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Your Guide to Creating

a World-Class Employee
Value Proposition
Seven valuable ideas to stand out as an
employer of choice in today’s world
Table of Contents

3 Introduction

4 Understanding the Foundations of an Employee Value Proposition

8 Growing Culture and EVP Alignment

12 Seven Benefits to Boost Employee Engagement

15 Three EVP Stories to Inspire

23 Conclusion
Introduction
Hi, This is especially important in tricky financial No matter what your budget is, there are steps
market conditions, where employers must you can take today to help improve your EVP.
Ah, the “EVP.” Better known as the Employee put their best foot forward to provide a Similar to snowflakes, no two EVPs look the
Value Proposition, it encompasses all the top employee experience for their people same. Hopefully this eBook helps inspire your
parts of the employee experience that make outside of their standard salary. own EVP at your organisation, helping you to
your organisation unique. Your EVP helps you align your business goals with your people to
There are several ways to improve your EVP
stand out from the competition and defines stand out out as an attractive place to work.
to make it one that fits your staff, your values
what makes your organisation a desirable Done correctly, you’ll also wind up being the
and your budget. In this eBook, you’ll learn:
place to work. A constantly evolving EVP company where everyone wants to stay, too.
also keeps your best people where you want • The ins and outs of what an EVP is.
Robert Hicks
them: Right beside you in your organisation.
• How a strong EVP can help you to attract, Group HR Director
There are so many ways to boost your EVP, you engage and retain the best talent. robert.hicks@rewardgateway.com
may be wondering where to start — is it salary,
• How to link your EVP to your company
is it benefits, is it something else? We’re here
culture and overall engagement strategy.
to help you sort through the options. If, like
many, an annual pay rise isn’t something your • Engaging benefits that can help you
business can afford, there are plenty of budget stand out as a great place to work.
friendly initiatives to put in place to improve your
• Real-life stories of how organisations
EVP, and bring in and retain the best talent.
have revolutionised their own EVPs.

3 | Introduction
Understanding the
Foundations of an
Employee Value
Proposition

4 | Understanding the Foundations of an Employee Value Proposition


What does a strong elements that go into your EVP. This Why do I need
could include how you communicate to
EVP look like? an EVP?
your employees, which perks and benefits
Do you know why people work at your you offer or how you show appreciation Now that we’ve uncovered what a strong
organisation? What’s special about for your workforce. Remember, your EVP is, let’s determine why it’s important
your company? If you’re having trouble EVP is constantly evolving and as your to your overall business objectives. Why
answering these questions, learning company grows and matures, so should would candidates choose to work (and stay)
more about what an EVP is will help your EVP. It’s something that you (and at your organisation over others? Similarly,
you uncover what makes your business your Leadership Team) should regularly your EVP will also help you attract the right
stand out amongst the competition. evaluate, question and if, needed, adapt. kind of talent for your business, as it will help
People are at the heart of any strong EVP people in their decision-making process, too.
because it combines every aspect of the In today’s highly competitive and
employee experience. It excites, motivates unpredictable market, businesses like yours
and engages your new starters, veterans and are likely looking at ways to keep costs
everyone in between to come to work each down overall. It’s more important than ever
day and give it their all. And it’s a no brainer Ask yourself, what do you want to find perks and benefits that can stretch
that happier, more engaged employees from your people, and what will your employees’ disposable income and
make stronger, more profitable businesses. you give them in return? make you stand out as an amazing employer.
As you may already know, EVPs go beyond Further, organisations not only have to
just competitive salaries. When attracting meet employees’ expectations, but also
and retaining talent, there are many different continue to innovate in order to maintain
their status of being a top place to work.

