Half of employers plan to develop EVP - Aon

Aon's Benefits and Trends Survey 2019

Hannah Godfrey
clock • 2 min read

Having an employer value proposition (EVP) is gaining in importance to organisations, with 51% of employers planning to develop their 'employee experience' or EVP, according to Aon.

According to Aon's Benefits and Trends Survey 2019, more than half of employers surveyed plan to develop their employee experience, or EVP, up from 16% last year. Employers have said that an EVP has had a positive impact on employee engagement, retention and recruitment, with 65%, 63% and 70% agreeing retrospectively.   Nearly a quarter (24.5%) of employers current have an EVP in place, yet nearly a third of those do not communicate it to employees. An organisation's EVP represents the values and culture they embody and the practical benefits for employees such as learning, growth ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

PIB Employee Benefits acquires YouatWork

PIB Employee Benefits acquires YouatWork

Expands product portfolio

Jaskeet Briah
clock 08 April 2024 • 1 min read
91% of employers have hybrid workers

91% of employers have hybrid workers

EAPs critical for employee health

Cameron Roberts
clock 02 April 2024 • 1 min read
Spectrum.Life partners with Duality Healthcare

Spectrum.Life partners with Duality Healthcare

Advancing mental healthcare accessibility

Jaskeet Briah
clock 28 March 2024 • 1 min read