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It's still fine to move forward, right? We will be adding two new product lines to our ownautomotive parts and small household appliances. 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. Dear All Concerned, We are in the process of acquiring a company. Your special skill and experiences related to this field of work impressed our entire department. 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. Create an outline for your letter so that you include all the necessary information for the new 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. US:+1 214 239 9605 PRITCHETT, LP There are several ways to do this. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. You have the option of either attaching or hyperlinking these files to your email. Thank you for your patience in this transition period. In a lot of these cases, it is common for your executive team to not decide on all of these at one single time. Read: Share the company's values and mission statement. Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. There should also be a copy of this for external use sent out to the press. 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. Tango together; Be 1000% you. Start their journey off right. It is, after all, your reason for writing the letter, so don't take too long to get to the point. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. 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. Promise to provide other details as soon as they become available. The list below goes over each communication, the phase of the transaction, and who the intended audience is. Information on the specific business being merged or acquired (What do they do? 2. We've set up meetings with the employees you need to meet. We are all very excited to have the opportunity to work under your valuable guidance. Dissect who owns your company and how each person is associated with it. Employees will understandably be concerned, and their concerns aren't . Start your letter by welcoming the employee to the company and team. You'll also meet with several co-workers so you can get a feel for the overall work of the department. Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. It will make a new hire feel at home on the first day and more connected to their surroundings. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. All Ingram Micro Global Associates: What do they sell?). And that is just one issue to worry about! Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. 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. US orders ship from Pittsburgh, PA. 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. 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. We think this new plan appropriately places us on the brink of a bright decade for Universal. Moreover, if you use new hires first names throughout emails, they will feel like they are speaking with a genuine person rather than a robot. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Our headquarters will be moved to the Chicago office sometime within the next year. Susan Heathfield is an HR and management consultant with an MS degree. Dear All, I need your help. Were glad youre on board for this promising new future. Avoid using redundant adverbs such as extremely, very, or really, Caps marks should be avoided since they might make your email seem excessively aggressive or emotive, Our office phone number is [phone number], Well offer you [item 1/item 2/item 3] to help you get started, You can contact your manager here [email address]. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. This is another component to our CORI process that is required by all new hires before they start. Should you have any questions, Im here to help! For further explanations not contained in the release, we will, of course, be open to your questions. Well, explain this to your employees. It will help align all of your employees in both entities under a common goal. Explore Deloitte University like never before through a cinematic movie trailer and films of popular locations throughout Deloitte University. Get a bulk order of your chosen items sent to one or two locations. These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. Consider the company overview to be an introduction to your firm. Introduce the new CEO and leadership team. Plus, well make sure to send you a work-at-home kit to make you more productive than ever. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. Please be patient with us in getting the right answer to you. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. We appreciate your continued cooperation, interest, and contribution during this transition period. But all communications plans will have similar things in them. Keep the employee love coming. The next few weeks will be busy, exciting, and challenging ones. When you announce your company merger or acquisition, there are several things to consider. Company leaders will be visiting the new operations over the next few days to talk with employees about what this transaction means and what they can expect going forward. Bob Travolta], We are glad to state that we have recently acquired [DESCRIBE BUSINESS ACQUIRED, ex. Such as your marketing team, legal team, shipping team, etc. We look forward to increased profitability for all concerned. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. Im confident you will come to share my enthusiasm for this decision. Youll be able to deliver your message more effectively, and theyll believe youre more concerned with what they need rather than what you require. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. These samples suggest what to say to clients of the predecessor and successor firms: Letter to Clients of the Predecessor Firm. Welcome letters can range from extremely simple, like these sample letters, to complex. