HR Glossary / Employee Value Proposition

The employee value proposition (EVP) encompasses the benefits and rewards employees receive in return for their performance in the workplace.

What Are Examples of Benefits and Rewards Part of the Employee Value Proposition?

The employee value proposition varies depending on the organization. There are 5 main categories of benefits.

  1. Financial benefits: salary, bonuses, stock options, etc.
  2. Employment benefits: health insurance, retirement benefits, paid leaves, gym membership, additional holidays, summer work hours, etc.
  3. Career development: specialized training, scholarships, mentoring, promotions, opportunities to work abroad, etc.
  4. Work environment: work-life balance, flexible work hours, workspace design, recognition, etc.
  5. Company culture: employer branding, values, mission, alignment with goals, etc.

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