Post - Employee Value Propositions

An employee value proposition (“EVP”) is a unique value an employer offers to their employees in return for their skills, experience and commitment to the Company.

An EVP consists of components such as:

·            Salary;

·            Benefits;

·            Rewards;

·            Career development opportunities; and

·            Work-life balance.

Although a strong EVP can help a Company attract and retain high performing employees, it is important to note that it is most effective for employers to implement this strategy during the recruitment stage.

As the above-mentioned components are more so related to employee wellbeing and satisfaction, incorporating these components within in an EVP, can help a Company attract top talent during the recruitment stage.

Additionally, creating an appealing EVP requires an understanding of employee’s needs and preferences. It is important to note that these needs and preferences should also align with Company values and goals.

For further information or assistance, contact the team today!

HR Business Assist | 1300 138 551 | support@hrbusinessassist.com.au