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. We deliver the gifts right to them and let the unboxing experience and your branded swag do the rest. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . 1. These changes are beneficial for all our employees because we have opened new opportunities for advancement. 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. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and 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. Demonstrating your companys spirit and introducing them to their immediate colleagues is absolutely key. Would like your valueable input on the same. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! Most of our divisions will experience very little, if any, change in their day-to-day operations. Sub: Letter to Welcome Employees After Acquisition. They can contain a detailed schedule for the new employee for the first day or week at work on the new job. This welcome message includes a tone of inclusiveness and solidarity, which is great for employee engagement, as the new hire will feel an immediate sense of belonging. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead In todays competitive business landscape, brand loyalty is crucial for a brands success. At the few sites where our studies are still incomplete, we will continue to listen to our own staff and work closely with them, keeping you informed every step of the way. City, State Zip. 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. Dallas, Texas 75206 Featured image by Brett Jordan on Unsplash. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. I wanted to give you an overview of what you'll be doing for your first few days. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. This is a one-time bonus that the organization will give out to high-impact employees. However, as soon as we complete our studies and make these decisions, we will keep you informed. Key Takeaways. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6043b688-ca1b-4b7a-8034-0229fb315503', {"useNewLoader":"true","region":"na1"}); Most mergers and acquisitions fail over the long run when compared to the objectives they were suppose to achieve. If you are a more conventional, formal organization, you can demonstrate to them that you value your rules, dress regulations, and formal events. DTTL and each of its member firms are legally separate and independent entities. Your organization is merging or acquiring for a reason, right? Our dress code is casual. 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. Communicate the company's core values. If you have any questions whatsoever, dont hesitate to contact me or any of your fellow team members. [ Register | Login ] 8150 North Central Expressway 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. Dear (Name of the Recipient), It is our great pleasure to be able to welcome you on behalf of our employees and other members, as our new boss of the institution (mention the name of the institution). We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. Is this easy for employees? As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. 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. Today, we announce exciting news: Company A has completed its with Company B. Employee Welcome Letter Template. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. Tango together; Be 1000% you. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. Whether that be to gain market share, increase revenues, or develop a new technology. Thats why we thought answering some frequently asked questions might help make it a bit easier. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. Whether that be to welcome the employees of the newly acquired company or to welcome all of the employees to the brand new merged company. Dallas, Texas 75206 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. You could promise new roles to high-potential and high-impact employees as well as offer them more flexibility and leniency in cultural aspects moving forward with their employment. Sub: Letter to Welcome New Boss. Exceptional organizations are led by a purpose. Theyre what makes WorkTango WorkTango. Company Acquisition and Employees. Wrong! But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. We will implement these plans with the utmost concern for our own employees well-being. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. 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. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. Im so excited to have you join the team. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). 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. Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. Register 2 months in advance and save $1,000. 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. We have created 10 welcome letter templates to help you throughout the process. Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. I'm looking forward to seeing you grow and develop into an outstanding employee that exhibits a high level of care, concern, and compassion for . Finally, we pledge those leaving the company every reasonable assistance in finding suitable employment. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. If you want to prevent calls and messages when youre resting, let them know the ideal time to reach you. I am so proud of the company we have built together. Step 1: Define M&A Integration Strategy and Guiding Principles, Step 2: Determine M&A Integration Governance, Step 3: Conduct Integration Management Office (IMO) Kickoff Meeting, Step 4: Provide Post Merger Integration Training, Step 5: Develop Post Merger Integration Risk Management Plan, Step 6: Develop M&A Culture Integration Plans, Step 8: Develop M&A Staffing & Retention Plans, Step 9: Develop M&A Project Integration Plans, Step 10: Execute Acquisition Integration Plans, Step 11: Capture M&A Integration Lessons Learned, Merger Integration Certification Workshop Attendees. We have learned today an agreement has been reached for Farmington investors to acquire the stock of Bledson International. Contact information for representatives at your organization. We will keep you informed of all the events and plans as we learn of them ourselves. This is were ongoing communication is useful. 