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Why salary, benefits, policies and practices are vital to show how true your EVP is

Supporting people and organisations to thrive | 6 minute read

For years, organisations have spoken confidently about their Employee Value Proposition (EVP): the promise of what employees can expect in return for their contribution. But to be competitive in 2026, the question you have to answer isn’t “do you have an EVP?” - it’s “does your EVP hold up under scrutiny?”.

Key takeaways

1. Your EVP is defined by lived experience, not slogans, policies or promises. 
2. Shared ownership EVP design strengthens trust, engagement and long term organisational resilience. 
3. Authentic alignment between culture, reward and behaviour drives true competitiveness.


Why this matters

In a competitive labour market, competitiveness isn’t just about pay or perks. It's about credibility, and credibility is earned when organisations move beyond propositions and embrace shared ownership.


90%

of UK employees are disengaged, signalling a major disconnect between stated EVPs and lived experience.

Source: CNBC


£15b

UK organisations lose an estimated £15bn a year on benefits that do not match what employees actually value.

Source: Cheer!

1. Your EVP is no longer what you say - it’s what people experience

Your salaries, benefits, policies and daily practices shape the outcomes your people experience and, in most organisations, those lived outcomes are more valuable and credible than anything on a careers site.

Many organisations still view their EVP as a recruitment tool: something crafted by HR, endorsed by leadership, and showcased in job ads. But this approach is outdated, because:

  • Employees expect transparency and alignment between what is promised and what is lived.
  • Word of mouth travels faster (and is often trusted more) than corporate messaging.
  • A promise without lived experience isn’t really an EVP – it’s a marketing claim.

Competitiveness means coherence

If your culture deck claims “We support wellbeing”, but workloads are unmanageable, the real EVP is workload. If you say “We value growth”, but development budgets are frozen, the real EVP is stasis. If you talk about “flexibility”, but promote presenteeism, the real EVP is inflexibility.

The organisations winning today are those whose policies, behaviours, reward choices and leadership style all reinforce the same truth - consistently - from hire to retire.

2. Why shared ownership is now a differentiator, not a ‘nice to have’

One of the biggest shifts in workforce expectations is the demand for collaboration over prescription. People no longer want to just receive an EVP; they want to shape it.

A shared ownership approach challenges the traditional top‑down build:

  • Instead of asking, “What should we offer?”
  • Organisations ask, “What value can we build together?”

This shift is powerful because shared ownership can help you:

  1. Attract talent who want a meaningful partnership: Employees are increasingly choosing employers where they can contribute - not just participate.
  2. Build loyalty through voice and influence: When people shape the policies and practices that affect them, they feel invested in the organisation’s success.
  3. Drive business resilience: An EVP built with your workforce adapts faster to emerging expectations and organisational pressures.
  4. Future‑proof your workforce: Shared ownership supports skills adaptability, AI-readiness, cross-generational expectations and transparent decision-making.

This is the heart of the Employee Value Partnership (EVaP):

The future of EVP is partnership, not proposition.

3. Competitiveness isn’t about offering more - it’s about offering what matters

One of the most disruptive truths in EVP strategy is this: offering more benefits doesn’t make you more competitive, offering the right benefits does.

Many businesses respond to competitive pressure by adding new perks or revisiting salary benchmarks. But competitiveness comes from alignment, not accumulation.

Ask yourself:

  • Do your salaries reflect the value you expect employees to create?
  • Do your benefits align with diverse life stages?
  • Do your policies enable sustainable ways of working?
  • Do your managers reinforce the culture your EVP describes?
  • Are employees empowered to take ownership of performance, wellbeing and development?

Organisations that get this right build dynamic, purpose-led EVP ecosystems, not long lists of perks. And employees know the difference immediately.

4. A competitive EVP should be felt throughout the entire employee lifecycle

A strong EVP isn’t felt during attraction - it’s felt every day.

Modern employees evaluate organisations at six critical moments:

  1. Attraction: Are values real or just marketing?
  2. Onboarding: Do expectations match reality?
  3. Growth: Is there support to adapt, learn and build future skills?
  4. Reward: Is recognition fair, transparent and inclusive?
  5. Wellbeing: Are flexible and sustainable practices lived, not just stated?
  6. Transitions: Are people treated with dignity, even when they leave?

Competitiveness isn’t about being impressive at the first moment - it’s about being consistent across all of them.

5. Authenticity is the real competitive edge

There’s a growing gap between what organisations say about their culture and how it feels to work there.

A competitive employer today must move from telling people what the culture is to showing people how the culture works

Authenticity shows up through:

  • Fair, transparent pay frameworks
  • Consistent flexible working practices
  • Psychological safety and trust
  • Managers who live the values
  • Clear expectations on both sides of the partnership
  • Benefits that are understood, accessible and relevant
  • A culture that respects people, whether they’re joining, progressing or transitioning out

When employees can see, feel and influence the EVP, it becomes a living system — not a promise pinned to a wall.

6. A strong EVP strengthens business resilience

In an era defined by economic uncertainty, AI transformation and shifting workforce expectations, the EVP has become a strategic advantage.

  • A well-designed, authentic EVP helps organisations:
  • Attract and retain the skills needed to stay competitive
  • Reduce attrition at critical life stages
  • Build adaptability as jobs and skills evolve
  • Strengthen culture and connection across generations
  • Increase internal mobility and succession strength
  • Improve benefits utilisation and ROI
  • Enhance employer brand legitimacy and advocacy - even after people leave

Resilient businesses are built by resilient workforces, and resilient workforces are built through authentic, shared, lifecycle-led EVP design.

Want to find out more? Join our upcoming webinar

From proposition to partnership: Rethinking the employee value proposition (EVP) through shared ownership

10th March at 10am

Join us on our upcoming webinar, where we explore how a partnership-led EVP helps organisations remain resilient and people-first as technology reshapes roles, skills and expectations.

On this webinar, we'll explore:

  • Why employer-led EVP models are no longer fit for purpose
  • How to design an employee benefits package for a multi-generational workforce
  • Why investment in more meaningful learning and development programmes is essential to building capability whilst supporting long-term career growth
  • Why your EVP is a key strategic asset in attracting hard-to-find talent

Save your seat

Ready to unlock a more competitive, future‑ready EVP?

Ready to see how our EVaP model could transform your organisation? Book a chat with one of our EVP specialists today.


General disclaimer

This insights article is not intended to address any specific situation or to provide legal, regulatory, financial, or other advice. While care has been taken in the production of this article, NFP does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the article or any part of it and can accept no liability for any loss incurred in any way by any person who may rely on it. Any recipient shall be responsible for the use to which it puts this article. This article has been compiled using information available to us up to its date of publication.


NFP contributors

Steve Foulger
Director of Organisational Transformation and People Services


References

  1. CNBC
  2. Cheer!


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