In a press release Employment Hero CEO Ben Thompson highlighted that this partnership will provide SME’s with a simpler and faster way to manage their HR services, HR support, employment law, migration services, recruitment or outsourced payroll with rostering and award interpretation.
“It takes 100 pages of paperwork to on-board an employee, this is often then sent by mail and stored in manila folders — a huge waste of resources and time. We remove all this paperwork, sending the right information to the right parties in a secure real-time environment,” Mr Thompson said in a statement.
“Our goal is to support 10,000 individual businesses by 2020. The ability to deliver Employment Hero to business owners through ANZ’s business bankers and their many other distribution channels is really exciting.”
ANZ customers will get access to the software in the coming months, with managing director for corporate and commercial banking Mark Hand stating that the deal was part of ANZ’s move to be more than just a bank.
“Without effective HR management, businesses are exposed to losing valued employees or breaching compliance requirements. Staying on top of the administration can not only cost them money and time, but can also take business owners away from growing their business,” Hand told The Australian.