We hold similar values and philosophies on do- ing business: producing an excellent job for the client, an emphasis on honesty and integrity, and the importance of bringing a positive attitude to work. Exactly who that is depends on the specifics of each company. If your employees hear the news from a source other than you, they will wonder why you didn’t tell them first, increasing their paranoia. Decide on the right method. __ (Name of Organization)__ is pleased to announce today, the acquisition of __ (Name of purchased Company)__, a company __ (operating out of …location/specializing in…./etc. In case any of you are wondering, I’m not going anywhere. If you send your cover letter as an accessory, you could send it as either a PDF data or Word document. As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve Ballmer sent a letter to Microsoft employees … You can see how Jeff Weiner, the CEO of LinkedIn, and I envision the opportunity ahead in this public presentation. I have been learning about LinkedIn […] If you're working search or return to entry using e-mail, the impression any kind of employer will have is from your cover letter. This deal brings together the world’s leading professional cloud with the world’s leading professional network. It gives them a sense of having an upper-hand, yet, the fears of mergers cannot be neglected. Share past memories and allow employees to take part to say goodbye before moving on. In the case of any major company change or upheaval, it’s an engagement gap that can’t be avoided, and is much more pronounced when employees are directly affected by the fallout. I love what I do, working with all of you, shipping incredible … This merger will start an exciting next chapter for all Ingram Micro stakeholders, including our vendor and customer partners and you, our associates. Company Merger Letter To Employees For Your Needs. Key Elements of Company Merger Success . That goes without claiming.". Acknowledge pride. In most situations where the employees or managers are not purchasing the company, they will need to be informed in the subtlest way possible after the buyer signs the sales agreement. If an employee asks you about a rumor that the company is for sale, neither confirm nor deny the rumor, but never lie. Their first response naturally revolves around whether or not they're likely to keep their job, but it can also include concern about what new responsibilities might be added to their position: whether they'll be reporting to a new boss, how their benefits will change, etc. In fact, HNA Group has assured us that very few Ingram Micro positions will be impacted by this merger. It is useful for organizations undergoing a name change to notify their employees and spread the word. Convey your … With this business merger, we will also join efforts to bring you the positive aspects of both newspapers. An instance: "Bilingual CPA seeks account manager setting.". Date. People care about where they work. Some email packages instantly do word cover for you, so your cover letter does not get here in pieces. Recognizing your employees’ work will make them feel good about themselves and motivate them for future work. Also, don't include attachments unless they are requested. Consist of all the info in your signature line you would certainly have on your calling card, including general delivery address, telephone number and also email address. First of all, I'd like to thank you for your cooperation and hard work. The disclosure to the outside world that a company is for sale — in other words, a candidate for a merger or an acquisition — can be a devastating bit of news. Do not react to an advertisement for a copywriter when you're actually a visuals designer, states Diana Qasabian, ability supervisor at Syndicatebleu. Address how the merger will affect employees directly. Merger announcement letters are addressed to your existing customers to encourage continued repeat business, introduce the new brand, emphasize customer benefits, state the company mission and explain any potential changes. If you are a business owner and you are planning to sell your company, then you need to inform staff, i.e., your managers and employees about the intended sale. And also keep in mind, your email software application's spell-checker will not capture grammar blunders. They can also access all the presentations, playbooks, books, articles, checklists, software, assessments, webinars, research, tools, and templates on MergerIntegration.com. As I’ve said in meetings before, this kind of thing doesn’t just happen. Communicating large changes effectively, such as a merger or an acquisition, is important to maintain good relationships with your clients. The news that a company is for sale can cause key people to begin looking for work elsewhere. Example letters to announce an office or store closing to employees. A solid cover letter needs a just as impressive resume in order for working with managers to stay up and take notification. Company Merger Letter To Employees Source: itlever.files.wordpress.com. "The subject line needs to be clear as well as particular to the job you're searching for." Acknowledge employees’ feelings as some may feel a genuine sense of loss. Be sensitive to the time it may take for employees to accept change post merger. Constellation Energy Group Inc. CEO Mayo A. Shattuck III sent the following letter to employees Thursday on the proposed merger between the … Case in point, Aon Hewitt found that the top drivers of engagement within an organization shift considerably during mergers and acquisitions, reflecting the changing priorities of employees: Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. Staggering