Employee Value Proposition
Employee Value Proposition (EVP) is a set of benefits and rewards paid by an employer to its employees for the services they provide and their performance in the organization. An EVP is about branding a company in front of fresh talent to attract new candidates for open job opportunities in the company. It defined how much happy existing employees are and how motivated they feel while working. A strong EVP affects the goodwill in the recruitment market and ultimately makes a qualified team. It is the set of offerings that works like a magnet to attract targeted candidates.