India’s startup ecosystem has been experiencing a speedy progress price, with the nation rising because the third-largest startup hub globally, posting report income of $227 billion in 2022, in keeping with Mint. This progress has led to a extremely aggressive marketplace for expertise, making it important for corporations to have robust employer branding and a lovely Employer Worth Proposition (EVP) to stay aggressive.
To achieve insights into creating an efficient EVP in such a fast-paced surroundings, we caught up with Malliga Rajkumar, the Senior Director of HR and Expertise Branding Lead at Flipkart, one of many largest e-commerce platforms in India primarily based in Bangalore, which started as a startup 15 years in the past with a crew of 200 individuals.
As a 30,000-strong group serving 150 million prospects throughout all of India, Flipkart is called the “startup of startups,” with alums occurring to discovered their profitable tech enterprises. Regardless of its measurement, the startup ethos of danger and innovation stays close to and expensive to Flipkart’s coronary heart.
Nonetheless, with the tech sector’s progress got here fierce competitors for key expertise, prompting Rajkumar and her crew to construct and implement an employer branding technique to make sure Flipkart may compete. Rajkumar’s method was to ask two easy questions: “What’s it about our tradition that we need to completely retain and rebuild the place it could have atrophied? And what are the weather that we need to add on?”
Growing EVP
The journey to Flipkart’s EVP was months of intensive major and secondary analysis. Rajkumar and her crew interviewed individuals in any respect ranges inside the group, spoke to headhunters, and did market benchmarking with accredited organizations just like the Nice Place to Work Institute and Mercer.
In the long run, they’d a listing of all of the issues Flipkart needed to be identified for and a listing of the issues expertise cares about. The problem was to discover a steadiness between the 2 to stake out an EVP that encapsulated what Flipkart stands for whereas interesting to the expertise they needed to draw.
They settled on a easy EVP that stitched collectively the entire ideas they needed to incorporate in a single phrase:
“Collectively, We Dare to Maximize.”
Collectively spoke to all the pieces they hope to foster by way of group and collaboration. Dare represents their startup coronary heart by celebrating audacity and breaking boundaries. And maximize represents their ambition to be one of the best they presumably could be and repeatedly enhance.
Activating EVP
Articulating an EVP is simply half the battle; Rajkumar and her crew nonetheless wanted to activate it for each staff and candidates. “Collectively we dare to maximise” is displayed in each Flipkart workplace. Extra importantly, that idea and the 4 pillars that assist it are woven into all inside communications, awards, worker boards, and occasions all year long.
In addition they measure its resonance annually of their annual worker engagement survey. A crew of over 250 worker advocates helps get the phrase out and shares an trustworthy have a look at what life at Flipkart is like.
Aspirational EVP
Flipkart sees its EVP as aspirational, they usually need to be certain that they dwell as much as its promise. Due to this fact, they used their mission assertion to construct a 3-year maturity mannequin that articulates each course of’s intent, design, expertise, and measurement. The objective is to take a look at all the pieces they do and take the time to align it with their EVP incrementally.
As at all times, it’s essential to measure the affect of employer branding to show its worth to key organizational stakeholders. At Flipkart, they evaluate their engagement statistics to a benchmark listing of different corporations to evaluate their efficiency and determine areas for enchancment. Moreover, they’ve particular metrics for particular person campaigns and frequently conduct inside surveys to evaluate the extent of consciousness inside the group relating to employer model themes.
In response to Rajkumar, “Employer model isn’t about who you’re at present; it’s about who you aspire to be.” A great EVP ought to replicate the group’s present state and set greater requirements for what it could turn out to be. Good employer branding presents a chance for a corporation to enhance and dwell its values, which in flip attracts prime expertise.
To comply with Malliga Rajkumar’s work in employer model, join along with her on LinkedIn. For assist figuring out the values and tradition you need to create in your organization, get in contact.
