What is the Employee Value Program

EVP, what is the Employee Value Program?

If you are in the process of developing an EVP Employee Value Program, this publication will be of interest to you. The EVP refers to the set of material or immaterial benefits offered by the company to its employees and with which it rewards their work in the organization. This concept is part of the strategy of Employer BrandingThis concept is part of the Employer Branding strategy, which seeks to create processes that lead the organization to become an attractive employer brand for professionals. In this blog we will tell you about the main characteristics of the EVP, as well as some tips that you can apply in your company so that you can more easily reach the ideal talent. Also, keep in mind that the hiring of hiring personnel is not an easy task and requires several steps that must be planned, even more so if we are talking about a recently created organization that is looking for that human talent that will help it take off. At TalentFY we help companies so that the selection process of digital profiles is no longer a headache and we enhance their EVP to reach the best candidates. Main features of the EVP The EVP should reflect why the organization is worth working for and what it means to be part of your team. Thus, the Employee Value Program includes both tangible and intangible elements. Tangible elements Refers to the retributions obtained by the employee for his or her work: such as salary, vacation days, financial aid for transportation, food or education. Also in this category are the internal training processes offered by the company: medical insurance, work equipment, among others. Intangible elements The intangible elements of the EVP are those that, although not reflected in the payroll, represent a fundamental part of the employee’s experience in the organization. This category includes work environment, corporate culture, internal growth opportunities, work team, leadership development and creativity, among others. If you want to learn more about how to develop intangible elements in your company, we invite you to review our interview with Marisa Elizundia, creator of the Emotional Salary Barometer, with whom we talked about how to manage the emotional salary. emotional salary. Tips to develop and improve your EVP The development of the EVP is a determining factor in making companies attractive to professionals, as well as in building the loyalty of the organization’s employees. An example of this is the study by Gartner, an IT research company, 63% of the candidates they surveyed rejected selection processes due to the lack of an attractive EVP. Here are some tips to keep in mind when working with your company’s Employee Value Program. Listen to your team The best way to understand how your employees perceive you is to listen to them. This can be supported by work climate surveys and day-to-day comments that arise in the organization. When discussing the EVP with your team, you can ask questions such as: What attracted you to work with us? Do you think this company has a good corporate culture? Why? What do you like most about working at this company? What are the aspects that you can only find in this company? Which of the organization’s values do you identify with? What would you change to improve our corporate culture? The answers to these questions, plus the insights you can gather on a day-to-day basis, will give you a starting point for knowing where your EVP stands. In this way, you will be able to start a process of strengthening the positive things and improving those aspects that are not so good. Benchmarking of other companies’ EVP Reviewing what companies in your industry are doing can also give you a lot of valuable information to build or strengthen your EVP. In this research you can focus on observing how companies communicate their EVP, what activities they carry out to promote and reinforce their value proposition, and what response they get from their audience. Additionally, you will be able to review your organization’s strengths and weaknesses compared to the EVPs in your sector, so you will see more clearly how you stand out from the rest. Finally, remember that when it comes to attracting talent, organizations in your industry become competitors to find the best professionals. This is why understanding what they do and how they do it is very important to develop strategies that differentiate you and boost your EVP. Strengthen the EVP by taking into account the candidates you want to attract. Once you are clear about your team’s perceptions and what companies in your industry are doing, you will have a clearer picture of how to strengthen your EVP. When defining your value proposition, remember to take into account the type of employee you want to have in order to focus the EVP on the possible needs and aspirations they may have for your organization. Additionally, you must take into account that each profile has different aspirations, so the EVP may change, so do not forget aspects such as age, work experience and cultural characteristics of the candidates to whom you want to address. In turn, specialized recruiting companies such as TalentFY can guide you in the proper use of EVP to connect with the best candidates, especially in profiles that are not easy to find. This is how the EVP, Employee Value Program, is a great tool that will allow you to attract and retain the best talent for your company. Try TalentFY in a Live Demo Try our recruiting platform without compromise. And if it doesn’t work for you, YOU DON’T PAY No small print. 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The best tools for teleworking

The best tools for teleworking

Just as last week we looked at how to lead a remote team, this week we want to bring you some of the tools for teleworking that you should consider implementing in your day-to-day work. The current situation has taught us that the option of working from home is not a negative thing. In fact, by applying it with the right tools, it can even increase employee satisfaction and productivity. That is why we have prepared a list of the best tools for teleworking. We have also organized them according to their field of influence or the task they perform. In this sense, we have tools to improve Communication, Organization, File Storage, Password Management and Management. Teleworking tools Communication Slack. This is one of the best tools for teleworking, as far as communication is concerned. It allows you to maintain fluid communication between colleagues, departments, work teams… You have the option of opening different channels according to the subject of each one of them, create private groups with the colleagues you want and open direct chats. This way you can cover a large part of your internal communication. Another very good option, and very similar, is Microsoft Teams. Skype / Google Meet / Zoom. If you want to humanize, liven up and speed up communication, there is nothing better than seeing and listening to the other person. So, for occasions when those details are a must, these three options are three of the best solutions. Organization Trello. Undoubtedly, a very effective teleworking tool to organize and prioritize tasks and projects. In addition, it allows the participants of each project to see the status and progress of each one of them. Another very similar option is Asana. Toggl. Working from home can break the habit and work times that the office provides. However, Toggl allows us to mark the start and end of each of our daily tasks, allowing us to set routines and times for each of our responsibilities. Sesame. Unlike Toggl, which allows each employee to control his or her own schedule, Sesame is a telecommuting tool for managers. Allows to control the schedule and location of each worker. In this way, despite being teleworking, the employee must comply with his or her schedule and do it from where it is his or her turn (home). Time and attendance systems, overtime management, shift management… a blessing for controllers and the HR department. Storage Google drive / Dropbox. These two tools are great file sharing solutions. By sharing them in the cloud, they do not take up space on the devices and, in addition, they can be shared in a common space that can be accessed by all interested parties at the same time. In the case of Google drive, as long as the document is editable, users can modify it in real time and also at the same time. WeTransfer is also a very interesting option if you want to share very large files. Passwords Dashlane / Lastpass / Keeper. These 3 tools are the most prominent in terms of password management. Their differences are minimal, as they all focus on password security and password storage. We invite you to take a look at them so that, according to your needs, you can choose the one that best suits you. Do you need an IT profile? Management Loomio. It is a very useful teleworking tool for decision making. On this platform it is possible to create debates in which each invited user can give their point of view, vote or abstain without having to be present at the same time, as it allows flexible schedules to adapt to each one’s schedule. If you are trying to agree to plan an event or meeting, Doodle is a very good option. TINYpulse. It is also important to have team management tools, and that is why TINYpulse is presented, a software that helps to measure employee satisfaction through surveys that will allow you to know the state of your team at a time when labor relations have changed a lot in a very short time. Which of these tools do you use? Do you think there are any others that are even more useful? Let us know in the comments! Try TalentFY in a Live Demo Try our recruiting platform without compromise. And if it doesn’t work for you, YOU DON’T PAY No small print. Schedule Demo Join our News Subscribe and receive our most exclusive content and news every month directly in your inbox.