the release of the business sale news is acceptable. Employees Hired on or before Nov. 6, 1986 Employees hired on or before Nov. 6, 1986, who are continuing in their employment and have a reasonable expectation of employment at all times, are exempt from completing Form I-9. A merger or acquisition will create numerous questions in the minds of stakeholders. These eight tips will certainly help you craft a far better email cover letter. As the company announced the shocking news that it's to buy Nokia's devices and services division, outgoing Microsoft CEO Steve Ballmer sent a letter to Microsoft employees … Mergers and acquisitions are an exciting time for any organization. Staying human during these times could be the difference between failure and success. As the claiming goes, you don't obtain a 2nd opportunity to make a very first impression. Don't allow this demand derail you. This sample letter is a format to announce the change in the name of the company following a merger or an acquisition. Company Merger Letter To Employees Source: www.mergerintegration.com Company Merger Letter To Employees Source: 0.academia-photos.com Company Merger Letter To Employees Source: www.feiengineers.com Company Merger Letter To Employees Source: lh3.googleusercontent.com The filing also included a copy of the company's press release which had been distributed the previous day: Celebrate your accomplishments and history. I would like to assure you that it is business as usual at Ingram Micro and very little, if anything, is expected to change as a result of this merger. Be brief and straightforward and avoid adding irrelevant details. Competitors may pounce and try to steal customers by implying that the sale may impact product quality or through some other scare tactic. Lay out the reasons for the merger or acquisition, how it will benefit the company and what the future holds for employees, including job … Treat the confidentiality clause in the confidentiality agreement very seriously. This immediately alerts existing customers to the nature of the transition … Constellation Energy Group Inc. CEO Mayo A. Shattuck III sent the following letter to employees Thursday on the proposed merger between the … Heinz Chairman, President and CEO Bill Johnson issued a letter to employees this morning after news broke that the company agreed to be acquired by Berkshire Hathaway and 3G Capital. They are generally emailed to the new employee by the employee's manager. A welcome letter is a great way to make a new employee feel more comfortable before they even start work. In the case of any major company change or upheaval, it’s an engagement gap that can’t be avoided, and is much more pronounced when employees are directly affected by the fallout. To each one of you, I wish to send my personal thanks and appreciation for the hard work you have put into this company over the years. State the purpose of the letter. "Hook the reader in the initial paragraph by selling him or her your capabilities," she states. US Airways and American Airlines made their merger official this morning, publicly confirming that the airlines plan to combine. In a recent merger, the communications team and the integration-management office (IMO) reviewed a checklist of all possible merger milestones and quickly identified the most relevant ones. The following gives you some insight into this important topic. When composing an official or service letter, presentation design and layout is crucial to making an excellent first impression. Following the merger announcement this morning, the US Airways CEO Doug Parker sent out a letter to his employees outlining the merger with American, and we’ve pasted it in full below: Company Merger Letter To Employees For Your Needs, Cam Reconciliation Letter Template For Your Needs, Letter Of Recommendation Writing Collection, Letter Of Recommendation From Professor Collection, Marriage Fitness Apology Letter Collection, Template For Fundraising Letter For Your Needs, Sample Letter For Vacation Leave For Your Needs, Acknowledgement Letter For Receiving Money For Your Needs, Cover Letter For Recent College Graduate With No Experience Collection, Proper Format For Business Letter Collection, Thank You Letter After Getting The Job Database, Online Application Cover Letter Collection. Heinz Chairman, President and CEO Bill Johnson issued a letter to employees this morning after news broke that the company agreed to be acquired by Berkshire Hathaway and 3G Capital. Addressee Address City, State Zip. All letters to employees must be addressed with the proper names of the recipients. This document will add a measure of security to both parties. Read how to prepare your communication letter … Dear Current Subscriber: The Daily Stratford and Stratford Press have merged to form The Daily Stratford Press. A substantial focus was placed on organizational announcements, for instance the top-level structure and leadership appointments—the areas that most concerned employees. Mergers and acquisitions: How to keep employees from leaving. Tips for Writing Employee Emails and Letters . When creating an official or company letter, presentation style as well as style is vital making a great very first impression. Founder and CEO of Vincent Industries. We look for specifics in e-mail cover letters, which means skills as well as capacities," she adds. The business letter can be e-mailed or circulated by hand among employees … A sure way to scuttle a potential deal is for Buyer to talk about it with people who aren’t part of the process. Employees of the merging or acquiring company, however, have an edge over those working for the acquired company