Case Study: Defining Employee Experience at a Leading Financial Services Technology Division
Background
A leading financial services company embarked on a journey to redefine its Employee Value Proposition (EVP) and reshape the employee experience to remain competitive in a rapidly evolving technology landscape.
The challenge was to position them as a top employer for tech talent while fostering a work culture that drives engagement, retention, and innovation.
With increasing competition from FinTech startups and global technology firms, they needed to evolve their EVP to attract and retain high-calibre professionals.
The organisation partnered with CLQ to apply human-centred design methodologies and create a future-fit EVP that aligns with employees' expectations and their broader strategic goals.
Our journey
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CLQ applied a human-centred, design-led approach, combining employee insights, global best practices, and strategic co-creation to develop a compelling EVP. The process included:
Ethnographic Research: Conducted one-on-one employee interviews and focus groups to understand pain points, motivations, and sentiment.
Market Benchmarking: Analysed global and local talent trends to identify what leading technology firms are doing to enhance employee experience.
Co-Creation Workshops: Engaged employees and leadership in collaborative ideation sessions to define opportunity areas and solutions.
Behavioural Archetyping: Developed employee personas to map career journeys and ensure EVP alignment across diverse workforce needs.
Strategic Roadmap Development: Created a clear action plan to embed the new EVP into the organisation’s policies, talent strategy, and workplace culture.
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Through research and engagement sessions, CLQ identified key challenges impacting employee experience and retention at the company:
Lack of a Defined EVP: Employees struggled to articulate what differentiated the organisation as an employer in the technology space.
Disconnect Between Leadership and Employees: Limited engagement in strategic decision-making led to a sense of misalignment.
Rigid Work Structures: Employees expressed a need for greater flexibility and modern workplace policies that align with global tech trends.
Gaps in Career Development: There was a demand for stronger mentorship, skills development, and internal mobility opportunities.
Competition from FinTechs and Startups: They needed to reinforce their employer brand and workplace innovation culture to attract top talent.
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By synthesising internal sentiment data with external market research, CLQ uncovered critical insights shaping the EVP design:
Investing in Employee Experience Drives Business Success: Companies that actively prioritise employee engagement outperform competitors in retention, revenue growth, and customer experience (EX = CX).
The Future of Work is Hybrid and Flexible: Leading tech employers offer autonomy, work-life integration, and innovation-driven cultures.
Purpose and Leadership Alignment Matter: Employees seek clarity in organisational vision, a sense of purpose, and leadership that fosters collaboration and trust.
Co-Created EVPs Outperform Top-Down Approaches: Organisations that engage employees in EVP development achieve higher adoption and long-term success.
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Following the engagement, the organisation implemented a redefined EVP and structured roadmap, delivering measurable results:
🚀 20% increase in engagement and culture scores
🔄 25% reduction in employee attrition
📉 50% improvement in time-to-hire for key technology roles
🌍 Enhanced employer brand positioning as a top tech employer in South Africa
The new EVP now clarifies the organisation’s commitment to employee growth, innovation, and workplace flexibility, ensuring that the organisation remains competitive in attracting and retaining technology talent.
Conclusion
Through the collaboration with CLQ, the organisation has taken a human-centred approach to redefining its EVP, ensuring that they remain a destination employer in the technology industry. By embedding strategic insights, employee engagement, and workplace transformation, they has successfully positioned itself as a leading tech-driven employer of the future.