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what is a response to the following - First off, it is important to understand what EVP or Employee Value Proposition is. According to the
what is a response to the following - First off, it is important to understand what EVP or Employee Value Proposition is. According to the video and the article, EVP provides rewards and benefits to an organization's employees. If an employee performs well within an organization, they can be offered rewards for their work. An organization will also offer benefits such as sick/vacation time, health/dental/vision insurance, 401k plans etc. The article goes on to explain that an EVP should be a way to not only reward employees but provide incentives so that they want to stay. Why is it important to have a well-established EVP? While EVP programs are known to reduce employee turnover by 70%, they are also known to create a more inclusive workplace and provide a great overall experience for employees within an organization. There are many benefits to having an EVP and these are just a summary of them. It is important to have an EVP within an organization because it provides incentives to employees so that they want to stay and remain loyal. Not only is it important to provide these benefits and rewards to employees but it is also important for the organization within
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