Employee Value Proposition (EVP) template
Value bundles that include this:
Our Employee Value Proposition (EVP) template showcases the comprehensive benefits, growth opportunities, and unique aspects of working with us, attracting and retaining top talent.
Additional implementation support:
Why this template is necessary
An EVP stands for Employee Value Proposition, which is a set of unique benefits and values that a company offers to its employees in exchange for their skills, knowledge, and experience. It is a comprehensive statement that outlines the reasons why employees should work for the company and what they can expect to receive in return. An EVP can help attract, engage, and retain employees who are aligned with the company's culture, values, and mission.
This is just a starting point. Your EVP should be tailored to your company's unique culture and values. It's important to involve your employees in the process to ensure that their needs and desires are taken into account.
Compliance notes
There are several UK employment legislation considerations that should be taken into account when developing an Employee Value Proposition (EVP). Some of the key areas to consider include:
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Equal Opportunities: An EVP must be inclusive and avoid discrimination in any form, including age, gender, ethnicity, disability, religion, and sexual orientation. The messaging should be sensitive to the diverse needs of employees and reflect the organisation's commitment to promoting equal opportunities.
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National Minimum Wage: Employers must ensure that their EVP is compliant with the National Minimum Wage and any applicable legislation related to employee pay and benefits.
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Working Time Regulations: An EVP must take into account the Working Time Regulations, which stipulate maximum working hours, rest breaks, and annual leave entitlements. It is important to ensure that the EVP messaging does not contradict or undermine these regulations.
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Health and Safety: An EVP should reflect the organisation's commitment to providing a safe and healthy work environment for its employees. This includes complying with all relevant health and safety legislation and ensuring that employees have access to appropriate training, equipment, and support.
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Data Protection: Any personal data collected and used as part of an EVP must be done in compliance with the General Data Protection Regulation (GDPR) and other data protection legislation.
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Anti-Discrimination and Harassment: An EVP must reflect the organisation's commitment to preventing discrimination and harassment in the workplace, and provide a clear process for reporting and addressing any such incidents.
Overall, it is important to ensure that an EVP reflects the values and culture of the organisation in a way that is both authentic and engaging to employees.
Specifications
5 mins
191 words, 1 page A4
1 November 2024
Employee Value Proposition (EVP)
At [Company Name], we are committed to creating an environment where our employees can thrive, grow and make a meaningful impact. Our Employee Value Proposition (EVP) is designed to support our employees in achieving their personal and professional goals while aligning with the company's vision, mission, and values.
Purpose
Our purpose is to empower our employees to make a positive impact in their roles, while supporting their well-being and development.
Culture
We foster a culture of inclusivity, innovation, and excellence. We strive to create an environment where everyone feels valued, respected and heard.
Total Rewards
We offer a competitive total rewards package, including a range of benefits such as healthcare, retirement plans, and paid time off.
Learning and Development
We invest in our employees' growth and development through ongoing learning opportunities, mentorship programs, and access to cutting-edge technology.
Work-Life Balance
We recognise the importance of work-life balance and provide flexible work arrangements, including remote work options, to help our employees achieve their goals both inside and outside of work.
Community Engagement
We encourage our employees to get involved in the community and make a positive impact through volunteering and charitable activities.