Employee Value Proposition

In this section we are going to discuss the importance of having a clear employee value proposition, when building and nurturing high performing hybrid teams. 

An Employee Value Proposition (or EVP) describes the unique set of benefits that an employee receives in return for the skills, capabilities, and experience they bring to a company. It provides a clear message about what to expect from working at an organisation, and helps to attract the best talent.

There are several key elements that contribute to making an EVP. These attributes, when combined, will contribute to how your organization is perceived as an employer by both existing employees and job candidates. These elements include purpose, well-being, promotion opportunities, fair pay and additional benefits.

Employers should have a great MVP for a number of reasons, as a mechanism for attracting top talent, reducing employee attrition rates, and lowering recruitment costs.

Flexible work arrangements are now a key part of a company‚Äôs employee value proposition, so there needs to be a clear EVP that defines the role that an office plays, and any expectations a company might have regarding employee attendance.

Further Reading

Check out the guide from insync below, for more advice on creating a compelling Employee Value Proposition.

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