It's still fine to move forward, right? Company Name or Letterhead Address City, State Zip. We have every confidence you will finally agree this decision was the only sensible one in light of todays economy. 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. You were selected for employment due to the attributes that you displayed that match the qualities I look for in a great employee. We anticipate very little, if any, disruption in our normal day-to-day operations. Lets move on to our 10 new employee welcome letter templates. And that is just one issue to worry about! Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. 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