An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it
An Employee Value Proposition (EVP) is about defining the essence of a company. The EVP is the value an employee receives from the employer; it defines the commitment the company will make to develop the employee in exchange for the effort the employee puts in to benefit the company. But "do all" agree on what makes a unique and compelling EVP? A study showed that 14% of business executives, 40% of HR leaders, and 331% of employees say that compensation (pay and rewards) makes for a unique and compelling EVP. Assume that 200 individuals within each business group were surveyed. Complete parts (a) through (c).
a. Is there evidence of a significant difference among business groups with respect to the proportion that say compensation (pay and rewards) makes for a unique and compelling EVP? Use a=0.05
The test statistic is x^2stat=
The critical value for
b. Determine the p-value in (a) and interpret its meaning.
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