People & Change E-book Final 2 - Flipbook - Page 24
Business Trends / / Why resurrect Employee Value Proposition (EVP)?
Critical success factors for EVP
A strong EVP drives valuable employee experiences but also creates better financial outcomes.
According to RedThread Research, companies that focus on the employee experience outperform
others in the S&P 500 by 122% and make 4.2x the average profit. If designed and managed well, an
EVP will resonate with employees, contribute to a positive employer brand, and help the company
attract and retain top talent. Thought Logic recommends the following critical success factors for a
company to enable an attractive and effective EVP.
A company9s EVP needs to align with its
To attract and retain talent, an EVP
A successful EVP is not