Article 02 : Attract the best with a Great Employee Value Proposition (EVP) and an EVP relationship through employer branding.
There should be a motive to choose an organization where top talents can join and contribute their unique skills, experience, goodwill, and commitment to the company’s growth. The Employee Value Proposition (EVP) represents the balance of rewards and benefits employees receive in exchange for their performance at work.
An employee value proposition
(EVP) is a comprehensive set of benefits that a company offers to its staff
members, benefiting both parties. EVP would provide a dynamic and cooperative
work environment, an opportunity for professional growth, a full range of
bonuses and incentives, promotions, and a positive work culture where team
members feel appreciated and encouraged. Rounak and Misra (2020) stated that
the Employee Value Proposition (EVP) evaluates how employees see the
organization's cultural, work, inspiring, developmental, environmental, and
economic values. The higher the score, the better the offer. These principles
include more than simply financial gains and incentives; they also cover the
whole relationship between an employee and their employer. Numerous academics
have examined the idea of employee value proposition to determine its numerous
EVPs
Source: (Next Technology
Professionals, 2022)
Connection between Employer Branding & Employee Value Proposition
Source : (Googleapis.com, 2025)
Employer branding enables an
organization to retain existing employees and attract new talent to the
company. However, to maintain a positive image and reputation, a firm must
possess qualities that other businesses often lack. Employee value propositions
refer to the specific characteristics that set them apart from other firms. The
Employee Value Proposition (EVP) is a strategy implemented by an organization
to attract and retain top talent. Companies utilize EVP to attract employees
who want to stay with the firm and to motivate potential employees to apply and
join. (Yossy Eka Pradita, Setyanti and
Mufidah, 2024)
Employer branding is essential,
as it embodies an organization's core values, aiding in the attraction and
retention of top talent. A robust employer brand not only encourages informal
growth but also enhances customer service, thereby maximizing the value derived
from an organization's resources. Employee Value Propositions (EVPs) serve as
key instruments for organizations to articulate their values and attract
talent, driving business growth. EVPs represent strategies that provide employees
with equitable rewards and benefits tied to their performance in the workplace.
They arise from organizational activities and practices, emphasizing the
unique, engaging, and exceptional nature of the work environment. (Pawar, 2016)
Examples of the connection between Employer Branding and Employee Value Proposition (EVP) in Sri Lanka and globally:
Sri Lanka:
1. John
Keells Holdings (JKH)
o Employer
Branding: JKH is a well-established organization with a strong corporate
culture and a Commitment to developing leadership skills initiatives. (www.linkedin.com, n.d.)
o EVP
Elements: Provides career advancement opportunities, training programs, and
wellness initiatives to attract and retain talent.
2. MAS
Holdings
o Employer
Branding: MAS Holdings positions itself as an innovative and sustainable
leader in the apparel industry. (Borneman, 2022)
o EVP
Elements: emphasizes employee empowerment, sustainability, and inclusivity
in the workplace.
3. Dialog
Axiata
o Employer
Branding: Dialog recognized as one of the best workplaces in Sri Lanka. (Dialog Axiata PLC, 2020)
o EVP
Elements: Offers cutting-edge technology, career growth opportunities, and
work-life balance programs.
Global Examples:
1. Google
o Employer
Branding: Promoted as a leading, innovative, and employee-focused
workplace. (Nevins, 2024)
o EVP
Elements: Offers high salaries, creative freedom, wellness programs, and
flexible work options.
2. Unilever
o Employer
Branding: Emphasizes sustainability, innovation, and leadership
development. (Unilever, 2023)
o EVP
Elements: Provides leadership training, purpose-driven work, and diverse
career growth opportunities.
3. Airbnb
o Employer
Branding: Promotes flexibility and global reach collaboration. (Anon, n.d.)
o EVP Elements: Introduced the "Live and Work Anywhere" policy to attract remote workers.
