The Employee Value Proposition: Managing and Measuring for the Loyalty Economy

The Employee Value Proposition: Managing and Measuring for the Loyalty Economy

  • April 2020 •
  • 6 pages •
  • Report ID: 5886414 •
  • Format: PDF
This IDC Perspective offers senior leadership and managers in every organization with insights into the importance of focusing on investing in the employee value proposition to maximize business outcomes in what is now a loyalty-driven economy. Maximizing the employee value proposition and its measurement for better business outcomes can be broken down into two components: One, empowering managers to maximize the employee value proposition; and two, implementing the requisite tools and processes to measure it, gain insights, create action plans, and monitor progression."Today's uncertain times necessitate an even greater focus on the employee value proposition. An organization's success is driven by its workforce. Employers must both manage and measure to drive value for employees to create significant business impact. Using platforms to gather continuous feedback, managers can utilize data to gauge employee sentiment and identify strengths and weaknesses within the organizational workforce to lay the foundation for better business outcomes," says Laura Becker, research manager, Employee Experience research at IDC.