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Top 7 Mistakes People Make When Building an EVP

Employer branding is still widely misunderstood, and appreciation of its business impact is highly varied. Though, it’s positive to see the renewed focus on developing or redefining Employee Value Propositions (EVP’s), and marketing of employer brands to build the awareness and attractiveness of organisations to compete for critical talent.

In these crazy times, the clash of employee experience versus changing expectations means that creating an EVP that is credible, exciting and relatively constant has become a challenge. Given the complexity and ongoing nature of the work, those embarking on an EVP build project need to be better equipped to ensure their investment of resource and funding delivers a return on investment.

I’ve developed countless EVP’s for Australian and global organisations, and I’ve spoken with many people who have done the same. Today I’m rounding up and sharing the most common mistakes and setbacks that people face, so you can be better prepared for success.

#1 – Know what you’re getting yourself into – get better educated on the topic

An EVP is inextricably intertwined with company strategy. It’s highly complex to uncover and define. It is not your values, purpose or DE&I strategy. It is not a tagline or campaign creative. And it’s not the silver bullet that you’re looking for.

It should be informing your current and future people experience, and defining it is just the start of your employer branding journey…

#2 – Set a clear scope and realistic expectations – get clear on the impact and outcomes of your work

If you’re not all in on this work, then don’t go claiming the impressive benefits and return that organisations like Gartner promise when building an effective EVP.  Get clear on the work that you and your team are able to actually do, and ensure you’re focusing on the actual benefits that this will deliver.

If you’re in TA and your project focus is purely on external attraction, then ensure your success metrics don’t include employee retention (which I commonly see.) However, if retention needs to be a core focus as you’re losing talent at an alarming rate, then make sure you’ve got the right stakeholders onboard who have the responsibility and influence on the related work.

Low appreciation for business impact of an EVP, is perhaps a result of the fact that people are naively promising far greater return than what their scoped project can actually deliver.

#3 – Engage all key stakeholders upfront – you can’t do this alone

If you want to do this right and not just make it an external marketing strategy, you’ll need the right people in the business taking shared ownership.  

Too many times I hear people say that Brand or Comms are being blockers, so they’ll deliver this themselves in TA – asking for forgiveness, not permission. Given that this cuts across the entire employee experience and it’s an extension of your organisation’s brand, you need to work with the custodians of it. Given you’ll need to communicate with employees and the external market, you need to do this with your comms experts and the owners of these channels.

And most importantly, get the business onboard. They need to be in support of this, to ensure it’s the reality their delivering to their people, but also because they’re support in driving a movement is absolutely necessary. Build your influencer army.

#4 – Be realistic about timelines – it takes a long time to get it to market, so impact won’t be fast

I’m going to say it… no EVP project I have seen has ever been delivered to the original time schedule.

There are a number of reasons for this. Once organisations start, they often realise it’s a much bigger project than anticipated. Often it’s the lack of resource to drive the work, on top of people’s day jobs. Some are blocked at the end as they didn’t get the right people involved at the start. But mostly, it’s because people haven’t built in enough time for engaging stakeholders, socialising the work, and gaining alignment on the outcomes of it.

From research > EVP definition > strategy > creative build > internal and external launch – you are realistically looking at 6 months minimum. And I stress minimum.

#5 – Secure appropriate funding – $$ are required for EVP build and ongoing promotion (and it’s not cheap)

Reality is, this is a marketing exercise. And no marketing function works off zero-dollar budgets. Yet, too many organisations are trying to do this with small HR budgets.

Not only do you need money for the research and strategy phase, you need creative development and production budgets to bring these messages to life. But the work doesn’t end there… you need to take your messages to market, both internally and externally. Reaching an external audience of people who are not following your organisation, needs decent marketing budgets to achieve.  

Secure a yearly budget for employer branding, because building a brand is an ongoing investment. If Google and Atlassian need always-on marketing, it’s fair to say that your business does too.

#6 – Get Leadership buy in – ensure everyone is onboard as this work isn’t limited to recruitment, it impacts your people strategy (you need greater influence)

Defining an EVP is making a promise for what every person in your organisation can expect to receive. You need total alignment and for everyone to be ‘all in’ on the essence of your EVP, as all future people decisions need to be in support of it.

Your leadership team need to be comfortable that the EVP is reflective of reality, and that it positions the organisation in the way they want it to be seen.

Delivery on the EVP requires the commitment and shared accountability of your leaders and every people manager. But in order to remain competitive, you need to continually question whether this EVP is enough to compete. And if not, you need to evolve and strengthen the employee experience to create a more compelling EVP. To do that kind of work, absolutely requires your leadership team to be on this journey.

#7 – Ensure you’ve got the right resources; capability and capacity – your TA team doesn’t have all the skills you need

Last, but perhaps the most common issue. Make sure you build a project team with the right skills and resource. This work is time consuming and it stretches across many disciplines.

The required skills include research, analysis, strategy, project management, brand, design, marketing, communications, people experience, advocacy, social media, digital, events, measurement and more.

Assuming this capability is not sitting in your talent or HR team, you’ll need to build a project group of internal and external resources. Leverage the expertise in your business (point #3) and look for ways to integrate this work in current operations.

An EVP is not a quick fix solution to your talent challenges, but done well, it can help build an employer brand that gives you competitive advantage.

