Context
A large proportion of promotional decisions occur at the manager level with HR facilitating the process. Generally, there is a great deal of organizational value in employee promotion, however, trend analysis indicates that there are potential and unforeseen pitfalls as well.
Post a Response
Based on your readings from the textbooks SHRM Essential Guide and Talent Makers, respond to the following:
- Describe both of the following concepts: the employee value proposition (EVP) and employee lifetime value.
- Include specifics on each regarding elements, models, and legal considerations.
- Detail why each of these two concepts are important toward retention goals.
- Discuss a surprising or interesting fact regarding EVP or lifetime value models or practices within any of the employers you have direct experience with.
- Why was that fact interesting and/or why did it surprise you?