· Key Elements of a Strong Employee Value Proposition (EVP) and Their Impact on Talent Retention
·
Leadership |
Employees derive personal benefits from the relationship they have
with their leader. |
Rewards |
Employees derive personal benefits, including satisfaction and
comfort, from the company when it provides superior rewards in both tangible
and intangible forms. |
Performance Evaluation |
Employees derive personal benefits from performance evaluations that are
conducted fairly, based on individual or team performance. |
Company |
Employees gain personal benefits from the way other people outside
the company admire the company and its reputation |
Jobs |
Employees gain personal benefits in the form of satisfaction and
comfort from the company when the company provides interesting work, job
design and job rotation that suit the employee's desires, abilities, and
skills. |
Reference List
- Anon, (n.d.). Workations In Action: Airbnb’s Live and Work Anywhere Policy. [online] Available at: https://www.linkedin.com/pulse/workations-action-deep-dive-airbnb-wfa-policy-john-lee-njaff
- Borneman, J. (2022). EDANA FiltrexTM. [online] Textileworld.com. Available at: https://www.textileworld.com/textile-world/knitting-apparel/2022/02/mas-holdings-announces-company-wide-sustainability-strategy-plan-for-change/?utm_source=chatgpt.com [Accessed 22 Mar. 2025].
- Dialog Axiata PLC. (2020). Dialog Business Services Certified as a ‘Great Workplace’. [online] Available at: https://www.dialog.lk/news/Dialog-Business-Services-Certified-as-a-Great-Workplace?language=ta&utm_source=chatgpt.com [Accessed 22 Mar. 2025].
- Nevins, A. (2024). Google’s Company Culture: Unveiling Organizational Values - Culture Partners. [online] Culture Partners. Available at: https://culturepartners.com/insights/googles-company-culture-unveiling-organizational-values/?utm_source=chatgpt.com.
- Next Technology Professionals (2022). EVP (Employee Value Proposition) - what is it and what are its benefits? [online] Next Technology. Available at: https://nexttechnology.io/evp-employee-value-proposition-what-is-it-and-what-are-its-benefits/
- Pawar, A. (2016). Leveraging the Employer Brand Strategy with Employee Value Proposition. [online] Available at: https://www.researchgate.net/publication/339956153_Leveraging_the_Employer_Brand_Strategy_with_Employee_Value_Proposit
- Rounak, S. and Misra, R.K. (2020). Employee value proposition: an analysis of organizational factors – the way to enhance value perception. Development and Learning in Organizations: An International Journal, 34(6). doi:https://doi.org/10.1108/dlo-09-2019-0216.
- Unilever (2023). Careers. [online] Unilever global company website. Available at: https://www.unilever.com/careers/.
- www.linkedin.com. (n.d.). Talent Management at John Keells Holdings PLC. [online] Available at: https://www.linkedin.com/pulse/talent-management-john-keells-holdings-plc-shameel-hassimdeen-6nnpf/.
- Yossy Eka Pradita, Setyanti, H. and Mufidah, A. (2024). The Influence of Employer Branding and Employee Value Proposition on Employee Retention with Employee Engagement as Mediation. International journal of scientific research and management, 12(05), pp.6449–6463. doi:https://doi.org/10.18535/ijsrm/v12i05.em15.
Employer branding is crucial as it reflects an organization’s core values, helping attract and retain top talent as you have stated in your article. Employee Value Propositions (EVPs) are key in conveying these values, offering employees fair rewards and benefits based on their performance. EVPs emerge from organizational practices, highlighting the unique and exceptional qualities of the work environment as you have stated! Well demonstrated article!
ReplyDeleteInsightful breakdown of Employee Value Proposition (EVP). It's clear that a strong EVP goes beyond financial benefits, fostering a supportive and growth-oriented environment for employees. Rounak and Misra's perspective on evaluating organizational values adds depth to the concept, emphasizing the importance of aligning cultural and developmental aspects. A well crafted EVP..!
ReplyDeleteHi Anya,
ReplyDeleteThis is an interesting article that helped me to learn about EVP and how it is linked to employer branding. I totally agree with you that having both EVP and employer branding in an effective manner, organizations will be able to attract top talented employees very easily.