as they may be rewarded with increase in remuneration and better job position. Thoroughly spell-check and also proofread your email letter. ... that the combination of our two companies represents a uniquely attractive opportunity to your management team and employees. If employees find out that their employer is for sale, they may get twitchy and nervous. Exactly what you write in the subject line can determine whether your letter gets read, according to Lydia Ramsey, business decorum specialist as well as author of Good manners That Sell. September message to employees from John Cryan. Our brand, strategy, purpose and values remain unchanged. Financial disclosure is very important, and people in the accounting department can usually figure out when something is going on — they’re suddenly inundated with very unusual and exacting requests for financial data! The timing of such an internal announcement often depends on your situation and whether you’re doing the buying or the selling. From: Mr. Williams. For this and many other reasons, news of a potential business sale should be a very closely guarded secret known to only a select few until the time is right to make the announcement. Company Name or Letterhead Address City, State Zip. Companies combine to cut costs, get access to really good people or products, or to reduce competition by 'eating' a competitor (this can be illegal). But if your message is intended for all employees in general, you can address your letter as "To all employees". We have compiled lists from our M&A integration consulting projects of the most common questions asked by: Employees; Customers; Vendors/Suppliers; Community; Media; Common Employee Questions. A change in the ownership or management of a company may result in a significant change in the working conditions of employees. Situations like Carol's are becoming more common for employees as the number of mergers and acquisitions continues to increase. Make certain your cover letter includes these three things. If you're emailing a return to, your cover letter will certainly deliver the impression. It takes hard work and really is something special. Whatever the reason for your writing, the letter must be formal and professional. Integrating two companies is tough, and I recognize that many of you have put in significant additional effort to help the two companies begin operating as one. Some people - including me - don't believe in mergers: whenever two companies combine, one is always taking the other one over, in effect. Company Name or Letterhead Address City, State Zip. What and When to Tell Employees about a Merger or Acquisition. On a personal note, I love working with all of you. Sub: Business proposal for a merger. Thus, I would expect them to keep as many employees as possible doing the same outstanding work they have done so far. Mergers and acquisitions are an exciting time for any organization. As soon as your cover letter is polished as well as ready to go, transform your focus to your return to. When deciding whether to send a physical letter or an email, think carefully about the situation. "Bear in mind, your email address does not always immediately show up on the receiver's e-mail program," Ramsey says. PRITCHETT Merger Integration Certification Workshop Attendees, and Paid Website Subscribers can access this resource. Michael Dell recently released a letter to his company’s 100,000-plus employees, urging them to keep calm, continue business as usual, and take media speculation with a grain of salt. This is why appreciation letter to employees are so important! Write your letter as the body of the e-mail and also include a salutation (make use of the receiver's actual name if you know it) and a standard closing. Timing is Key. Addressee Address City, State Zip. Close the letter by warmly inviting the recipient to respond or to take the necessary action. This letter will help you inform both your current and soon to be account holders of the upcoming merge and what to expect. Instead, tell her that the owners are exploring some options, including bringing in investors to help take the company to the next level. The letter should come from the new top manager of the merged organization or be written as a jointly-issued communication from the CEOs of the merging companies. Here is the full … Think about it: How much harm can come from your competitors finding out that your company is so successful that you’re exploring making acquisitions? During the due diligence process of a merger, the acquiring company must consider employees' reactions when deciding to what extent and how to continue the seller's benefit programs, because integrating employees is an important consideration during a merger. If you tell the employee that the company is not for sale and then the company makes a sale announcement two months later, that employee will feel betrayed and her trust will be broken. What and When to Tell Employees about a Merger or…, Mergers & Acquisitions For Dummies Cheat Sheet, Mergers and Acquisitions (M&A) Online Resources, Keys to Successfully Completing an M&A Deal. In an annual survey of 10,000 U.S. workers, the Kenexa Research Institute found that workers lose confidence in the future of their company following a merger, which causes some employees to quit. The suitable line size is 40 personalities. Treatment of employees. You will receive … These simple letters serve to welcome your new employee to your organization and give them any relevant information for a smooth start. Merger announcements make employees cringe because layoffs usually follow company mergers. Seen through an employee's eyes, the company acquisition process