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AHRI




       LeadershipHQ Copyright 2012
Sonia McDonald
          Director

sonia@leadershiphq.com.au
 www.leadershiphq.com.au

   Mobile: 0424 447 616

   LeadershipHQ Copyright 2012
Employee Value Proposition: A Key
  Tool for Talent Management!
What is a EVP
How to Elicit the EVP
Purpose
Getting your EVP out there
And fun interactive Exercises and
 Take aways!!!!!!!!
A compelling, differentiating promise
     that defines the work experience


It is a measurement of the balance between
what an employee receives from their employer
in return for their performance on the job. In
other words, it is the "get" versus the "give."

EVP has thus been described as "critical to
attracting, retaining and engaging quality
people”.
Attract

  Talent
Advantage


                     Retain


  Critical as EVER
   Create excitement about the
    organisation
   Ensure that the right candidates are
    compelled to:
     Seriously consider
     yourorganisation/position before all
     other opportunities
     Consider your organisation as a
     viable employer
   Understand which components of the
    organisation/position will be attractive
    and compelling to the
    candidate/market
   Market the position/organisation to
    gain maximum impact
   Contribute to employee retention and
    alignment
   Create “extreme” employee value
    propositions that deliver on your
    people’s dreams!
     Great Company
     Great Leaders
     Great Job
     Attractive Compensation (& Rewards)
     High Performance Culture
   Are we offering a differentiated
    promise which will target
    candidates & motivate current
    employees, & it is closely aligned
    to our corporate brand?
   Are we over reliant on salaries &
    missing other more compelling
    attraction & retention benefits?
   Are we investing efficiently using the
    right media approach which targets
    the right candidates?
   Are our employees experiencing the
    promises they were given when they
    joined?




Strategic Talent Management!
   What happens if you EVP is over or under
    stated?
   Consider Value Proposition by:
     Position
     Team
     Business unit
     Organisation


    These can differ from area to area….
   Prepare questions for your
    Managers, other employees
    (focus groups) and other relevant
    sources close
   Understanding your
    competitors/market and what
    they are offering
   Partner with your recruitment
    agency – gain market feedback
   Examine relevant Company information
    (internal & external)
     External Annual Statement, Web site
     Corporate plan
     Internal Position Brief, Satisfaction surveys,
     exit interviews
     Case studies on employees or projects
When considering values there are two distinct types:

   Intangible includes:                    Tangible Includes:
   organisational values                   remuneration
   brand name
                                            learning that can be
   reputation,
                                            quantified
   organisation or industry, leadership
    style                                   Travel
   reputation of existing employees        Conferences
   community contribution                  Memberships of
   lifestyle                               professional
                                            associations,
                                            Career path.
   Brand Toolkit
   People Toolkit
   “Virgin Behaviours”
   “Stars of the Month” and “Employee of
    the Year”
   Recruit Virgin People
   Virgin Unite
   “Forget me Not” seeds
   Suggestion Boxes
   Why would a highly talented
    person choose to work here?
     Mission

     Succuss factors
     Critical Dimensions

     Values
   Deliver WOW through Service
   Embrace and Drive Change
   Create Fun a Little Weirdness
   Be Adventurous, Creative and
    Open Minded
   What was the best mistake you
    made on the job? Why was it the
    best?
   Would you say you are less or
    more creative than the average
    person – give me an example?
   You have 90 seconds to present the
    EVP to the person sitting next to you.


What are you going to say?
   EVP is “a compelling, differentiating
    promise that defines the work experience”
   EVP is made up of tangible and intangible
    components and operates at many levels
   Eliciting the EVP from a number of sources
   Getting your EVP out there – partner with
    Marketing
   Important to reinforce the EVP throughout
    the recruitment process!
   Great Books!

