Financial institutions in emerging countries generally expand their activities gradually. Their staff grows accordingly and, along with this, new issues arise. Management is often at a loss when faced with these new HR management challenges.
Reaching this critical size makes it necessary to put in place effective HR functions that go beyond mere personnel administration. Institutions are often confronted with inadequately-qualified HR Management resources in local markets. Staff capacity building thus requires external technical support.
Each institutionís HR department must:
Assist line management in their daily monitoring of staff, while providing advice and tools
Build more complex organisational structures, as the institutionís development progresses, that include several job grades and skill levels
Reinforce compensation policies (salary scale, bonus, and incentives)
Manage careers in a long-term perspective, optimizing the evolution of resources and talent
Identify key resources thanks to an appropriate process evaluating performance and staff potential
Building an appropriate HR Management team that is capable of meeting such challenges is a key issue for all institutions that wish to continue expanding.
HORUS assists financial institutions in building and optimizing their HR processes
Annual appraisal interviews
Career management (career committee, mobility, promotion, etc.);
Talent management (talent reviews, high-potential employee development programs, etc.)
Training plans and skills development
Training unit set-ups and staff capacity building
Job grade scales and core skills table
Compensation policy (salary scale, incentives, performance bonuses etc.)
Complete HR cycle
HORUS provides assistance in setting up Human Resources departments or audit of existing HR deptartments
Audit of HR Management processes
Setting up and structuring HR Management Departments
Creating appropriate tools, policies and processes
Training and support for local staff on tools and processes put in place
Assistance in the selection of an HRIS system
Technical Assistance in Human Resources Engineering for Fondation Al Karama MC, Morocco (APP/Millenium, 2012).
Human Resources Department audit and implementation support for a new HR organisation structure at Amret, Cambodia (Amret, 2012).
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