What is employee value?

Employees includes all individuals that performs work and acts in behalf of the company through some type of contract. This includes part-time employees, consultants, trainees, temporary-staff.

All organisations today are dependant on human individuals committing their time and energy to the benefit of the organisation as a whole. Few humans are willing to do so without something in return. The provided value is typically based on financial compensation and benefits. But the total perceived value for an employee includes much more: the feeling of being part of something, a higher purpose, a welcoming workplace, caring colleagues, a platform for personal expression and development, and more. The perceived value is subjective and each individual has their own values, needs and driving forces.

Each decision and initiative taken by the company most likely has some impact on its employees, positive or negative. Even if something might seem not to directly relate to the employees, it can indirectly do so. What the company stands for and how the company acts determines the value an employee perceives and in the end nurtures or feeds on the engagement level of the employee.

As with customer value, the employee value cannot be determined by anyone except the employees themselves.

Employee value can be measured in many different ways. See Quality Management for more information.