5 | Understanding the Foundations of an Employee Value Proposition


When you think of your How do I start There are several steps to take, but a few
tactics we’ve used in the past include:
EVP it should be: building my EVP?
After the “what” and the “why,” it’s time
Unique Surveying existing employees.
for the “how.” How do you begin tackling
your EVP? The first thing to do is take a
Interviewing exiting
Relevant step back and truly look at the big picture
employees.
of what you want to accomplish with
Compelling your EVP. Do your research to help you
Focus groups.
understand what will move the needle in
Put simply: Your EVP is your competitive exciting and engaging with your workforce,
Surveying candidates who
advantage. There is no other organisation as well as understand what’s out there
rejected your job offer.
that’s exactly like yours. By strengthening to compete with in the first place.
your EVP and overall employee experience, Examine the data to uncover what past Monitoring employer-review
you can create an engaged, aligned and current employees value, so you sites like Glassdoor.
and motivated workforce. Empower can continue reaching new starters and
employees to progress in your organisation veterans with your EVP. Determine what Evaluating your own
by making sure they feel valued and motivates your highest performers and internal employer brand.
understand the company’s direction. most engaged employees so you can
When you evolve your EVP, you evolve expand that across your entire workforce.
engagement at your organisation.

6 | Understanding the Foundations of an Employee Value Proposition


Once you’ve collected your data, gather information about
your employees’ wishes and desires to bring forward better
alignment. While innovative benefits are one key differentiator
for your EVP — and we’ll dive into examples of those engaging
benefits soon — it’s important to understand the changing
landscape of employee motivators and align your people with
your company’s mission, purpose and values to boost your
EVP even further. By considering your EVP and engagement
hand-in-hand, you can influence positive change across your
organisation. Next, we’ll explore a few ways to do just that.

7 | Understanding the Foundations of an Employee Value Proposition


Growing Culture
and EVP Alignment

8 | Growing Culture and EVP Alignment


In order for employers to boost their EVP of communication — to name a few. These are the pieces that you invest
and continue to attract, retain and engage time and resources in to improve the
Aligning your EVP strategy with your
employees, it’s critical to listen to their connection between prospective and
employee engagement strategy can help
employees to match their expectations and current employees and your organisation.
create a more engaged workforce. Not
create understanding of an organisation’s
surprisingly, organisations want to engage So where to start?
purpose through a variety of ways. By
their people for three key reasons:
enhancing your EVP to connect employer
and employees, ultimately, you increase 1. Engaged employees make better
and improve employee engagement. decisions for their companies and
clients because they understand more.
As you build your EVP, it’s important
to understand its link to employee 2. Engaged employees are more
engagement, and how this can positively productive because they like
impact your company culture (and your or love what they’re doing.
company’s bottom line). While pay is still a
3. Engaged employees innovate
key component in any job, employees are
more because they deeply want
now motivated by the entire experience
their organisation to succeed.
an organisation provides. Consider the
pieces you put into your organisation While you can build an engaged workforce
and the investments you make in your by investing in your EVP, your company
people — unique perks and benefits, culture is not something you can control,
employee recognition, chosen styles rather one that you can help influence.

9 | Growing Culture and EVP Alignment


As always, we like to start
Building people with your EVP
with “Why.”
One piece of the EVP that’s important to keep
Why does your organisation exist, and how
in mind is the job design and professional
can you motivate employees to join your
development opportunities that you offer.
cause, through recruitment, engagement
In keeping with our values, I believe in being
or other means? Employees are motivated
honest, so here’s what part of our EVP says:
when they’re working for a shared purpose,
but they can only get excited about that “Your job will be fun, challenging, always different,
purpose when they know what it is. Makes Think of your mission as the ever-changing, frustrating, fast-paced, innovative,
sense, right? When employers effectively “what,” purpose as the “why” and if we are honest probably the one that will
communicate their purpose, mission and values as the “how.” stretch you the most that you have had.”
and values to employees, employees will
To reinforce this, we often align our job
feel more connected to an organisation
descriptions and onboarding with our values. For
because they understand and believe in the
more on this, check out rg.co/valuesinrecruiting
direction the company is going in. This is
critical to your EVP — it’s what makes your
organisation unique.

10 | Growing Culture and EVP Alignment


Working towards one goal with a open and honest communication, with
clearly stated purpose, mission and Leadership Team members setting Beyond the benefits
values empowers your workforce to an example for their employees by
be more engaged and they’ll want sharing weekly company updates? When you think about an EVP, benefits likely

