Performance Management

About the Role

Employee engagement is a critical business imperative in today’s environment of increased competition, economic uncertainty, and the quest for business sustainability. Studies show that employee engagement and commitment to their employer directly correlate with retention, productivity, and core business value.

The Employment Value Proposition (EVP) is the set of attributes that the labor market and current employees perceive as the value they gain through employment at an organization. A well-thought-out and executed EVP can:

• Improve the commitment of new hires by up to 29%
• Reduce new hire compensation premiums by up to 20%
• Increase the likelihood of employees acting as advocates from an average of 24% to 47%
• Ensure much greater commitment in new hires—up to 38%
• Sustain commitment: After 12 months, 31% of new hires maintain high commitment in organizations with strong EVP delivery, compared to just 3% in organizations with poor delivery
• Allow organizations to source more deeply within the labor market, increasing access to passive candidates

The Talent Hub assists organizations in defining and segmenting their EVP, ensuring HR processes and policies support its implementation. The EVP is also central to a successful employer brand, which must reflect the organization’s identity and be integrated into every aspect of the employee experience.