By ensuring you’ve got the right people bought into the journey, with a good understanding of what’s involved and the amazing benefits, then it’s a tool that will help you stand out in this tough market.

Enjoy this challenging but rewarding project!

Why Employer Branding is Key to Gaining a Competitive Advantage

Why Employer Branding is Key to Gaining a Competitive Advantage

Getting the right people into the right positions is the ageless hiring challenge. In today’s candidate-driven market, the best employees have no shortage of options when it comes to choosing opportunities. The struggle nearly all companies face today is standing out from the crowd.

Even if you offer a competitive salary, there’s no guarantee that a candidate will think you’re the right fit. There are many drivers that influence a candidate’s decision to apply for a role – and creating a compelling employer brand that highlights these factors is critical to attracting top talent.

Why you aren’t coming across as unique

The truth of the matter is, most organisations’ EVPs don’t do anything to differentiate them from their talent competitors. Look at your EVP – does it reference any of the following?

  • Work-life balance/flexibility
  • Career progression opportunities
  • A great culture
  • Learning and development experiences

The reality is, in 2020, nearly every company offers some degree of the above.

It’s easy to talk to these benefits when you know, in practice, how good your company is at them. But when everyone is saying the same thing, these EVPs begin to blend into each other as noise. The result is candidates have little means to assess whether your company’s offering truly meets their current needs.

Most of the time, EVP issues don’t stem from proposing the wrong things, but not going far enough into what that specifically means in their organisation. It is critical for companies to not only uncover what is important to their audience and how well they are delivering on this, but also how well their talent competitors are doing the same.

Take for example, flexibility as a benefit. In one company, flexibility is about allowing people to go to a doctor appointment or take leave when they need it. In another it is about being a fully remote workforce, with no standard working hours and unlimited leave. However, both companies typically use a limited narrative that simply references “flexibility” when attempting to attract employees.

Successfully communicating what your company is really about is a major undertaking that requires collaboration between HR, the business and leaders. Companies need to have candid honesty and call out what they are good at, and not good at. By being true to who you are as an organisation, you’ll attract more of the right people, reducing candidate drop-out and talent attrition.

Keep in mind if your offering in a particular area doesn’t stack up to competitors, no advertising campaign or brand positioning will fix this – candidates will find out the truth very quickly!

That’s why it’s important to define specifically what you want to be known for, and improve that part of the employee experience. This is same principle as improving a product to meet the needs of specific buyers.

Communicating value with your employer brand

Even when your EVP – your core message statement – is pitch perfect, it needs to be brought to life, embedded and communicated consistently across all employee touch points to be believed and celebrated. But how can you do this, while making sure you remain sincere and engaging to your talent audience?

One way to approach this is to apply marketing and communications tactics to your employer branding efforts. Written content, photos, video, etc. can all help to showcase a company’s authentic story to differentiate them as an employer. This content needs to provide proof points and evidence for how your EVP is lived within the organisation.

Today, many companies are using innovative techniques along the candidate journey to provide an inside look into their business. Commonwealth Bank of Australia, for example, has developed a recruitment process for their call centres where they play simulated call recordings and show videos of real employees working in call centres to reduce job shock.

A currently-unnamed global trading company is also soon launching a virtual reality experience that provides an opportunity of experiencing being on a trading floor, allowing candidates to move through the office space, interact with everything within it and hear from employees during their work – showing the realities of working in that environment.

Employer branding doesn’t have to be overtly innovative. It may even just be as simple as taking Netflix’s approach, which is making sure their amazing and unique company culture is explicit in every single one of their job ads. What matters most is that your messaging is coherent, authentic and aligned to the EVP.

Successful employer branding

What separates great employer brands from “good” or just “okay” employer brands? The truth is, most “ordinary” companies simply can’t compete with the unicorns of the world in terms of employer brand strength. So relying on top company lists and rankings is not going to help most organisations understand how well their employer branding efforts are paying off.

Although no company likes to come off as having any weaknesses, I’ve found that those that are most successful in building a distinctive employer brand are candid about what they are good at and not good at. It is futile trying to be attractive to the widest pool of candidates possible. All you need is to be able to appeal to the single candidate, or niche of candidates that best suits the position. By being true to what it is, a company will attract more of the right people to the business, reducing candidate drop-out and talent attrition.

The companies that succeed in their employer branding efforts also stay on top of outcomes. Unless you’re clear on what you’re trying to achieve, you won’t know what progress you’re making.

There’s no one-size-fits-all approach to measuring employer brands, as the objectives you set for your brand should be unique to your organisation. However, for many organisations the focus is on attracting top quality people, so common metrics used to measure success are applications per role, cost per hire, quality of hire, time to fill, offer acceptance rate, etc.

An advanced tactic would be developing a holistic employer brand strategy that stretches across the full employee lifecycle, and in this case, the focus would be on measuring the employee experience and whether it stacks up against the promise (EVP).

A final thought

The 2020 COVID-19 outbreak may see a drastic change in the talent drivers for many industries. People whose employment has been impacted will naturally prioritise job security and high paying wages over other things, as they have been financially suffering throughout the pandemic. Those who have spent more time at home with their families recently could be looking for better balance and flexibility from their work life. Alternatively, people may be craving the chance to leave their home each day and be around others in a busy and fun work environment again.

In the near future, we may see a real divide in what people value most. Pinpointing the state of your industry and key talent segments could be what gives you the edge to develop a unique EVP.