An RBL Institute Mini Forum White PaperBy Dave Ulrich & Justin Allen
Participating RBL Institute Members: Jane Howard, BAT | Keith Lawrence, P&G | Bob Moresy, Cambell Soup | Carole Watkins, Cardinal Health
Imagine this: You are the Chief HR Officer of a Fortune 500 company and every morning, every single one of your 100,000+ employees wakes saying, "I absolutely love my job. I'm going to get in to work and give my company everything
I've got to add value for our stakeholders!"
An impossible dream? Perhaps a bit exaggerated, but in the daily battle to add value for multiple stakeholders, companies are increasingly acknowledging the importance
of creating and embedding an integrated, simple, and strategically-aligned employee value proposition. Whether faced with mergers and acquisitions, downsizing
in a tough economic environment, or simply working to ensure employees are engaged and dedicating high levels of discretionary effort, a solid EVP can have an immense
impact if leaders can make it real.
In a lively conversation on May 29, 2008, four senior HR leaders from some of the world's premier companies discussed the challenges, opportunities, and best practices in employee value proposition delivery. The following sketch provides key points from the discussion. We first list challenges currently faced by senior HR leaders, and then outline insights on (A) WHY employee value proposition (EVP) can be beneficial, (B) WHAT a good EVP must be, and (C) HOW we can make it real for our employees.
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Download the RBL Institute mini-forum whitepaper "Employee Value Proposition" in .PDF format. |