to show up to work every day. come to mind, and you’re not wrong. But beyond
Many decisions that are made, such as how benefits, building your EVP through key ways to
to recognise, pay and show appreciation show appreciation for your employees can make
Companies can connect their workforce
for your workforce are shaped by your all the difference in a candidate’s decision (or even
by living and breathing their purpose,
“why.” My advice? Consider your purpose, a would-be leaver). We like to show appreciation
mission and values in everything they do.
mission and values at the heart of every for our employees through recognition, which
decision you make. This could be something keeps employees motivated far beyond day one.
This becomes all the more important
as simple as extending parental leave
in building trust between employees When you put a spotlight on individual (or
more so than the average (we give up
and employer, such as explaining the team) impact, employees are more likely to
to a year in paid time off for the primary
“why” behind a tough business decision. put in effort at work. When you connect the
caregiver, for example), linking to our value
Making decisions on how and where to recognition to something as empowering as
of “Be Human,” where we understand that
communicate with employees is a key your company’s values, it further builds the
“everyone has a career and a personal life
part of an organisation’s EVP and, in turn, connections between employee and employer. By
to juggle,” which can include a new baby.
your company culture — think of it this embedding these behaviours, you can create a
way, does your company employ a CEO These kinds of offerings, which I like to call culture of continuous recognition through simple
who your employees never see or hear your “People Deal” is what builds your gestures such as saying “thank you” more often.
from, and stays mum about company EVP and creates your company culture.
hardships, or does your company embrace

11 | Growing Culture and EVP Alignment


Seven Benefits to
Boost Your EVP

12 | Seven Benefits to Boost Your EVP


The first step when determining your benefits is simple: Below are seven suggestions for benefits to boost employee
Align your benefits with your core company values. Keep in engagement. Remember, this list is infinite – use your imagination
mind that the right kinds of benefits help increase employee and creativity!
satisfaction and engagement. These benefits are your
cultural differentiator and strengthen your EVP. They can 1. Employee share programme
be a top consideration when candidates decide whether to Working towards a shared purpose can be an investment in
join your organisation or join one of your competitor’s. an employee’s professional growth, but also their financial
health, too. At Reward Gateway, our employees own 5%
The sky’s the limit when determining new benefits, only of the business, so when we profit, they do, too.
slightly restricted by your imagination and your budget.

2. Mentor programme/ learning


It’s important to note that while some benefits may be amazing,
that doesn’t mean they’re right for your business. It’s about finding and development
the “right fit” for your company and your employees. This means Professional development is essential for growth. Allow
challenging yourself and your leadership team to develop benefits employees access to learning and development programmes
principles which align with all aspects of your business, including or start a new mentorship programme at your company.
your culture, values, business goals and (of course!) your people.
3. Days off for volunteering
Volunteering is a great way for employers to show
employees they care about their interests. Allowing
days off for volunteering encourages employees to get
involved with their local community or charities.

13 | Seven Benefits to Boost Your EVP


4. Team socials and events
Have some fun attending different events or hosting a social, where you focus on team- Employee benefits with Reward Gateway
building activities or challenges and let employees showcase their problem-solving skills.
Our employee discounts programme and salary
sacrifice benefits can help employees stretch
5. Game night
their disposable income, while helping employers
Everybody loves a good game night, right? Easily transform your office space into an show their appreciation for their people. There
entertainment space for the night, or bring the team out to the local pub for trivia. are over 900 online and in-store discounts to
choose from, allowing employees to save on
6. Celebrate milestones their supermarket shopping, DIY goods, travel
When employees experience milestone moments, such as buying a new home or having a and clothing. Our salary sacrifice benefits
baby, come together as a group and celebrate together to recognise these special moments. include Cycle to Work, Childcare Vouchers
and SmartTech™ – which gives employees
7. Healthy office snacks instant access to free financing on over 5,000

Keep your office kitchen stocked with fruit and vegetables to fuel your workforce technology products from Currys PC World.

throughout the day. Even start the week off with free smoothies for breakfast!

Those are just seven of endless creative benefits to enhance your EVP. But let’s take a look
at real-life examples from three Reward Gateway clients who truly stand out amongst the
competition.

14 | Seven Benefits to Boost Your EVP


Three EVP Stories
to Inspire

15 | Three EVP Stories to Inspire


These three examples of strong EVPs are all different. And they
should be, since they’re particular to the organisations which
created them.

But the one thing they all have in common is how they show
their appreciation for their employees, help them stretch their
disposable income and how they communicate to their workforce.