     Winning the Talent Wars by
     Bruce Tulgan

     Delivering Happiness by
     Tony Hsieh CEO Zappos
Sonia McDonald
          Director

sonia@leadershiphq.com.au
 www.leadershiphq.com.au

   Mobile: 0424 447 616

   LeadershipHQ Copyright 2012

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EVP Presentation LeadershipHQ 2012

  • 1. AHRI LeadershipHQ Copyright 2012
  • 2. Sonia McDonald Director sonia@leadershiphq.com.au www.leadershiphq.com.au Mobile: 0424 447 616 LeadershipHQ Copyright 2012
  • 3.
  • 4.
  • 5. Employee Value Proposition: A Key Tool for Talent Management!
  • 6. What is a EVP How to Elicit the EVP Purpose Getting your EVP out there And fun interactive Exercises and Take aways!!!!!!!!
  • 7. A compelling, differentiating promise that defines the work experience It is a measurement of the balance between what an employee receives from their employer in return for their performance on the job. In other words, it is the "get" versus the "give." EVP has thus been described as "critical to attracting, retaining and engaging quality people”.
  • 8. Attract Talent Advantage Retain Critical as EVER
  • 9. Create excitement about the organisation  Ensure that the right candidates are compelled to:  Seriously consider yourorganisation/position before all other opportunities  Consider your organisation as a viable employer
  • 10. Understand which components of the organisation/position will be attractive and compelling to the candidate/market  Market the position/organisation to gain maximum impact  Contribute to employee retention and alignment
  • 11. Create “extreme” employee value propositions that deliver on your people’s dreams!  Great Company  Great Leaders  Great Job  Attractive Compensation (& Rewards)  High Performance Culture
  • 12. Are we offering a differentiated promise which will target candidates & motivate current employees, & it is closely aligned to our corporate brand?  Are we over reliant on salaries & missing other more compelling attraction & retention benefits?
  • 13. Are we investing efficiently using the right media approach which targets the right candidates?  Are our employees experiencing the promises they were given when they joined? Strategic Talent Management!
  • 14. What happens if you EVP is over or under stated?
  • 15.
  • 16. Consider Value Proposition by:  Position  Team  Business unit  Organisation These can differ from area to area….
  • 17. Prepare questions for your Managers, other employees (focus groups) and other relevant sources close  Understanding your competitors/market and what they are offering  Partner with your recruitment agency – gain market feedback
  • 18. Examine relevant Company information (internal & external)  External Annual Statement, Web site Corporate plan  Internal Position Brief, Satisfaction surveys, exit interviews  Case studies on employees or projects
  • 19. When considering values there are two distinct types:  Intangible includes:  Tangible Includes:  organisational values  remuneration  brand name  learning that can be  reputation, quantified  organisation or industry, leadership style  Travel  reputation of existing employees  Conferences  community contribution  Memberships of  lifestyle professional associations,  Career path.
  • 20. Brand Toolkit  People Toolkit  “Virgin Behaviours”  “Stars of the Month” and “Employee of the Year”  Recruit Virgin People  Virgin Unite  “Forget me Not” seeds  Suggestion Boxes
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26. Why would a highly talented person choose to work here?  Mission  Succuss factors  Critical Dimensions  Values
  • 27. Deliver WOW through Service  Embrace and Drive Change  Create Fun a Little Weirdness  Be Adventurous, Creative and Open Minded
  • 28. What was the best mistake you made on the job? Why was it the best?  Would you say you are less or more creative than the average person – give me an example?
  • 29. You have 90 seconds to present the EVP to the person sitting next to you. What are you going to say?
  • 30. EVP is “a compelling, differentiating promise that defines the work experience”  EVP is made up of tangible and intangible components and operates at many levels  Eliciting the EVP from a number of sources  Getting your EVP out there – partner with Marketing  Important to reinforce the EVP throughout the recruitment process!
  • 31. Great Books!  Winning the Talent Wars by Bruce Tulgan  Delivering Happiness by Tony Hsieh CEO Zappos
  • 32. Sonia McDonald Director sonia@leadershiphq.com.au www.leadershiphq.com.au Mobile: 0424 447 616 LeadershipHQ Copyright 2012