Archive for May 9, 2013
There comes a time in the growth of every company when whomever is in charge of Human Resources goes to the president and says, “We need help.”
HR does not necessarily need more people to do the repetitious filing, collecting and administration of policies, it needs a systematic approach that can save everyone time and money. HR needs a Human resources management system.
If you are thinking about a Human Resources management system, here is a checklist of things to consider:
O The first and most basic function of a Human resources management system should be to streamline a lot of what happens every day in managing HR functions. If a human resources solutions proposed to you by a vendor seems complicated, it probably is. The “human capital” of your company will not feel served, it will get ticked off. Simplicity and effectiveness. Simplicity and effectiveness. Simplicity and effectiveness. Get that right and you will never regret it.
O Make sure what is being offered will work on your systems. The original Human Resources management systems ran on mainframes (and some still do in larger corporations). Client server architecture changed that, but today many Human Resources management systems can be hosted offsite and be available online any minute of any day. Make sure vendors show you solutions like that.
O Include a training module in your Human Resources management system to not only track training your people have, but also to develop succession planning matrices for your senior managers.
O Look at Human Resource management software that employees can easily interact with, accessing their own HR information (payroll, benefits, training schedules) and signing on for things (like yearly benefit renewals) themselves.
O Make it useful to management. Every business reengineers or reinvents itself, and the Human Resource solutions you choose should be able to assist in that process, providing data senior managers need to see. The Human Resources management system you choose must also enable senior HR managers to validate their efforts as they align HR with business strategy and implementation.
O Provide a feedback mechanism though the Human resources software you choose. Give employees a voice and prove that you are listening by responding.
O Make sure the system you use is scalable. Growth happens, and the system must be able to grow with the company and still be efficient and effective. It must also be able to parse if your company is merged, split or downsizes.
If you are planning on making a trip to the Middle East and need to have a conversation with someone about Iraqi currency, you need to speak with a Dinar banker because they will tell you that the Dinar has been in place since it replaced the Indian rupee that was brought in by the British when they occupied the country during the first World War. Since Dinar bankers have been able to dole out the current Iraqi currancy, they have seen many banknote denominations rise such as the fifty and hundred dollar notes introduced in 1991 as well as the two hundred and fifty note that came in 1995. Dinar bankers were also able to work with the ten thousand note introduced in 2002 in order to make it easier for larger transactions to be done as well as interbank transactions.
Another currency that Dinar bankers worked with at some point was the fils, but because of inflation, fils are now obsolete and forgotten. Fortunately, buying Iraqi dinar is something that is easy to do and can be done through a Dinar banker once you are ready. In doing so, you should have no trouble with getting as much currency as you need to travel about Iraq.
The three US states that contain the largest numbers of Iraqi born populations are Michigan, and California, as well as Illinois and if any of the people there decide to return to their homeland, it is likely that they will go to see a Dinar banker. Fortunately, this people will also find it just as easy to exchange Dinars to dollars when they decide to come back to the US. In doing so, it will be easy to use the appropriate currency for each country.
While you may not realize it, US currency is actually widely accepted in Iraq. This is because the sale of oil is always done in US dollars and therefore, they have become an accepted currency within Iraq. While this is true, Dinars are still the local currency and if you travel to Iraq, the respectful thing to do would be use them while you are there.
Remember that it is easy to exchange your Dinars when you leave Iraq which means there is nothing to prevent you from acquiring them in the first place. You will enjoy your time there more with local currency anyway. You may even keep a few Dinar as souvenirs.
For more, read this link: www.gidassociates.com