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EVP Exercise

The Employee Value Proposition (EVP) summarizes all aspects of an employee's experience at an organization, including compensation, work environment, leadership, and more. To develop an effective EVP, an organization should clearly explain what makes them a better choice than competitors and how they balance employee performance and rewards. An EVP should attract and commit talented employees by addressing why someone would want to work there, and should reflect reality, allow for self-assessment of fit, and ensure consistency across all communications. Developing an EVP involves outlining the employer's mission, success factors, strengths in key areas like work, organization, and rewards, and identifying areas for improvement.

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122 views

EVP Exercise

The Employee Value Proposition (EVP) summarizes all aspects of an employee's experience at an organization, including compensation, work environment, leadership, and more. To develop an effective EVP, an organization should clearly explain what makes them a better choice than competitors and how they balance employee performance and rewards. An EVP should attract and commit talented employees by addressing why someone would want to work there, and should reflect reality, allow for self-assessment of fit, and ensure consistency across all communications. Developing an EVP involves outlining the employer's mission, success factors, strengths in key areas like work, organization, and rewards, and identifying areas for improvement.

Uploaded by

bsinababu1
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Tips for Developing Your Agencys

Employee Value Proposition (EVP)


The Employee Value Proposition (EVP) is a total summary of everything employees experience
and receive (get) while they are part of your organization: everything from inner satisfaction of
the work, to the environment, leadership, colleagues, customers, compensation and more.
Your agencys EVP should clearly state:

what makes your organization the obvious choice over the competition
how the organization balances what an employee receives from their employer in return
for their performance on the job

In recruiting, EVPs are used to market your agency to attract valuable talent. To create your EVP
start with answering the following question, Why would a highly talented person choose to work
here? Your EVP should address two key elements: attraction and commitment.
Elements of an EVP can change depending on an organizations focus, economic trends, or
shortages in workforce. For instance, with an economic downturn the highest ranked attribute
employees will be looking for is organizational stability.
EVPs must observe three factors so it communicates and builds credibility within the prospective
job seeker talent pool. It must:

Reflect reality - an EVP should not be excessively positive or leave out vital negative
aspects.
Enable self-selection - an EVP should enable applicants to self-assess whether they are
a good fit with the organization.
Ensure consistency - the information candidates receive about the organization from
different sources must be consistent (i.e., blogs, newspaper articles, current employees).

An EVP that meets these elements will attract employees who understand and will be committed
to your organization and its mission.
Use the exercise below to help you to build your agencys Employee Value Proposition.

Employee Value Proposition (EVP) Exercise


Employee Value Proposition (EVP): The sum of everything people experience and receive
while they are part of an organizationfrom basic satisfaction of the work to the environment,
leadership, colleagues, customers, compensation and more.
You need a compelling answer to the question: Why would a highly talented person choose
to work here?
To craft a winning EVP, complete the following exercise:
I. Your clients Employer of Choice Mission
To create a workplace where every person who works here . . .

II. Success factors


To be a successful employee in this organization, one must . . .

III. Critical Dimensions


What makes the organization a great place to work in each of the following areas:
The Work

The Organization

Employee Development

Leadership

Lifestyle

Rewards

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IV. Discussion
1. Are the values, systems, policies and behaviors aligned to deliver the EVP?

2. What are the strengths of the EVP?

3. What are the weaknesses of the EVP?

4. What are the most compelling aspects of the EVP?

5. Is the EVP better than that of the talent competitors?

6. What EVP will draw talent from competitors?

7. Which elements of the EVP need to be improved?

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8. What are the action steps?

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