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EVP
- 1. Special Features Mr. JayeshSampat Mr. Jayesh Sampat is the Country Head –Human Resources at Liberty Videocon General Insurance. He is spearheading Human Resources at Liberty Videocon General Insurance since its inception.Prior to taking up this assignment at Liberty Videocon General Insurance, he has held senior positions in UBS, Kotak Mahindra Bank and Standard Charted Bank. In a career span of close to two decades, Jayesh has held HR Leadership roles spanning across geographies & have led portfoliosinvariousgamutofHR–EmployerBranding,Talent Sourcing, Organization Capability & Effectiveness, Integration Management, Talent Management, Performance Management, Learning & Development, Total Employee Remuneration & Rewards, Employee Relations & HR Operations. This diverse exposure has given him the opportunity to partner & engage the Business Leadership Teams in HR Strategy Management. He has taken up the role of an agent of transformation, championed in strengths based culture building & shaped people processes to support organization buildingandsustainedbusinessgrowth. EmployeeValueProposition Do you know if your organization has an 'Employee Value Proposition' (EVP)? If you're thinking NO, think again. Your organization may not have defined and even promoted their EVP, however the EVP exists and your employees and prospective employees are talking about it. So what is EVP, andwhyfocusonit? Employee Value Proposition, as the name suggests is what 'value' the organization offers to its employees. This 'value' is an outcome of the organizations DNA and remains relatively constant over a period of time. It is an outcome of the organization's Culture, its practiced Values, its policies and the employeeclimateitcreates. The EVP can be highlighted in the Employee Branding to showcase the organizations uniqueness. It is selected with care to ensure that the organization has a unique 'Competitive Advantage'. While branding, it is essential to ensure that the strengths of the existing culture are highlighted in the EVP. The aspirations of the organization also need to be captured. Presenting an EVP that is only based on aspirations and leaving out the current culture may lead to attracting candidates, however retention of such employeesmaynotbepossible. AtLibertyVideoconGeneralInsurance,wehaveaculture,awork environment that helps people stay and thrive. This culture provides a 'Sense of Belonging'. Here, it is more than just an employer and employee contract, it is a relation that is built over time and over interactions and conversations. Having a culture with values and encourages 'Self-expression' i.e. encourages people to 'Be themselves' at our workplace. Employees have access to different forums to express themselves. People are 'Empowered'intheirrolesandvariousinitiativeswhichsupports them to succeed. They are provided space to work in their style to give their best. At Liberty Videocon 'Employee Experience' is the key to our culture. Some of our unique initiatives include Comprehensive On-boarding and Induction Program, Learning Leaders, Conversational Town halls, Stay Interviews, Cross Functional Skip Level Meets, Conversational Cup Meet Ups and manymore. The bottom-line is that the EVP enables the organization to Attract, Engage and Retain employees. It is good practice to study the trends, i.e. what the target talent segment 'values' and highlight those practices and culture attributes that are valued and also match with the strengths of the existing culture. Based on the discovery we could enhance and build what already exists andisalsovalued. So what is the EVP that you are building, nurturing and promotingisyourorganization? 57 Insurance World August 2015 Mr. Jayesh Sampat Country Head, Human Resources Country Head, Human Resources at