What is an EVP?
An employee value proposition is the set of benefits offered to employees in return for their skills, experience and qualities brought to their position. An employee value proposition is the set of benefits offered to employees in return for their skills, experience and qualities brought to their position.
How to create a winning EVP
Career: Promotion, Education, Training, Coaching
Benefits: Company Discounts, Healthcare, Remote Working
Culture: Mission, Values, Atmosphere, Teamwork
Compensation: Incentives, Pay Reviews, Bonus Schemes, Benefits
Why do employers need a great EVP?
- Attract top talent
- Retain staff
- Reduce hiring costs
- Employee engagement
- Strengthen company culture