All three of these organisations use Reward Gateway’s employee


engagement platform. With the help of an Implementation Team
and a dedicated Client Success Manager, these organisations
extend their employer brands to their engagement platforms
through end-to-end customisation. These hubs can include benefits
like discounts, plus communications and recognition, which help
them stand out as an attractive place to work and connect to their
people, no matter how long employees have been at the company.

If you’re looking for real-life EVP stories to inspire your own


EVP, look no further. We’ll explain each company’s main
challenge, the approach, how each company uses its employee
engagement platform and the results. I encourage you to use Our clients customise their employee engagement platforms in a variety of ways, whether to promote

these examples as a guideline for creating your own EVP. company news, host benefits or show appreciation to their people. We even use our own, called boom! in
our day-to-day lives.

16 | Three EVP Stories to Inspire


The platform:
Challenges:

• Ensuring all
Oliver Bonas is a popular online communications
and in-store retailer in the UK. Its reflected Oliver Bonas’
main challenge, as with many other brand and culture.
companies in the retail industry,
was internally communicating • Creating an engaging
to an offline workforce – either and creative
working in-store or in warehouses. communications strategy.
Meaning, there was a big gap to
fill in employee communications. • Increasing traffic and
uptake of benefits
and discounts from
all team members.

• Reviewing what was


currently being offered to
ensure competitiveness.

17 | Three EVP Stories to Inspire


Once the team clearly outlined create buzz company-wide. created clever competitions
Results:
the challenges and made sure With curiosity reaching an all- through the new engagement

20%
they were related to the overall time peak, each store received hub created by Reward Gateway,
business strategy and employee specially-designed launch boxes and participating team members
experience, it was time to full of food, personalised letters, could win exclusive prizes. increase in team members
surveyed agreeing they
determine the approach, or the posters and an interactive understand and engage with
how. Let’s think of the approach in “flapper” leaflet which displayed Oliver Bonas continues to use its benefits offering – only
three time periods – before, during different images and messages its new customised employee six weeks after launch.

and after. Not only is it important when folded in different ways. engagement platform to host
to create buzz before and during all of their benefits, including
the launch of their new employee During this wave of excitement employee discounts. The 78%
engagement platform, but it’s and celebration surrounding employees also use their hub of team members are
equally important afterwards so the launch boxes, managers as a recognition tool to send now active users with a
noted increase from its
people stay connected to the new conveyed key information about eCards and Service Awards, offline demographic.
offering and don’t forget about it. the company’s new employee as well as for updates on
engagement platform. The launch Learning and Development
To kick off its engaging and prompted employees to register and wellbeing. Oliver Bonas 65%
creative communications strategy, for this new offering on their lunch keeps the offering going by increase in traffic to the
Oliver Bonas built momentum breaks or while at home, making interchanging and updating offering and a 44% increase
pre-launch with a series of sure communications were content regularly to freshen in savings made through
employee discounts.
custom-designed posters and accessible to all team members. up the design and imagery
emails to boost curiosity and After the launch, the team

18 | Three EVP Stories to Inspire


The platform:
Challenges:

• Increasing employee
engagement with its
GO Outdoors is the UK’s largest retailer of outdoor predominantly part-
equipment. Similarly to Oliver Bonas’ retail industry time, offline workforce of
challenge, GO Outdoors has a largely offline 2,400 employees across
workforce. Remember when we said no two EVPs 62 locations in the UK.
are the same? Even though Oliver Bonas’ and
GO Outdoors’ challenges are comparable, the • Adopting an all
approaches to improving EVPs are entirely different. inclusive recognition
and e-learning tool
After running an employee engagement that was easy to
survey, GO Outdoors found that almost all of use and accessible
its employees felt that working at GO wasn’t to all employees.
rewarding enough – which was highlighted
further by a high staff turnover rate. Some of • Offering employees
the biggest gaps centered around accessibility innovative benefits and
of employee development tools, keeping the discounts to stretch their
workforce up-to-date with company news disposable income.
and recognising people for their efforts.

