• Employer of Choice 2014

Heritage Bank

Heritage Bank has been recognised as an Employer of Choice in The Australian Business Awards 2014.
The Australian Business Award for Employer of Choice recognises organisations which have developed leading workplaces that maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention.

Heritage Bank is Australia’s largest customer owned bank with 100 branches and mini-branches in southern Queensland. Mortgage brokers also provide access to its range of services across Australia. Heritage’s online and mobile banking, telephone services and nationwide network of ATMs allow these customers to get the full benefit of deposits, lending and insurance products that are available to Heritage’s branch customers.

Heritage Bank’s commitment to being an employer of choice is evident with an independent survey revealing a positive employee engagement rating of 88%. Performance planning and reviews, incentive schemes, recruitment and training are all connected to Heritage’s focus on customers, staff and community. In 2013, Heritage Bank introduced the Step Forward program targeted specifically to high potential female employees. Specific programs were developed for the various levels of participants including the Step Forward Contender Conversation between senior management and the participant, online assessments designed to identify development opportunities, career planning, workshops and Next Step Forward – a networking function with Heritage Bank’s female Senior Managers. Results of the initiative have been astounding: of the original 26 participants, six have been promoted, three have transferred to roles in other parts of the business and four have commenced external study.

The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.

The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. The Employer of Choice Award recipients will participate in the international chapter of the program at the World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.

The process culminates in the selection of organisations which maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention. The recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.

Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The Employer of Choice Framework is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.

The key attributes of the Employer of Choice Framework define the characteristics of high-performing, industry leading organisations that provide a stimulating and supportive workplace. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The program provides a notable opportunity for high-performing organisations which implement world-class human resource management practices to be acknowledged and celebrated for their achievements both nationally and internationally.

Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum human resource management practises and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.

The program provides the ultimate platform for building knowledge, increasing employer brand awareness. reputation, equity, loyalty and retention through increased exposure, recognition and prestige.

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2018-09-11T16:13:23+00:00