can be an upsetting experience. But they can also be stressful when you have to figure out how to write a letter to announce said merger or acquisition to your clients.. Often, when companies go through a merger or acquisition, the employees feel insecure about the future of their employment. Copied! By anticipating their concerns in advance, you’ll be better prepared to address them. Due to the fact that numerous companies utilize applicant tracking systems (ATSes) to locate as well as evaluate prospects, skill-oriented key words will boost your opportunity at being found, an employer at a big innovation firm states. Sign the letter and provide your contact details. "It may be the limited work market, but we've been receiving increasingly more letters replying to a specific work from candidates that are not at all received it," she says. " Business Letter. Below's whatever you need to know to write a letter that really markets your abilities. Employee recognition or employee appreciation is crucial in building strong team relationships and health company culture. We have worked together for the last 15 years and there has been various ups and down which the two companies have worked together to sail through. To all staff: RE: Acquisition of __ (Name of Company)__. If you write a cover letter in a word-processing program, strip away all formatting as well as save the documents as simple text. After a merger, employees will naturally be concerned about terminations, since the new company won’t need two accounting or human resources departments. 1234, Main Street, Boston, MA 02123. Acknowledge employees’ feelings as some may feel a genuine sense of loss. )__. For this reason, Sellers should tell employees about a potential sale on a strictly need-to-know basis. As a Seller, you do not want to upset your employees before you even know the certain fate of your company, that’s why it is always best to keep your decision to sell confidential until the business has closed. And does this asset align with our core business and overall sense of purpose? If all your friends are tapped out, or perhaps if they typically aren't, test your email cover letter by emailing it to yourself, and also placed on your own in the attitude of an employer when you read it. Do not get adorable. Company Merger Letter To Employees from www.feiengineers.com. This is a merger of two highly compatible firms. Some employees immediately look for new jobs rather than waiting to find out if they'll keep their jobs after a merger. It is also important to wait on telling your employees until the business has closed because it is possible that your business may take longer than you expected to sell, or may not sell at all. Make the merger announcement on new company letterhead or on stationary or an email template that contains both existing company logos. Team, I’m excited to share that today Microsoft announced a deal to acquire LinkedIn. Mergers tend to have a negative impact on how employees view their employers. Timing is critical, with small windows to conduct due diligence and communicate any changes to employees, shareholders and customers.Then there’s the actual work of merging two organizations. Following the merger announcement this morning, the US Airways CEO Doug Parker sent out a letter to his employees outlining the merger with American, and we’ve pasted it in full below: Example 5: Example Letter of Merger & Change of Ownership. John Cryan, Deutsche Bank CEO, ... Do not allow yourself to become distracted by speculation about alleged mergers or sales plans. 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. Discuss in the letter whether or not these two documents are going to be required before the transaction can take place. The ‘fusing’ of two companies often results in the implementation of new policies, procedures and business regulations. Plus, scroll down to see an example cover letter you could use to craft your own. Company Merger Letter To Employees Source: 2.bp.blogspot.com suggestions for better e-mail cover letters If you're emailing a resume, your cover letter will supply the initial impact. Company Name or Letterhead Address City, State Zip. If you tell the employee that the company is not for sale and then the company makes a sale announcement two months later, that employee will feel betrayed and her trust will be broken. Empathy for employee needs breeds the help you need to manage change. During a transition there are always more questions than answers, and I appreciate your ability to stay focused and productive in spite of … Company Merger Letter To Employees Source: itlever.files.wordpress.com Make certain your cover letter includes these three things Lots of jobs ask you to submit a cover letter along with your other application materials, yet also if a cover letter is optional, you could take the opportunity to send out one along. Loose lips sink ships. The news that a company is for sale can cause key people to begin looking for work elsewhere. 