Watching the Journey of NGOs out of the Priorities and Challenges of Hong Kong

Hong Kong, the vibrant and fast-developing region of Asia, is home to many businesses, each with its challenges and opportunities. Among them, NGOs are absolutely different. These charities are bent on serving the community unselfishly but they run into obstacles that are different from those exist in the business sector. They are also facing challenges in both sectors due to economic uncertainty.

The Distinctive and Common Obstacles Encountered by NGOs in Our Days

Operating a nonprofit organization in Hong Kong is not free of complications. The limited funding sources of NGOs are a common hurdle that impedes their ability to carry out their missions effectively. The regulatory environment is also becoming even harder to navigate as new compliance requirements are constantly being introduced. Talent acquisition and retention become difficult because NGOs often have to fight for employees with great benefits from bigger firms. Last but not least, NGOs have a lower pace of technology adoption, which further translates into work inefficiencies.

On the contrary, some problems challenge both NGOs and other industries. For example, the need for skilled staff is common across all sectors. NGOs, like other firms, are pressured by severe competition which makes it important to have solid recruitment plans. In addition, the culture at the workplace and the level of employees involvement have a major impact on attracting and keeping the best staff regardless of the industry.

Overcoming Professional Issues with Help of HCM Systems

It’s plain really that the setting up of an advanced Human Capital Management (HCM) system will have a huge positive impact on the difficulties faced. The entire HCM is this sprawling nature of URL that it is simple to change the HR and make it that much easier for NGOs to find and keep the good stuff. Furthermore, they will be able to manage the payroll best by automatically running the calculations, which will reduce both errors and the administrative burden considerably. Besides the effective rostering and workforce planning features that assure the NGOs of optimum allocation of resources, the system also has the added advantage of increasing operational effectiveness, even with a lean workforce.

In addition, HCM systems have performance evaluation tools that attend to continuous assessments of employees, and they aid NGOs in fostering and growing talent internally. Hence, organizations are able to zero in on their core goal of serving the needful, while they are assured of their HR being on track. The added data and AI-empowered automation create a base for evidence-based decision-making, thus allowing NGOs to formulate strategies from a solid data-oriented viewpoint rather than just going on a hunch.

Recommendations for Achieving a Successful HCM

The successful implementation of HCM in NGOs depends on the insight of the organization on the needs of the firm and the alignment of the system to the very mission objectives. It is imperative to engage the total stakeholder in the process right from the initiation to the end including the training and support as part of the deal. Also, the measurement of results and spinning out the updates periodically could ensure that the system addresses directly the needs of the users at any point in time.

Advantages to the Multiable aiM18 HCM System

Take a look at five multiable aiM18 HCM system features that make the system beneficial to NGOs:

• Full Customizability: Provisions personalized experience, alters workflows, and setups to respond to the specific requirements of the NGO.

• Intelligent Roster Planning: Helps coming together of staff and resources, thereby maximizing operational performance.

• Powerful Payroll Engines: Payroll will be fast and will run accurately with these, which will also save on error and administrative costs.

• Unlimited Appraisal Forms: This will help in maintaining performance appraisal on a regular basis, which will, in turn, develop employees in a better manner and therefore increase retention. 

• Compliance Checker: Provides assistance to NGOs in regulatory navigation, ensures adherence to local laws.

e-MPF and Local Regulations Compliance Assurance

The aiM18 HCM system has e-MPF approval and it comes with MPF and IRD-compliant documents which help NGOs in Hong Kong to meet their compliance obligations. Automating these processes will let NGOs put their focus more on their missions rather than on the overwhelming administrative tasks.

What is Multiable HCM?

Multiable HCM is a cloud-native HCM (aka HRMS, HRIS or HR system). With over 6,000 customers, Multiable HCM gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.

What is LAIDFU (Let AI Do for You)?

LAIDFU is an AI tool for enterprise to build their own AI agents to perform various business AI tasks.

Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market.

EKP removes the hurdle of business AI adoption by most companies in using sensitive corporate data.

Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI tools.

LAIDFU empowers business, with or without an HCM system in place.