Quick Summary The Covid-19 pandemic caused significant changes throughout the global workforce. It caused employees to assess and reevaluate their careers and the organisations they work for. The Armstrong Craven Review Vol.9 discovers how companies have had to adjust, redefine, and ‘future-proof’ their EVP to attract and retain staff in the new post-pandemic world.
As lockdowns and restrictions were enforced during the Covid-19 pandemic, employees started to assess their relationships with work and their employers. As a result, to help retain current employees or fill talent gaps, businesses have had to take an increased interest in their EVP and how to make it an attractive and rewarding proposition.
At Armstrong Craven, we have a significant amount of experience with EVPs. A lot of our work involves discussing EVP and supporting businesses to help ‘future-proof’ their organisation and remain attractive in the talent market. We have found that businesses are particularly interested on insights into the following:
- Employee preferences on hybrid and flexible working.
- Perceived company values and culture.
- Employee engagement feedback.
- What close competition offers for EVP.
With our expert support and guidance, we help businesses assess any necessary adjustments and the need for EVPs to evolve continuously in line with societal and workforce changes. A mindset that evaluates the future helps an organisation stay attractive and ahead of the competition in the talent market.
With these talking points in mind, the article covers the following topics:
- Effects of the Covid-19 pandemic on the Employee Value Proposition.
- The changes in components of EVP to adapt to the new world.
- The future of EVP.
- Strategies to future-proof your business.
To explore further our insights into EVP, complete the form above to download the full article from the Review.
At with Armstrong Craven, we offer experience and expertise in providing bespoke EVP talent insights for businesses, which can give them an advantage in the talent market and over their closest competitors. With 30+ years experience, we have developed a vast network of clients and industries, including tech, consumer, financial services, healthcare, and life sciences. In addition, we offer consulting services, including Competitor Talent Benchmarking, DE&I Benchmarking, and Compensation and Benefits Surveys, which help us support and advise on effective and tailored EVP.