Hot innovation area: L&D/Benefits
MYOB lists innovation as one of its core values, so it’s hardly surprising to see it excelling in several areas. To cite just two – L&D and benefi ts – almost doesn’t do the company’s unique employee offerings justice. Learning Lab is an award-winning L&D framework consisting of four key categories (Managers Lab, Trade Lab, Leaders Lab and Life Lab), which offer personal and life learning focusing on how to live wisely and well. A concept called ‘share the love’ allows team members to teach each other on topics they are passionate about.
On the benefits front, ‘Kudos’ aims to reward and develop high-performers by providing the development and reward options they value. There are four options to choose from, including a mentoring program with executives, lunch with the CEO, $1,000 to put towards an external development program, and additional leave days. Meanwhile, the Purple Film Fest utilises Instagram to deliver a short film festival to employees. With over 150 submissions in 2015, the event draws on the creativity of the team, encourages collaboration, and rewards cast and crew with fame (internally) and fortune (10 x $500 prizes).