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.The majority of mergers and acquisitions end up failing their original objectives. But they can also be stressful when you have to figure out how to write a letter to announce said merger or acquisition to your clients.. Some people - including me - don't believe in mergers: whenever two companies combine, one is always taking the other one over, in effect. This is what makes employees feel insecure about their jobs as they are clueless about how things will turn out inside the ‘combined entity’. The employee must complete Section 1 no later than the first day of employment and the employer or the authorized representative must complete Section 2 within 3 business … Right here's exactly what else you must you take into consideration when crafting an e-mail cover letter. Some firms obstruct all e-mails with attachments to stop infections. I'd also like to thank everyone for their patience. Not everyone needs to learn the news at the same time. If time is of the essence (for example, if you have a family emergency and need to take the day off), email is likely the best choice. Celebrate your … Some pointers for composing a cover letter are common, whether you're e-mailing or snail mailing: Be expert, with proper spelling and also grammar, and also very crucial do use them. Communicating large changes effectively, such as a merger or an acquisition, is important to maintain good relationships with your clients. It also provides resources for additional information about the merger. Companies merge partly because they anticipate creating a stronger business by combining finances … Company Merger Letter To Employees For Your Needs. Date. With this merger, we will deliver near-term, compelling value to stockholders while also gaining the opportunity to accelerate the execution of our long-term strategy to deliver best-in-class solutions to our partners across the global IT ecosystem. The text below was included as an exhibit to an SEC Form 8-K filed by Farmer Bros. on the morning of May 1, 2007, in which it was reported that "[o]n April 30, 2007, the Company held employee meetings and issued a letter describing the acquisition of Coffee Bean Intl, Inc.". If employees find out that their employer is for sale, they may get twitchy and nervous. US Airways and American Airlines made their merger official this morning, publicly confirming that the airlines plan to combine. Dear Mr. Peterson, This letter is to confirm the mutual intent of a merger between the Dye and Patkins Loan Company and Vincent Industries. For this reason, Sellers should tell employees about a potential sale on a strictly need-to-know basis. For example, key executives and managers need to know before lower-level employees. When you're asked to email your job application to a firm, you could either replicate and paste your cover letter right into the body of your email, or you can attach it as a data, in addition to your resume. (Right here are some cover letter examples if you 'd such as to get an aesthetic idea.) The uncertainty resulting from a merger or acquisition can increase stress levels and signal risk to target company employees. Our companies have worked together frequently in the past, and we are longtime personal friends. Lots of jobs ask you to submit a cover letter along with your other application materials, yet also if a cover letter is optional, you … Date. Your Letter to Employees. Here is the full text of the letter … These layouts provide superb instances of ways to structure such a letter, and also consist of example content to work as a … Employers who choose to complete a new Form I-9 may do so before the merger or acquisition takes place as long as the employer has offered the acquired employee a job and the employee has accepted the offer. Although mergers and acquisitions are typically used as an umbrella term to represent two companies … (" Genuinely" or "Warm concerns" work well.) You may also like offer letter templates Termination of acquisition. Case in point, Aon Hewitt found that the top drivers of engagement within an organization shift considerably during mergers and acquisitions, reflecting the changing priorities of employees: Mergers are tricky business. The very first paragraph is vital, according to Ramsey. Employers should review each Form I-9 with the employee and update or reverify the employee’s information, as necessary. This can lead to months of the employees wondering what the future holds or make them inquisitive as to if you may try to sell again later if the deal falls through. An entity to entity merger/acquisition has manifold considerations, movement of employees and their rights being one of the most important aspects. This mindset is also necessary if we want to see ourselves increasingly as a technology company. Addressee Address City, State Zip. Very few companies ever achieve a level of success like we have. Likewise, revealing a sale or impending sale to employees is a delicate, critical matter. Put in the time to learn the business standards for submitting resumes, and follow them. However, mergers may increase job security for employees who aren't laid off. Merger Offer Letter - DMC Stratex Networks Inc. and Western Multiplex Corp. ... would remain constant and will result in Western Multiplex s stockholders owning approximately 28% of the combined company. When you’re selling your company in an M&A transaction. Merger Notice Letter Bank or Credit Union merges are an excellent opportunity to not only grow but to provide more services to your account holders. Before moving on will help you need to manage change take the necessary.... Of new policies, procedures and business regulations documents are going to be clear as as... The fears of mergers can not be neglected team relationships and health culture. Like we have values remain unchanged the situation the news that a company is for sale can cause people. ( s ) will want to see ourselves increasingly as a technology.! Begin looking for work elsewhere this is why appreciation letter to employees is a delicate, critical matter Subscriber the! ( Name of company ) __ it is useful for organizations undergoing a Name change to notify their and! Firms obstruct all e-mails with attachments to stop infections alleged mergers or sales plans to... 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