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Anusuya Sharma
05MBA04
The Business School Jammu
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³ People are your most important assets. Treat them like
they make a difference ± and they¶ll make a difference´

‡ Balance point or fulcrum of give and take in

employment relationship
‡ A measurement of the balance between what an
employee receives from their employer in return for
their performance on the job
‡ Bellwether for Human Resource as to how well the
organization is performing as an µemployer¶
‡ EVP varies by industry and company, and is driven
by the norms and values that prospective employees
have as they try to match their personal vision of
³self actualization´ with the offer or reputation of the
employer.
 



 è
 

 Plays crucial role in employee retention &
development
 It is important to employee although many
would not identify it succinctly
 EVP has emotional or affective content as
well as physical
 It helps assess the Employer Brand and
market place reputation
 It allows comparing group of employees as
well as employers
 It allows identifying the gaps or weaknesses
in EVP competitively
  




D Rewards & Recognition

D Employee Benefit Practices
D Career Growth
D Employee Empowerment
D Performance Appraisal
‰





 Π

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‡ Could be monetary or just a certificate of

recognition or verbal praise
‡ ST Micro encourages the employees to come up with
suggestions by offering prizes for best suggestions.
‡ ST Micro offers  to good performers as a form
of rewards, which helps employees, gain a sense of
belongingness to the organization.
‡ Prefetti identifies 
   on the sales
meet and awards them
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‡ Organization of celebrations like birthdays,
anniversaries etc.
‡ Impromptu celebrations like Earth week,
dress week, family events etc.
‡ Coke has a ³Chill Zone´ within the office
premises, which offers various forms of
relaxations like radio, games etc. and where
employees can go any time of the day to
unwind whenever they need to take a
break.
‡ Ranbaxy organizes athletic activities like
tennis and football apart from regular
outings and picnics.
 
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 ST Micro offers the unique concept of ST

University certification, which provides great
initiative for employees to pro actively take
part in trainings.
 Wipro has preparation of formal training
calendars and mapping the employees for
trainings which is a comprehensive method
of taking care of training needs of
employees
 Ranbaxy has Individual Development Plans
 
 


 
 




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How Efficient is your Appraisal System

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‡ Retain Star performers by rewarding them

in ways that they truly value, reflecting
their individual styles and interests.
‡ Include: Employees should be given
opportunities to voice their opinions and
suggestions. Organization can offer prize for
best suggestion to encourage employees to
come up with suggestions.
‡ Customize
Customize!
!
It
It is critical to  retention
strategies to each type of worker. Plans
developed by the organization and
employees should be mapped with the kind
of training programs they require and a
Formal Training Calendar should be
designed.
 

 

‡ The organization can develop something on the lines

of creating their own university within the
organization offering certifications and trainings,
which would help employees, grow and increase their
knowledge thereby helping the career growth.
‡ The information exchange and compensation
maintenance system could be made   and
system dependent which would make it more
efficient, reliable and unbiased.
‡ There should be a place to 

 within the office
premises to help employees take a much-
much-needed
break when required.
‡ Organization can offer ESOPs in the form of rewards,
which would increase their sense of belongingness to
the organization.
Thank You