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Employer Branding

How to update your existing employer value proposition (EVP)

06 NOVEMBER 2024

When should you update your EVP?

Review your EVP when the business changes: after an acquisition or reorganisation, with a new strategy, when target groups shift or when employees no longer recognise themselves in it. A review builds on the same insights as a new EVP: employee surveys, interviews, exit interviews and competitor analysis.

A strong employer value proposition (EVP) is a key foundation for attracting, recruiting and retaining the right people. But to be effective, it also has to be true. Sometimes an EVP that once reflected the company perfectly starts to feel dated or misleading, which can hurt engagement.

That does not mean you need to scrap everything and start over. Instead, you can update and adjust your current EVP to better reflect reality. Here are the steps to follow.

Tips for refreshing your EVP

Do a reality check from the inside out
Start by gathering feedback from employees. Surveys, focus groups and interviews help you understand what is actually experienced as true and what no longer matches reality. Also analyse employee survey data, exit interviews and reviews on platforms such as Glassdoor to get a clear picture of how the company is perceived internally and externally.

Identify the gaps between your EVP and reality
Compare the feedback with your current EVP and identify the gaps. For example, you may promote great career opportunities while employees feel development is limited. Understanding how the promise differs from reality is key.

Adjust instead of replacing
You do not always need to tear everything down. Small adjustments can make a big difference, such as fine-tuning the tone or messages so they feel more credible. If it is unrealistic to improve areas that no longer exist in the organisation, it may be wise to remove that part of the offer.

Emphasise the strengths that still hold true
Look at the parts of your EVP that still ring true and emphasise them even more. Is the culture strong? Are wellbeing and engagement high? Highlight your strengths and sharpen the wording so it captures your unique culture and values even better.

Communicate the changes clearly
Once the adjustments are in place, be transparent about what has changed and why. Clear communication shows that the company listens to its employees. Acknowledge your weaknesses and explain how you will work on them. It builds credibility internally and externally.

Celebrate and implement
When the updated EVP is ready, celebrate! Create a positive launch for the organisation, through inspiring workshops, meetings or events that set the tone. Materials such as posters, intranet content or fun merchandise help employees embrace the EVP.

Evaluate and adjust regularly
An EVP is not set in stone. It is a living document that ideally evolves with the company. Keep evaluating and adjusting it so it continues to reflect the reality your employees experience.

Updating your EVP is an important investment. Keeping it current and true to reality creates a strong foundation for attracting, retaining and engaging people. And the best part? You do not always have to start from scratch.

Read more: What is an employer value proposition (EVP)? Need help reviewing your EVP? Get in touch.

FAQ

Frequently asked questions about updating your EVP

How often should you review your EVP?

A lighter review every two to three years, and always after major changes in the business.

Do you have to start from scratch?

No. Often it is enough to adjust messages and proof points while the core remains.

What is an EVP?

Your employer value proposition. Read What is an EVP?