Employee Value Proposition

vaishuraji 1,336 views 16 slides Oct 10, 2023
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About This Presentation

A brief introduction on EVP and its best practices.

Easy to understand, explained with components, essentials of EVP, how is EVP different from Employer Branding, importance of EVP, how to develop EVP, best practices are covered. Ideal for a 15-20 mins presentation.


Slide Content

What the company wants? What does the employees want? What that the competitor doesn’t offer?

What the company wants? What does the employees want? What that the competitor doesn’t offer? Employee Value Proposition Makes us Unique Expectations Our Purpose

Employee Value Proposition An EVP is a statement that summarizes what your company offers its employees in return for their work. It should be clear, concise, and unique, and it should communicate the value that your company can provide to potential and current employees. I t defines employer brand positioning and strategic direction all at once. Employer Value Proposition (EVP) is a set of collective elements that employees within your company think of as an employer . The EVP is the emotional connection between employer and employee, it’s what motivates them, gets them out of bed in the morning and makes them feel part of the organization.

Employee Value Proposition In simple, what your employees value in you as an employer An EVP is a statement that summarizes what your company offers its employees in return for their work. It should be clear, concise, and unique, and it should communicate the value that your company can provide to potential and current employees. I t defines employer brand positioning and strategic direction all at once. Employer Value Proposition (EVP) is a set of collective elements that employees within your company think of as an employer . The EVP is the emotional connection between employer and employee, it’s what motivates them, gets them out of bed in the morning and makes them feel part of the organization.

In simple, what your employees value in you as an employer How does it help? Attract top talent Improve employee engagement and retention Reduce turnover costs Boost productivity and performance Strengthen your employer brand

Employer Brand How is it different from EVP? Employer Brand Employee Value Proposition ? Employer Brand The perception and lived experiences of what it’s like to work for a particular organization. Employer Conveys Employee Value Proposition The essence of your uniqueness and defines how you’d like to be perceived as an employer Employee Conveys

Employee Value Proposition Components – What employees would talk about / express Compensation and benefits This includes salary, bonuses, health insurance, paid time off, and other financial and non-financial benefits. Opportunities for growth and development This includes opportunities for employees to learn new skills, take on new challenges, and advance their careers Work-life balance This includes flexible work arrangements, support for family and personal obligations, and a healthy work environment. Culture and values This includes the company's overall culture, values, and mission.

Mapping EVP Components to a Statement At Byju's , we believe in creating a learning world where children can fall in love with learning. We offer our employees competitive salaries and benefits, as well as the opportunity to work on innovative and challenging projects. We are also committed to creating a workplace where everyone feels welcome, respected, and supported.

Mapping EVP Components to a Statement At Byju's , we believe in creating a learning world where children can fall in love with learning . We offer our employees competitive salaries and benefits , as well as the opportunity to work on innovative and challenging projects. We are also committed to creating a workplace where everyone feels welcome, respected, and supported . Company Purpose Brand Positioning Comp & Ben Growth Opportunity Culture Work Life Balance

Some Examples of popular & successful EVP

Some Examples of popular & successful EVP Santen Europe - Eye health pharmaceutical company

How to develop an EVP?

How to develop an EVP? A strong EVP is essential for attracting and retaining top talent . By developing and communicating a clear and concise EVP, we can set our company apart from the competitors and build a strong employer brand .

Few more examples of EVP Statement "At Google, you'll work on cutting-edge technology with the best and brightest minds in the world. You'll also have the opportunity to make a real impact on the world and enjoy a generous benefits package .“ "At Microsoft, we're on a mission to empower every person and every organization on the planet to achieve more . We believe in the power of technology to make the world a better place , and we're committed to creating a workplace where everyone feels welcome, respected, and supported." "At Amazon, we're always looking for talented and passionate people to join us in our mission to be the Earth's most customer-centric company . We offer our employees competitive salaries and benefits , as well as the opportunity to work on innovative and challenging projects."

Indian & IT examples of EVP Statement "At TCS, we believe that our people are our greatest asset. We offer our employees competitive salaries and benefits , as well as the opportunity to work on cutting-edge technology projects. We are also committed to creating a workplace where everyone feels welcome , respected, and supported." "At Infosys, we believe that our employees are the key to our success . We offer our employees a variety of opportunities for growth and development, as well as a collaborative and supportive work environment. We are also committed to diversity and inclusion , and we offer a variety of employee resource groups to support our employees." "At HUL, we believe in creating a sustainable future for our business, our people, and our planet. We offer our employees competitive salaries and benefits , as well as the opportunity to work on innovative and challenging projects . We are also committed to creating a workplace where everyone feels welcome , respected, and supported."

Q&A