Building an Employee Value Proposition 6-step process & proposed plan Joe Vansyckle State-wide...
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Transcript of Building an Employee Value Proposition 6-step process & proposed plan Joe Vansyckle State-wide...
Building an Employee Value Proposition
6-step process & proposed plan
Joe VansyckleState-wide Employer of Choice Team9/2/2015
What the Aussies have to say about the employee brand and EVP
**you will need to be in presenter mode to enable this hyperlink.
EVP five categories of attributes
Rewards
Compensation
Health
&
RetirementBenefits
&
Vacation
Work
Job-interest alignment
Location
Work-life balance
And others
Organization
Market position
Product and/or
Services
Social Responsibility
And others
Opportunity
Future Career
Opportunities
Development Opportunitie
s
Organization Growth rate
People
Manager quality
Coworker quality
Sr. Leadership reputation
Camaraderie
Why should Washington State invest in an employee value proposition?
2010 Corporate Executive Board Company study….
• The Employment Value Proposition (EVP) drives attraction and commitment in the labor market.
• Constructing and delivering an effective employment value proposition allows an organization to source more deeply within the labor market by increasing access to passive candidates.*
• When candidates in the labor market view an organization’s EVP as attractive, they demand less of a compensation premium when deciding to join.*
• Organizations with the most effective EVP delivery have 30-40% of employees displaying high level of commitment comparted to less than 10% of employees in less effective organizations.*
• *2010 Corporate Executive Board Company
A strategic EVP can also help us:
•Reach passive candidates•Re-inspire our workforce•Resonate with niche candidates•Reduce competition based on
compensation•Refine our recruiting objectives
6-steps to build an EVP
Step 1Assess
Step 2Researc
h
Step 3Discuss
Step 6Review
Step 5Execute
Step 4Build
Telling your Story via Social MediaSamples**you will need to be in presenter mode to enable these hyperlinks.Private
Starbucks Starbucks (inspirational) Harley Davidson Adidas Apple TwitterWorking at Microsoft YouTube ChannelMicrosoft a Day in the Life (from YouTube Channel)
Public
Working at The Ohio State University LibrariesWorking for OSUWorking at the State Archives (NC)Careers at the US Dept of State: James
Posters/Graphics Sample
Where to begin?
Sample Project Plan Timeline
Next steps
•Identify Team Members•Assign Team Roles & Responsibilities
▫Executive Sponsor (2)▫Project Manager/Lead, TBD▫Convener, TBD▫Change Manager, TBD▫Team Member’s
Jeremy Satre, Courtney Dutra, Melissa Wildeman
•Kickoff planning meeting – Mid October