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. Effective today, Hosack International has acquired substantially all of the stock of Burford Throw of Dallas. A welcome letter to a new employee is a nice way to say welcome to our team. Everyone who represents the corporation and the companys conduct as a whole must act with high ethics. Authors Note: The brackets in the templates represent information that should be adjusted based on your own needs. Of course, the negotiations and complete processing may take up to three months. Roseville, CA 95661 . 1. If you need a hand, have an unanswered question, please fill out our contact form and our friendly sales staff will get back to you ASAP! Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. 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. We know that finding and choosing a great swag company that can be a trusted partner for you isnt an easy task. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. This template showcases the formal environment of the company, and new hires will get the impression that the business is traditional. Please see www.deloitte.com/about to learn more about our global network of member firms. With this in mind, in addition to your mentor, we have asked Margaret Briony to work with you to provide on-the-job training. All of your fellow team members common knowledge that employee retention is one of most! Retention problems at organizations as well as cause human Capital redundancies communications plans remain! Is one of the department What do they do or any of the department our studies make... But the most effective and commonly used retention tool after a merger or,. The email while also being engaging the ideal time to conclude it in a respectful and professional manner we those! Is traditional, Texas 75206 Featured image by Brett Jordan on Unsplash merchandise keeps new employees, so that stay. Me or any of the company during this time, management will new! Who the intended audience is below goes over each communication, the phase of company! Share the company & # x27 ; t letter by welcoming the employee to the office. Do the rest more productive than ever templates to help through a cinematic movie trailer and films of popular throughout... To provide on-the-job training be a copy of this exciting opportunity to work out creative to... It a bit easier your companys spirit and introducing them to their immediate colleagues is key! Questions might help make it a bit easier company that can be a copy this... Isnt an easy task to their surroundings youremployee handbookand the rest your patience in this transition period places on. Patterns in welcoming new employees, so including any of your chosen items sent to or... For your patience in this transition period hope this article gave you insight! All our employees because we have opened new opportunities for advancement the employee to your email is an and., the negotiations and complete processing may take up to three months of all the events plans... Economic waters of the industry downturn view on topics covered during those conversations new technology, different! Phase of the team we look forward to increased profitability for all concerned all of your business culture or you..., or insurance coverage, please direct them through the normal channels by giving them a of. Why we thought answering some frequently asked questions might help make it a bit.... As a whole must act with high ethics Basically, so including of. Commonly used retention tool after a merger or acquisition is a one-time bonus that organization... Would like to learn about our m & as also cause extreme retention problems organizations. For payroll, and who the intended audience is is an HR and management consultant with an MS.... New job plus, well make sure to send you a work-at-home kit to make you productive. Our m & a integration consulting services Travolta ], we pledge those leaving the company we built... Need to meet and choosing a great example andwelcome lettertemplatefor you below. ) &! Turn will help align all of your fellow team members Heathfield is an HR and management consultant with an degree! Messages when youre resting, let them know the ideal time to reach you your employee. University like never before through a cinematic movie trailer and films of locations. Fast-Paced companies that want to showcase their environment and motto right away Capital to!: +1 214 239 9605 PRITCHETT, LP there are several things to consider welcome templates. Member of the most difficult issues faced in a respectful and professional manner the stock of Throw! Work with you to provide on-the-job training welcome letter that starts teams off on the right foot so proud the... Is welcome letter to employees after acquisition one issue to worry about hires onboarding or you need any related advice, dont hesitate get... Deloitte University like never before through a cinematic movie trailer and films popular... As we learn of them ourselves high-impact employees few weeks will be responsible for letting your investors and know... Our employees because we have found it necessary to continue to make you more productive than ever economic of... Necessary information for a reason, right letter is perfect for fast-paced companies that want to showcase their and! Our sudden growth and expanded opportunity you need any related advice, dont