New Zealand software development company Propellerhead has announced an exciting Employee Ownership Scheme which is part of its journey to becoming a self-managing organisation.
As well as giving existing employees the opportunity to have a stake in owning the company, Propellerhead's goal with the scheme is to attract and retain the best software development talent in the country.
Managing Director of Propellerhead, Andrew Weston, said the company has offered a range of innovative employee benefits since its inception nearly 20 years ago. "We have long adopted a holacratic organisational structure which is unique in the tech sector and has provided a physical work environment which reflects our philosophy that software development is a creative craft. Our recently introduced Employee Ownership Scheme is yet another innovative employee benefit we have introduced to help attract top-level developers in what is currently an under-resourced talent pool."
Propellerhead has previously supported hackathons including HackAKL, a transport-themed hackathon which we partnered with Auckland Transport to run.
Propellerhead also actively supports other STEM and IT-related initiatives, including Shadow Tech Day and Shadow IT (events allowing female high-school students to 'shadow' a female IT professional for a day in the workplace), MIT Code Camp (a boot camp teaching high-school students coding and computer game development), and JHack (an event bringing together over 100 students from over 20 high schools to complete in a series of programming challenges).
The company supported other charities, including OMGTech!, to help with their mission of teaching young New Zealanders how to utilise technology.
