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. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '6cb35dcb-497b-4607-a5a5-1a308ab0ae9e', {"useNewLoader":"true","region":"na1"}); This letter will be sent out to all of your impacted stakeholders that arent your investors, employees, or the press. This can be done by simply listing the main idea or information to include in each paragraph. Use our easy template: Welcome to [Company Name]! 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. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. We love you on their start date reminds them theyre appreciated in their new role. ), 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. Your merger and acquisition letter to your staff should include the following (in this order): 1. Because of this, your transaction team will want to partner with both companys human resources departments to ensure that you have a plan to retain important employees. But the most effective and commonly used retention tool after a merger or acquisition is a retention bonus. When you announce your company merger or acquisition, there are several things to consider. (This applies to boxes shipped immediately after production and not boxes sent from storage.). For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. 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. Your close contact with the customer will offer the insights we need to take advantage of our leadership position. Step #2: Show enthusiasm. Register 2 months in advance and save $1,000. The above sample is a classic, yet you can add your own personal touch to it. They are generally emailed to the new employee by the employee's manager. She has decades of experience writing about human resources. As mentioned during the interviews, while your new position reports to me, I'd like to welcome you to the (Name of Department) on behalf of all of the staff. 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. During transactions, employees are looking for assurance and clarity, especially regarding their role, compensation, and benefits. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. I have been learning about LinkedIn [] We can answer few other questions at this time because all decisions regarding _____ are still pending. 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. Keep up the good work. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Please rest assured your jobs will in no way be affected. In addition, this sample includes a very warm tone that helps anyone feel like theyre already a member of the team. 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). I simply want to tell you how pleased I am about this merger. As I've said in meetings before, this kind of thing doesn't just happen. We think this new plan appropriately places us on the brink of a bright decade for Universal. If you have questions, please feel free to email or call me. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Dallas, Texas 75206 You may begin using your new company email address [email address] by visiting this link [URL link] and entering your password: [password]. I want to emphasize that relatively few of our divisions and few of our employees will be affected by this decision. If the deal is finalized, provide the date at which is was finalized. You will attend an HR orientation about benefits and complete the new employee paperwork. [DATE, ex. Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. As you can imagine, this decision to establish a restructuring reserve has been given thorough and deliberate consideration by the companys management. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Share the company's values and mission statement. If you have any questions regarding new hires onboarding or you need any related advice, dont hesitate to get in touch with us. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. Im so excited to have you join the team. Announce the merger. We have a fine companya company with people who have the highest values and interest for their colleagues. However, this will be external facing, so you will want to take some care in how your announcement comes off to the public. We look forward to increased profitability for all concerned. 8150 North Central Expressway Moreover, if a hiring manager wants to keep things brief in regards to the companys history, directing the new hire to a website or link is quite useful. 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. But did you know that a lot of these failures result from human capital issues? This could include compensation, vacation time, benefits, organizational design, etc. Brochures on each of these lines will be coming to you within the next two to three months. Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. Of course, as in any transaction of this type, there are some overlaps in corporate functions. All Ingram Micro Global Associates: We are now a $5.0 billion company with an expanded product offering, a strong manufacturing footprint and significantly improved earnings. If you have any questions whatsoever, dont hesitate to contact me or any of your fellow team members. We will continue to update you with details of this decision as soon as we ourselves learn of further plans. 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. The details of that agreement are described in the accompanying press release. We welcome __(Name of purchased Company)__ to our family. Nobody knows everything; a culture of openness and continual learning is a tenet of successful businesses. It lets your employees know what is happening in the bigger scheme of the organization, which creates a transparency that instills trust. You can include some personality and unique tidbits, especially if they connect to your corporate culture. How to Welcome a New Employee to the Team. A welcome letter sent to new employees also delivers a warm greeting and includes crucial information regarding their first day at their new job. US orders ship from Pittsburgh, PA. Company Values & Leadership. 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. Create an outline for your letter so that you include all the necessary information for the new employee. 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. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. The only visible change evident immediately will be. Again, congratulations on thenew job. She is experienced in all aspects of the job you need to learn. We also expect all benefits to remain as they now are. Initial Announcement: The purpose of this is to announce the deal, and it will be sent out to investors and internally to employees. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. If theyre coming by train or bus, let them know where they may park and the nearest stations. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. As you have questions about job openings, benefits, or insurance coverage, please direct them through the normal channels. Want to know another huge reason that mergers and acquisitions fail? I know we've had some interactions in the interview process, but I'm excited to get to know you better. "A warm and enthusiastic welcome to you, [name]. This trust creates buy-in for the event which in turn will help push it over the finish line to be successful. 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. We are beginning this Capital H Series Human Capital DealMakers to highlight Deloittes point of view on topics covered during those conversations. We plan to make decisions regarding job redundancies in the next 90 days. This is another component to our CORI process that is required by all new hires before they start. 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. So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. The murky economic waters of the job you need to fill out for purposes of employment status paycheck. 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