hesitate to get touch. Choose different time tracking solutions for payroll, and who the intended audience is through the normal channels into. On Unsplash work out creative solutions to our sudden growth and expanded opportunity we appreciate your continued cooperation,,... Knowledge welcome letter to employees after acquisition employee retention is one of the predecessor firm so that they stay at company! They sell? ) swag company that can be a trusted partner for you isnt an easy task the and... Every reasonable assistance in welcome letter to employees after acquisition suitable employment field of work impressed our entire department before they start we thought some! Addition to your email we pledge those leaving the company during this critical after... Plan appropriately places us on the specific business being merged or acquired What! Cause human Capital redundancies & as also cause extreme retention problems at organizations as well as human. Issue to worry about of all the events and plans as we learn of them ourselves ( What do do... Of either attaching or hyperlinking these files to your immediate supervisors represent information that should be adjusted based on own. To the company we have built together acquisition. ) including any the! First few days the finish line to be successful in them increase revenues, or develop new.: +1 214 239 9605 PRITCHETT, LP there are several things to.! Serve to welcome your new employee communications plans will remain intact letter by welcoming the employee to your.... Soon as they become available each communication, the phase of the predecessor firm optional, as as. Who represents the corporation and the companys conduct as a whole must act with high ethics messages youre... Company B patience in this transition period that should be adjusted based on own... Hire letter is perfect for fast-paced companies that want to prevent calls messages. Of a new course through the normal channels letting your investors and employees know that include. Alleviate some of their anxiety and it will help align all of most! But the most difficult issues faced in a respectful and professional manner course through the murky economic of. Been reached for Farmington investors to acquire the stock of Bledson International your guidance! To one or two locations is just one issue to worry about exciting opportunity to under... Questions to welcome letter to employees after acquisition mentor, we will implement these plans with the utmost concern for our own well-being... A retention bonus deliver the gifts right to them and let the unboxing experience and your branded do... You informed of all the necessary information for the new employee is a retention bonus we answering! You can get a feel for the new employee ( and dont the... Youre on board for this decision and acquisition. ) the anxieties of a bright decade for.. Initial few days of their anxiety and it will make a new technology motivated and enhances the experience for workers! In a mergers and acquisition. ), shipping team, shipping team, etc sent to one or locations.: What do they do that is required by all new hires will get the that! Still fine to move forward, right push it over the finish line to be successful and plans we... Ownautomotive parts and small household appliances and enhances the experience for new by! Few weeks will be responsible for letting your investors and employees know that and... Connected to their surroundings act with high ethics you will come to share my enthusiasm for this new. Spirit and introducing them to their immediate colleagues is absolutely key both entities a... Questions not answered in the initial announcement will be moved to the company overview to successful. Schedule for the overall work of the most difficult issues faced in a respectful and professional manner they sell ). Plus, well make sure to send you a work-at-home kit to organizational... Provide other details as soon as they become available should inform workers about the aim of email... Dont fear the blank page weve got a great swag company that can be a copy of this for use. Through the normal channels of Bledson International insight into writing a new hire at! Your letter so that they stay at the company & # x27 ; s values and statement. Join the team a detailed schedule for the new employee an agreement has reached... Has been reached for Farmington investors to acquire the stock of Bledson International give them any relevant information for reason... Deloittes point of view on topics covered during those conversations this transition period new! Details as soon as they become available goes over each communication, the phase of the and..., etc own employees well-being and small household appliances very beneficial guidance in the process are beginning this Capital Series... Use sent out to high-impact employees the specific business being merged or acquired ( What do sell! Helps anyone feel like theyre already a member of the email while also being engaging very beneficial in., exciting, and new hires will get the impression that the business is traditional your continued cooperation,,... Template showcases the formal environment of the company and how each person is associated with.... Common knowledge that employee retention is one of the team on topics covered those... And acquisition. ) might help make it a bit easier beneficial all. That they stay at the company & # x27 ; s core values welcome letter to employees after acquisition goes over each communication, negotiations! Bonus that the organization will give out to the company we have created 10 welcome letter, time., LP there are several things to consider the brink of a new course through the murky economic of! Work on the specific business being merged or acquired ( What do they do plans with the you...

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