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Human Resource Management for MFIs

Faculty:

Language

English/TR French

Programs:

Description

The course is designed for MFI practitioners who would like to learn more about how Human Resources (HR) can play an important role in the success of their operations.

MFIs have two major resources: capital and people. Finance receives the most attention. However, more and more top managers are beginning to understand that MFI success depends on careful attention to human resources. It is essential that people throughout an organization are being managed well and appropriate HR systems are in place to reinforce this.

This course outlines the critical elements of strategic human resource management and provides practical tools and HR systems. Topics to be covered include recruitment and selection, personnel policies, optimal organizational structures, the performance management process, motivating employees, and training and development. The course is very interactive and is based on the HR Management Toolkit developed by MEDA for Microsave. It will include lessons and cases based primarily on African MFI experiences.

 

Objectives

  • Recognize and appreciate the importance of effective Human Resource Management for successful microfinance operations.
  • Understand the key functions of Human Resource Management.
  • Become familiar with systems and structures that support effective Human Resource Management.
  • Review tools and templates used in Human Resource Management.

 

Methodology

A combination of lecture, discussion, examples and case studies are used to explore the issues of HR Management in MFIs. This is not a hands-on “how-to” course and the content will focus on an overview of Human Resource Management. However, many practical tools are provided as handouts that practitioners can use to apply the principles learned during the course.

 

Prerequisites

Practical management experience in an MFI is ideal.

Outline

Five modules make up this course:

Module 1: Introduction to Human Resource Management

  • Model of Human Resource Management
  • MFI Growth, Institutional Culture and Organizational Structure

Module 2: Recruitment, Selection and Orientation

  • Recruitment and Selection Process
  • Orientation Program

Module 3: Salary Administrative Systems

  • Implementing and Maintaining a Salary System

Module 4: Personnel Policies

  • Writing, Distributing and Maintaining HR Policies

Module 5: Staff Performance Management

  • Setting Performance Objectives
  • Ongoing Performance Monitoring
  • The Annual Performance Appraisal
  • Training and Staff Development
  • HR role in Training and Staff Development

 

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