Prospa recognised as an important place to work


On-line small enterprise lender Prospa has been recognised by Nice Place To Work as one of many prime 20 greatest workplaces in Australia for 2023.

“Australia’s Greatest Workplaces” is an annual listing that recognises corporations who show unwavering dedication to bettering the worker expertise and are pushing boundaries in the case of office insurance policies, utilizing confidential quantitative and qualitative suggestions from workers on their firm’s tradition. The respondents have been requested to reply to 60 statements on a five-point scale and reply two open-ended questions.

“We’re proud to obtain this recognition and humbled by the help from our workers,” mentioned Greg Moshal (pictured above left), co-founder and CEO at Prospa. “It’s, in any case, our individuals who make Prospa an important place to work by bringing their full and genuine selves to work each day.”

“When your objective underpins what you do and the selections that you just make, it energises your workers, conjures up larger and bolder pondering at each degree and interprets to nice experiences to your prospects,” Moshal mentioned. “It’s our objective, values and workforce spirit that powers the nice work we do to unleash the potential of each small enterprise.”

Prospa has pioneered new methods of working and construct an distinctive worker expertise over the previous 12 months, consists of launching a brand new value-led efficiency and development framework, the place workers are equally evaluated on efficiency outcomes and values throughout annual efficiency opinions, which in flip, ensures that Prospa can help the expansion of its folks because it continues to construct a high-performing organisation.

The work Prospa has carried out to make sure its values are embedded throughout the organisation is mirrored in its most up-to-date Nice Place to Work worker survey, the place 97% of its employees mentioned they perceive Prospa values and what they appear like in motion.  

“This daring method of assessing efficiency implies that how workers acquired to outcomes issues simply as a lot as what outcomes they’ve achieved,” mentioned Elise Ward (pictured above proper), chief folks officer at Prospa.

“It’s a part of our technique, to make sure our values are embedded throughout all the things we do and lived each day. It’s not about paying lip service; values are our secret sauce that enables us to construct excessive performing groups, appeal to the very best expertise and ship buyer experiences that genuinely make a optimistic distinction of their lives.”

Prospa mentioned additionally it is dedicated to constructing an actual, inclusive, and equitable office by means of its strong benchmarking course of, its parental go away insurance policies, worker wellbeing advantages, and two-way suggestions loops throughout the organisation. The lender additionally frequently hosts Ask-Me-Something with government leaders, to allow workers to share their concepts and views on the enterprise technique. 

To help in its workers’ skilled development and private improvement, the corporate supplies a variety of studying and improvement alternatives, together with its life and studying allowance, Prospa Academy, common Hackathon occasions, and Studying Week.

Along with becoming a member of the rank of Australia’s greatest workplaces, Prospa additionally acquired its 2023 certification as a Nice Place to Work in Australia and New Zealand, having been formally licensed since 2019. To earn this certification, corporations are scored in opposition to international requirements and benchmarks for worker expertise, to show they’re delivering an overwhelmingly optimistic worker expertise.

Roland Wee, managing director of Nice Place To Work Australia and New Zealand, congratulated those that made it to the very best workplaces listing.

“In at this time’s expertise market companies must put their greatest foot ahead to showcase their nice office tradition to retain excessive performing workers for the years to come back,” Wee mentioned. “Corporations who’ve made it onto this years’ Greatest Workplaces listing are a testomony to persistently bettering and sustaining their nice office tradition practices.” 

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