Australian fintech company Prospa named Best Employer in AON Hewitt Best Employers Program
Prospa, Australia’s leading online lender to small business, has been named Best Employer in the AON Hewitt Best Employers program for 2017 – the first year the company has entered the awards.
Prospa has been awarded the sought after status due to the strong connection the company builds between its team and customers, and the problem they are solving for them. A strong leadership team led by joint CEOs Beau Bertoli and Greg Moshal, delivers a strong emphasis on company culture and a customer-centric focus, and has helped create a highly engaged, high performing team that cares deeply about Australian small business owners.
The AON Hewitt award builds on Prospa’s success at Fintech Australia’s FINNIE Awards earlier in the year where the company picked up ‘Best Fintech Place to Work’ and ‘Fintech Leaders of the Year,’ solidifying Prospa’s position as an employer of choice in Australia.
Having just celebrated its fifth birthday, Prospa has established itself as an industry disruptor and market leader in small business lending. The company has scaled rapidly through its journey from startup and is now a medium-sized high-growth business that maintains a culture of innovation through a variety of initiatives and projects. Prospa has consistently delivered a strong business performance while creating and building a brand new market, and is committed to helping its people rapidly grow their skill sets and mindsets as the business grows.
One of the many programs Prospa has implemented is an “Employee Share Option Plan” in which every team member is eligible to become a shareholder, and therefore an owner in the business. This helps create a truly cohesive team that works together to empower Prospa’s small business customers across Australia.
Other initiatives that support staff engagement and retention include “Aspire” – enabling high-performers to partner with external consultants and create practical, empowering training courses for others in the business around their own area of expertise. The sharing of specialist knowledge between colleagues helps create a more flexible and adaptable workforce.
Commenting on the win, Prospa Joint CEO, Beau Bertoli said: “We are incredibly proud to be the only fintech company recognised by the AON Hewitt Program this year. People are, without a doubt, our number one priority and have been since we began five years ago. Our success is a clear demonstration of what can be achieved when your workforce is happy and engaged.”
Nicole Ashe, the Head of People and Culture at Propsa added, “We’re working hard to build a culture that nurtures talent, fosters collaboration and communication, and drives performance and development. Sustained engagement and a good cultural fit starts with the recruitment process. We use structured interviews and a centralised hiring process to make sure our team is built for longevity.”
Prospa Joint CEO Greg Moshal concludes, “Prospa has an ongoing commitment to its people, and these types of accolades let our team know that they are making a real impact to the business. To be recognised in this year’s AON Hewitt awards as such a young company proves that a high performing culture and company can be built early on if you focus on the right things.”