The pandemic has changed the relationship between people and their work, and the employee value proposition (EVP) must evolve to reflect these changes.
Organizations today spend an average of $2,500 per employee on employee experience every year, and such investments are expected to continue.
Attempts to modernize the EVP typically add on features — from upskilling workers to keep up with emerging digital skills to offering pet insurance. These efforts are costly and are not yielding the expected benefits. Employee engagement hasn’t improved tangibly since 2016 — and then came COVID-19.
Download Guide: Reinvent Your EVP for a Postpandemic Workforce