HR Systems
HR Systems
Project details
What we need
- Audit of the existing systems and processes; the audit is limited to hiring and termination practices, work scheduling, payroll processing, benefits administration, insurance, and compliance with federal and state employment laws
- Recommendation for process improvements and software providers (if necessary)
- Implementation of chosen software (if necessary)
- Training on maintenance tasks
Additional details
We are a growing our team and operations and so are in need of updating our policies and systems. We currently do not have an HR team and so most HR matters are run through Operations. As we consider creating this department we would love advise on what will be most needed.
What we have in place
- We currently have existing policies, which should make it easy for you to get started. We also have a team ready to learn, and the ability to provide any other information you need.
How this will help
This project will save us $6,746 , allowing us to invest in 6 more impact businesses driving change in low income areas of Kenya
As we grow having an HR department will be important.
Project plan
Our mission
SOMO is the root of a Swahili word meaning "lesson". We are called SOMO because we all have lessons to learn from each other. Visionary entrepreneurs exist in informal settlements around the world.
SOMO identifies, trains, funds, and mentors entrepreneurs looking to drive social change by building enterprises in their own low-income urban communities. We invest in social entrepreneurs and provide the training and tools to help them build enterprises that change their communities from within. By investing in the right people, we help break the cycle of poverty and help bring long-term stability to urban slum areas.
What we do
Entrepreneurship Bootcamp
Our Entrepreneurship Bootcamp teaches business skills, storytelling, and financial literacy. The training is tailored to the needs of each entrepreneur and driven by the market research they conduct with our assistance. Training starts with problem solving and ideation, and is supported by market research and business planning. This is followed by financial modeling, digital literacy and capitalizing a business training.
Grow your Markets
Entrepreneurs are able to sell their products through SOMO. We have both a physical store and online retail presence. Featuring the wares of our talented entrepreneurs, the shop gives them access to a larger customer base and an opportunity to expand their businesses.
Business Coaching
As part of our Acceleration program entrepreneurs receive 1:1 coaching from both the SOMO team and our volunteer advisors. SOMO's advisors provide mentorship and help grow Somo businesses. Entrepreneurs have access to monthly startup series events where Somo advisors teach lessons on areas of expertise. Somo advisors provide 1:1 support to businesses either through office hours or by working directly with one enterprise.
Investment
As part of our Acceleration program, SOMO provides non- repayable financing to entrepreneurs for initial capital expenditures to get their ventures started. Later stage funding is provided as debt capital. Continued funding is contingent on success metrics developed by the entrepreneurs and SOMO team
Testimonials
Thank you for working with me. I learned a lot from you.
(No testimonial has been submitted by Deepti)