TalentNeuron, the global leader in labor market analytics solutions, announced the launch of its employee value proposition (EVP) taxonomy. The new taxonomy organizes and classifies the various attributes and components that make up an organization’s EVP. It transforms and organizes the industry’s largest labor market data set, delivering structured insight into an enterprise’s unique EVP, avenues for competitive differentiation, and a data-driven approach to attracting and retaining top-tier talent.
“The TalentNeuron EVP taxonomy empowers leaders focused on employer branding and talent acquisition to elevate their strategic decision-making through data-driven insights,” said David Wilkins, Chief Product Officer at TalentNeuron. “By seamlessly converting vast volumes of unstructured job postings into actionable insights, enterprises gain the ability to define and refine those previously intangible attributes that set their organizations apart.”
The EVP taxonomy features attributes gleaned from more than 800 million unique data points found across nearly 1.5 million job ads captured daily by TalentNeuron’s proprietary platform. This robust capability structures raw data so companies can assess broad EVP market trends and drill down as needed by geography, specific job roles, and more. With more than 450 attributes designed to obtain insights on industry standards and best practices in five core categories — workplace and model, people, culture and values, total rewards, and growth opportunities — and multiple subcategories, the EVP taxonomy offers organizations the most comprehensive view of their appeal in the job market and how they compare against competitors.
“TalentNeuron uses cutting-edge AI/ML models to extract and classify EVP attributes, providing you with unparalleled insights into your competitors’ EVPs,” Wilkins said. “We will soon be rolling out employee sentiment analysis to all our users. By gaining a deeper understanding of how employees perceive their workplace compared to others, alongside EVP insights, HR teams can make data-informed decisions to optimize their employer brand to gain a competitive edge in the battle for top talent.”
This new capability furthers TalentNeuron’s continued commitment to helping enterprises navigate the future of work. The EVP Module is currently available to all customers. Learn more about TalentNeuron’s platform and solutions here.
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