EVP is unique benefits offered to employees in return for their skills. Strong EVP can reduce employee turnover by up to 69%. EVP is internal, employer brand is external
Employee turnover rate indicates workforce stability and job satisfaction. Employee retention rate shows company's ability to keep talent engaged. Time to hire measures efficiency of recruitment process. Cost per hire tracks expenses of recruiting new employees. Employee engagement rate reflects emotional investment in work
EVP outlines company values, rewards, and culture for employees. Strong EVP differentiates business from competitors and creates mutual trust. Effective EVP reduces employee turnover by 69% according to Gartner
Likert scales measure opinions and satisfaction levels through rating options. 5-point scale includes two positive, two negative, and one neutral options. Scales are easy to understand and require minimal time to complete
eNPS measures employee likelihood to recommend company on 0-10 scale. Based on customer satisfaction question but differs from employee needs. Scores range from +100 (perfect) to -100 (troubled)
Gallup Institute established in 1935 as world's oldest public opinion research agency. Q12 survey measures employee engagement with 12 questions. Research shows improved management practices lead to better organizational performance