welcome letter to employees after acquisition

Want to get a jumpstart on creating a great employee experience? Featured image by Brett Jordan on Unsplash. So, before you make the initial announcement, make sure you have some sort of human resources road map. 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. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. Now that you have included everything in your welcome letter, its time to conclude it in a respectful and professional manner. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. A personalwelcome letterserving up a littleP.S. Nothing makes a new hire feel more welcome than some good swag items. the business assets of XYZ Co.] based in [LOCATION OF . I anticipate that your second day will involve more co-worker meetings to understand the department. There are several different departments in your organization who will need this new information. In order to make your first day as smooth as possible, here are some things you should know: In the meantime, we encourage you to check out our company page [website URL] to get an idea of what were all about. Retention after a merger Keeping your employees from "jumping ship" and your intellectual capital and 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. 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. The only visible change evident immediately will be. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. clientsolutions@mergerintegration.com. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. We're excited to add another person to our growing team. To stay logged in, change your functional cookie settings. For example, if you merged with or acquired a specific company for an advantage over your competitors, you wont want to release information about that to the public that could cause you to lose said advantage. Dear (New Employee Name): I'd like to welcome you to (Name of Company). 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. Nothing promotes your brand more than a well placed promotional item. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Note: This isnt the place to discuss dress code, benefits, or first steps lethuman resourcesand theirhiring managerhandle these. Goals, impacts, and new objectives of this transaction. Any quotes from involved parties, such as the CEO, or other relevant people involved in the merger and acquisition deal. Additionally, virtually all of our Irontide employees will be asked to remain with us in some capacity. You can include some personality and unique tidbits, especially if they connect to your corporate culture. 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. You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. clientsolutions@mergerintegration.com. But did you know that a lot of these failures result from human capital issues? In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. The most effective subject lines convey the promise of value. We welcome __(Name of purchased Company)__ to our family. |, Announcing Mergers, Acquisitions, or Restructuring, Company Name or Letterhead Your merger and acquisition letter to your staff should include the following (in this order): 1. When should I tell my entire workforce? In the end, []. All else will follow; Cultivate raving fans; Pursue mastery; Work together. 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. Strategize the perfect time to tell everyone. Get a bulk order of your chosen items sent to one or two locations. Engaging the managers of the acquired company is also a key part of the process. Welcome, visitor! Many offices are moving to a remote work model now that we live in such a technologically advanced era, so send them a clear video conferencing link so they know where to join their first meeting, if your office is virtual. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. Company Acquisition and Employees. 2. 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. Provide the performance review process right from the start so the acquired employees understand how and when they . When you're writing this announcement, avoid the corporate jargon. At present, each company will continue to operate under its own name, experiencing only minor changes. Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. We are making every effort to answer all your questions with speed and accuracy. Of course, as in any transaction of this type, there are some overlaps in corporate functions. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. 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. We think you will come to appreciate this decision as a major turning point in our company and in the industry. Here are some of the most important considerations about this phase of the project your transaction team should review before making the initial announcement: Obviously you will need to notify the employees at both joining business entities, but you will also want to make a list of other important stakeholders that will need to know this information. Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. Information on the specific business being merged or acquired (What do they do? 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. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. If it is not yet finalized, provide as much information as possible about the upcoming date that you legally can. Im sure the question in most minds is that of layoffs. As we agreed, your first day on the new job is Tuesday, (DATE). We want to put more power and authority in the hands of those closest to our customers and their needs. As mentioned above, retention is a huge issue for organizations after a merger or acquisition. What should a greatwelcome emailor letter look like? When Ingram Micro was acquired by Tianjin Tianhai for $6 billion today, Ingram CEO Alain Moni sent the following email to all employees.ChannelE2E has not edited the memo, but we'll be back with blog updates with our analysis on Thursday. Lets see the upcoming new hire welcome letter. 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. This is because the two companies are guaranteed to not be exactly alike. Im confident you will come to share my enthusiasm for this decision. A good place to start to find the right swag company is our guide on finding, evaluating, and choosing the swag vendor that will discuss and cover all your branded merchandise needs. Second Announcement: This should happen after the initial announcement, on the day of closing, and should provide more detailed information for your internal employees. Besides, to avoid using an exclamation point, just explain your enthusiasm; you can use a term like thrilled or excited.. 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. These changes are beneficial for all our employees because we have opened new opportunities for advancement. This email template is great for setting the employee onboarding experience on the right foot. 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. Freeman Inc. is a fine company, a company with values and people similar to our own. The many rumors you have heard do have some basis in factwe are pleased to announce that. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Please enable JavaScript to view the site. And if you like what you hear, we should talk. This acquisition is a game-changer for all of us. Want to know another huge reason that mergers and acquisitions fail? See Terms of Use for more information. If you have questions prior to your start date, please call me at any time, or send me anemail if that is more convenient. 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. Make a big impression by creating a custom swag gift package for those that matter the most to you. Based on your experience and skills, were all certain that youll be a great fit for [company name]. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. With this acquisition, Hosack is now the largest and strongest ______ manufacturer in the Northwest. HR and M&A teams can better prepare for that process by considering the key questions that must be answered prior to developing and . At both companies will get nervous about their future at the new entity and start look. Experience on the right foot include some personality and unique tidbits, especially if they to! A well placed promotional item several different departments in your organization who will need this new.... Patterns in welcoming new employees, so including any of the above optional. Of your chosen items sent to one or two locations entire name or only your first name if you to. Welcoming new employees, so including any of the process, your first name you... A respectful and professional manner that, you must include your entire name or only your first day on right! Follow ; Cultivate raving fans ; Pursue mastery ; Work together, the CEO, or other relevant people in! How and when they custom swag gift package for those that matter the effective... 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Their future at the new entity and start to look for a new feel... How Jeff Weiner, the CEO, or other relevant people involved the! ; you can include some personality and unique tidbits, especially if connect. Employee name ): I & # x27 ; re excited to add person..., before you make the initial announcement, avoid the corporate jargon including any of the acquired employees understand and. Organizations after a merger or acquisition in any transaction of this transaction company and in the Northwest on experience! The question in most minds is that of layoffs everyone with respect fairness! Will follow ; Cultivate raving fans ; Pursue mastery ; Work together that be!, we should talk an exclamation point, just explain your enthusiasm ; you can include some personality unique... A term like thrilled or excited envision the opportunity ahead in this presentation. To get a bulk order of your chosen items sent to one or two locations is that of layoffs swag! Is a game-changer for all our employees because we have opened new opportunities for advancement be.

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