19 | Three EVP Stories to Inspire


The team began spreading mouth promotion from brand
awareness to employees about ambassadors, store managers Results:
the new employee engagement and leadership team members
After 12 months,
platform – which encompassed who had early access. As an
discounts, benefits, recognition incentive for spreading the word, 87%
and communication – by the added bonus money went increase of participation
attaching a flyer with key to their discounts account. in its engagement survey
and engagement score has
messages about the launch increased.
to each payslip. In order to Employee development was a
reach various employees, the key objective for GO Outdoors
team placed a secret desk
drop of save the date cards on
with this new platform. To
integrate its e-learning offering
£200,000
spent through employee
everyone’s desks and placed and to make the platform discounts with staff saving
posters, table toppers and accessible to employees £20,000 overall.
leaflets in key areas of stores. from home, the team used
Reward Gateway’s single sign-
During the launch of the new on capabilities. They were Each person is saving
around
offering, GO’s team used also able to add peer-to-
social media to create a teaser peer recognition with eCards, 10%
campaign with GIFs, videos, allowing any employee to send each time they use the
banners and competitions. a personalised “Thank you” to offering.

There was an added word of a colleague from any location.

20 | Three EVP Stories to Inspire


The platform:
Challenges:

• Bringing together
and engaging 2,300
employees working
numerous shift patterns
under one brand.

• Finding a new tool to


Over the past 40 years, Edwardian Hotels has built help with consistent
its business on the ideals of individuality, passion communications and
and professionalism. When the team assessed its alignment throughout
current offering, they found that their HR systems 12 different locations.
actually didn’t symbolise what Edwardian stands for.
They didn’t showcase Edwardian Hotels’ true beliefs • Offering innovative
or reach the masses of the company’s diverse benefits or discounts to
employee base, thus leading to employee turnover. help employees stretch
their disposable income.

21 | Three EVP Stories to Inspire


With a multinational and to keep things consistent and By offering new benefits and
multi-generational workforce, extend the employer brand. discounts, Edwardian Hotels Results:
Edwardian Hotels needed to Working together allowed immersed its people into one
Employee registrations on
bring all individuals together them to create a turbocharged brand and created alignment new engagement platform
under a new brand for a strategy for the upcoming across the multi-generational rose from 36% to
cultural shift. Next on the list?
A search for a one-stop-shop
year and this new strategy
established three core values
and multi-cultural workforce.
48%
employee engagement hub to connect its people: The
Spend increased by
to immerse its people in the mind of a leader, the spirit of a
brand and the core beliefs. warrior and the heart of a host. £71,000
compared to February
To start their approach, the This new employee engagement of the previous year.

HR team partnered with the hub, called My Edwardian,

20%
marketing team who had put helped the company build an
together external branding. This internal brand for the first time
would help tie it to their new and would set the foundation for decrease in projected
employee turnover.
employee engagement hub the entire employee experience.

As I’ve noted before, it’s important to acknowledge that there’s no one-size-fits-all approach for creating your EVP. There are many
factors that go into determining what will work for your company, but hopefully these three stories have helped inspire you to get
started where you are.

22 | Three EVP Stories to Inspire


Conclusion
Now that we’ve come to the end of our eBook, I hope If you’re interested in learning more about Reward Our employee engagement
you’ve received some starting points on how to boost Gateway’s employee engagement solutions to solutions are powered by a
your EVP and improve employee engagement among attract, retain and engage your people, please get centralised hub tailored to your
all areas of your business. In order to stand out as an in touch. We’d love to help you boost your EVP. organisation bringing employee
attractive place to work to future and current employees, For more advice on benefits initiatives and how to benefits, discounts, reward
companies should focus on their differentiators and improve your EVP, you can always find me on the and recognition and employee
what sets them apart – like benefits, communications, Reward Gateway blog of engagement experts. communications into one place.
recognition, mission, purpose and values.
Here’s to creating stronger EVPs, If you’re interested in learning
Find your own unique EVP by focussing on what’s about any of Reward Gateway’s
important to your particular business and people. Your employee engagement solutions
EVP doesn’t have to be perfect, you just have to start to help attract, engage and
making strides towards building a competitive advantage Robert Hicks
retain your people, we’d love
and increasing engagement at your organisation. Group HR Director
to help you get started.
robert.hicks@rewardgateway.com
By implementing engaging benefits which align Get in touch:
with your mission, purpose and values and shining T: +44 20 7229 0349
a spotlight on individual achievements, you’ll be E: info@rewardgateway.com
well on your way to building a world-class EVP.

23 | Conclusion

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