a case for the employee value proposition · 2017-07-05 · 2 your brand is a magnet. what kind of...

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1 A Case for the Employee Value Proposition Amy Stern Director of Employee Engagement Research © 2017 BI WORLDWIDE

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Page 1: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

1

A Case for the Employee Value

Proposition

Amy Stern

Director of Employee Engagement Research

© 2017 BI WORLDWIDE

Page 2: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Your brand is a magnet. What kind of people does it attract?

What does your brand stand for? What makes it unique? Ask those questions.

Then use the answers as the foundation for your

Employee Value Proposition (EVP).

Page 3: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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The result: A better magnet. It’s not about attracting more people. It’s about attracting the right people, whose passions and values align with your company.

Page 4: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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A great

EVP

Attracts

Engages

Retains

Customer

Value

Proposition

Customer

Experience

Employee

Value

Proposition

Customer

Acquire

Develop

Retain

Amplify

Employee

Attract

Align

Engage

Retain

Refer

Company

Goal

Strategy

Culture

Page 5: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

Your customers’

experiences will rarely

exceed that of your

employees.

Page 6: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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VALUE PROPOSITION

EVP CONSIDERATIONS

TO WORK FOR

COMPANY

FIT & DIFFERENCE

Aligned &

Amplified

CVP CONSIDERATIONS TO BUY FROM COMPANY

FIT &

DIFFERENCE

BI WORLDWIDE 6

Page 7: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Developing & Activating Your EVP

Make every

moment count.

DESIGN

ACTIVATE

& SUSTAIN

Recognition & Rewards

Compensation & Benefits

Growt

h

Work Content

Peopl

e

UNDERSTAND

The first step in creating an

authentic EVP is to

understand how employees,

prospective candidates and

alumni perceive your brand.

Does it match your company’s

unique promise? Use the

information you gather to

create your EVP.

Once your EVP has been

formalized, express it through

your employer brand. Develop a

corporate narrative that can be

told across channels to attract

the best people for your

company.

Page 8: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

Engaged employees are happy.

“How happy

are you at

work?”

r = 0.78

Page 9: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

“Employee engagement is what the business wants.

Happiness is what the employees want.

If they each look out for the other’s interest,

the bargain works exceptionally well.”

Happy employees produce results.

Agreement % of Happy

Employees

% of Unhappy

employees

I am planning to leave this

organization within the next 12

months.

23% 54%

I am willing to work especially hard for

my organization’s customers. 93% 69%

Source: WorkHappier: Employee Motivation in the United States © 2016 BIWORLDWIDE

Page 10: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

10 www.workhappier.com

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Make every moment count.

Referral Day

Am I happy here?

Achievement Day

Am I valued

and appreciated?

Every Day

Is this a place

I’d like to stay?

First Day

Did I make

the right choice?

Decision Day

Can I see

myself here?

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Oregon Office Worker

Computer/Software Sales

24

“I was too fearful to help myself,

as suggested, to the

[cafeteria/break room] so I was

pretty

thirsty most of the day.”

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Idaho Office Worker

Banking/Finance

26

“Best part was meeting new

[friends/co-workers] and learning

[new things]. Worst part was

feeling completely lost and not

doing things correctly at first.”

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“The best part was the donuts. The worst part was that it

was freezing.”

Cayden, 5

Cayden

5

“The best part was

the donuts. The worst part

was that it was freezing.”

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What does successful onboarding look like?

Happiness Time to Proficiency Intent to Stay

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DECISION DAY

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The Need

to Belong

Rooted in our evolutionary history

• Cannot survive (or reproduce!) alone

• Evolved to dislike that feeling and seek out relationships

Three things are needed to

promote belonging:

FREQUENT CONTACT

MUTUALITY

Source: Baumeister, R. F. & Leary, M. R. (1995). The need to belong: Desire

for interpersonal attachment as a fundamental human motivation.

Psychological Bulletin, 117, 497-529.

CARE

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The Need to Belong

Work is fraught with satisfying the first,

but not second or third requirement.

“Loneliness is largely independent of

one’s amount of social contact.”

18%

of U.S. employees say they feel isolated at work

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Is it the right person

for the job?

• Hiring the wrong people sets you up for failure.

• Beyond having the right skills, are they a fit?

• Idiosyncratic fit with position

• People

• Organization and culture

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As soon as I read the job

description, I knew this was the

job for me.

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As soon as I read the job

description, I knew this was the

job for me.

I am a perfect fit for the team I

work with.

Page 25: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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As soon as I read the job

description, I knew this was the

job for me.

I am a perfect fit for the team I

work with.

This organization is a place for

people like me.

