Professional Documents
Culture Documents
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
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
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
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.
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.
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.
• 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.
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
• 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.
• Bringing together
and engaging 2,300
employees working
numerous shift patterns
under one brand.
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.
23 | Conclusion