Make new hires 'sticky' - Deepstash
What Is Opportunity Cost

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The impact of opportunity cost on personal and professional life

Evaluating the benefits and drawbacks of different choices

Understanding the concept of opportunity cost

What Is Opportunity Cost

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Make new hires 'sticky'

Consider how to connect with the newest employees in your organisation to make them feel part of the culture and the team.

Start with the cultural conversation.

  • Tell them what collaboration means and create opportunities for new hires to share and discuss work with longer-term employees. 
  • Assign each new hire a mentor and make mentoring part of that person's job.
  • Encourage teams to come into the office on the same days.
  • Help new hires understand where they fit into the organisation.
  • Be honest about the tradeoffs of in-office and remote work.

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Customers can be the rallying cry

  • The customer is the best reason for collaboration. Working together cross-functionally can provide the opportunity to solve a problem for a particular customer.
  • Invite employees to join in solving a problem they didn't cause. Completing tasks togethe...

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Collaboration ≠ compromise

In the collaborative culture, the purpose of conducting meetings is for open and honest dialogue.

Every person in the organisation will impact cultural collaboration as they commit to listening and actively considering all points of view.

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Give culture a voice

Be deliberate in creating a collaborative culture. Give it the same priority as the elevator pitch. Find input from other CEOs, mentors, and employees.

Make the words that describe the company culture a mantra and use it with every audience - employees, customers, investors, and the public....

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Use expanded models of engagement

People build connections by doing things together. Employees that are engaged are excited, enthusiastic, and involved in the success and direction of the company. 

The hybrid work norms depend on new models of engagement. For example, investing in faster in...

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Anticipate speed-bumps

Collaborative cultures succeed when each employee has some opportunity to do what they do best and work with other teams toward common goals.

Over the last 18 months, many employees dealt with the added challenges of schooling and childcare. Friction may exist among co-work...

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Developing a collaborative culture

Developing a collaborative culture

Over the last 18 months, companies have wrestled with extraordinary change and disruption. One challenge is employees that want to work in a hybrid environment. Deloitte reported that 68 percent of executives surveyed are implementing a combination of physical workspaces and remote work. ...

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Put extra effort into onboarding

Remote workers won’t have the opportunity to be involved in spontaneous conversations or team lunches, but there are other things you can do to help them settle:

  • provide info with new job critical stuff: team member introductions (personal bios, photos, advice for new employees)...

An Experiment That Awakened Millions

An Experiment That Awakened Millions

When work shifted to remote settings for many employers in early 2020 due to the pandemic, companies assumed the situation would be temporary. However, as months stretched into years, much of the working population found that they enjoyed working remotely, at least part of the time.

68% of...

How hybrid teams can build bonds

  • Mentorship weeks and in-person onboarding. Extend new remote team members the opportunity to meet their office peers by flying them out to headquarters for onboarding. It builds personal relationships early on that ease collaboration.
  • Get office colleagues ...

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