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Abstract
A significant number of organizations are missing out on an opportunity to increase employee engagement, attract and retain top talent, and even improve financial performance. And one reason, according to a new survey by global professional services company Towers Watson, is that fewer than half of the companies polled have a long-term plan for how to get the most from their employee value proposition (EVP), the employment deal that defines what an employer expects from its employees and what it provides in return. The Towers Watson survey found that EVPs at the best companies are: 1. comprehensive and balanced, 2. differentiated, 3. business-oriented, and 4. employee-focused. A new survey that considered employees' expectations found that an overwhelming majority of US workers believe their managers set a good example for behavior in the workplace.