Employer Value Proposition
In last weekâ€™s Economist, there was a special report on the competition for talent, which concluded (among other things) that employers needed to develop an â€œEmploye Value Propositionâ€ ie a reason why a talented person would want to join (and stay with) an organization.
Good idea! Not too many examples of such â€˜EVPsâ€™ were given, but it was observed that a major theme could be delivering to talented people the â€œlearning organizationâ€ — the chance to learn, develop and grow. However, the Economist concluded that few organizations knew how to create that.
The topic of marketing your organization to the people you want to attract has never been more timely. What The Economist got absolutely right was that you need a specific proposition to market successfully. You canâ€™t possibly be attractive to all possible recruits. Some will want to be team players, some will want lots of autonomy. Some will want immediate rewards, some will want o be part of building something.
Some, in the language of Bob Suttonâ€™s blog and book, want a â€œNo Assholesâ€ policy. Some of them want the freedom to BE the asshole!
Here are the (strictly enforced) rules I would establish to form MY companyâ€™s employer value proposition:
- EVP rule 1: Anything that can be delegated must be
- EVP rule 2: Only true team players allowed — no lone wolves, no matter how big their book of business
- EVP: rule 3: Grow or go — no room for anyone who doesnâ€™t want to take on new responsibilities and skills every year
- EVP rule 4: Only those who are interested in helping OTHER people succeed are allowed to hold managerial or supervisory positions.
- EVP rule 5: No (repeat offender) assholes (we all get it wrong sometimes.)
- EVP Rule 6: Ten percent of everybodyâ€™s time and everybodyâ€™s budget is to be spent investing in the future
- EVP 7: As soon as we know you arenâ€™t going to et promoted, we will tell you. No faking it.
- EVP Rule 8. If we part, we will do all we can to ensure that we part in friendship
- EVP Rule 9: If we part, we will provide more assistance in helping you find your next job than any of our other competitors.
What do you think? Would that be an attractive EVP in your business? Would it make talented people want to work there?
What would YOU offer as a viable Employers’ Value Proposaition that would attract the best and the brightest?