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Personal Fit People Fit Organizational Fit

Decision Day

Intent to Stay

Time to Proficiency

Happiness

“As soon as I read the job

description, I knew this

was the job for me.”

More likely to be

committed

More likely to be

happy More likely to be

happy More likely to be

happy

More likely to be

committed

More likely to be

proficient

9X

6X

3X

5X

9X

4X

“I am a perfect fit for the

team I work with.”

“This organization is a

place for people like me.”

47%

53%

35%

65%

37%

63%

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Hypothetical Work Force

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Hypothetical Work Force

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Hypothetical Work Force

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0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

1.8 2.3 2.5 3.0 3.3 3.5 3.8 4.0 4.3 4.5 4.8 5.0

Fit Score

HAS NOT LOOKED FOR OTHER JOBS LOOKED FOR OTHER JOBS

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Hypothetical Work Force

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Hypothetical Work Force

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Hypothetical Work Force

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Work Forces Compared

25% looked for other jobs 15% looked for new jobs

25% of remaining are low fit 6% of remaining are low fit

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First Day

Page 36: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Haylee,

10

“The worst part was being at a new place and I did not

know anybody.”

“The worst part was being

at a new place and I did not

know anybody.”

Page 37: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Ashlyn, 7

“The best part was meeting

new [friends/co-workers].

The worst was that I was a

little scared to meet new

[friends/co-workers].”

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Office professional in technology sector,

45

“Worst part was not

being asked to join

anyone for lunch, so I

ate alone.”

Page 39: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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The first day sets the tone.

FIT

DECISION DAY FIRST DAY EVERY DAY

COMMITMENT

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First Day Sets the Tone

Could not have gone

worse

Could not have gone

better

Miserable

Excellent

Overa

ll E

xp

eri

en

ce

First Day

Page 41: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

41 Great First Day Bad First Day

Making a Great First Day

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Will I sit by myself

at lunch?

• “I hated knowing no one and not being welcomed.”

• “It was uncomfortable to be in a new place.”

• “People weren't as friendly as I thought they'd be.”

• “I was welcomed warmly and had someone with me, the whole day. Multiple people told me how excited they were to see me and have me as a new part of the team.”

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My first day on set, before we

even met, he BOUNDED across

stage when he saw me, he gave

me a huge bear hug and said

“Dude, we’re so pumped you’re

here!”

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The “Wire Mother”

Mentality

• They get paid to be here.

• They have what they need to do the job.

• The break room is available.

• I showed them where the suggestion box is.

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The “Cloth Mother”

Mentality

• How can we make the workday enjoyable and rewarding?

• How can I advance employees to achieve to their full capabilities?

• I will schedule lunches for new employees’ first week.

• I will actively listen to employees’ ideas.

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OVERALL ONBOARDING

EXPERIENCE

Page 49: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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64% Received the training they needed to do their job well,

while 36% did not

Training and

Development

n = 988

Base: Representative Sample of U.S. Employees of Large Organizations, Tenure >= 1 year

Happiness at Work, Engagement, Commitment and Performance Intensity Measured on 1 to 5 scale, with 5 being

the best.

3.63.8 3.7

2.9 3.0 3.0

Happiness at Work Commitment Intensity Performance Intensity

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Employees want training.

In a sample of over 600 salespeople, 28% say they did not get enough onboarding

Page 51: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Will I catch on to

what we are doing?

• “Without the proper clearances I had to wait around before I actually got to start any work.”

• “It was just after the campus was closed for a week. My equipment wasn't ready and nobody was there to train me. It was awkward and I wasn't sure what to do.”

• “There was no real training structure in place, so I felt like I did a lot of sitting around.”

• “It is just kind of awkward getting trained and asking a bunch of questions.”

• “[The worst part was] not knowing what I was doing, I wasn't confident.”

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Cover the basics, and more.

Intent to Stay Proficiency Happiness

I understood all the details of the job offer. X X

I understand day-to-day operations at the organization. X X X

I understand my total compensation. X X X

I know how to recover from mistakes I might make. X X

I've created a plan for my career development. X

I have a mentor. X

I have received feedback about how I could use my

skills and abilities to best contribute to the success of

the organization. X

Page 53: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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Make every moment count.

Referral Day

Am I happy here?

Achievement Day

Am I valued

and appreciated?

Every Day

Is this a place

I’d like to stay?

First Day

Did I make

the right choice?

Decision Day

Can I see

myself here?

Page 54: A Case for the Employee Value Proposition · 2017-07-05 · 2 Your brand is a magnet. What kind of people does it attract? What does your brand stand for? What makes it unique? Ask

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QUESTIONS?

www.biworldwide.com

@AmyAes

www.linkedin.com/in/aestern/

Get in touch!