Armenian HR AssociationAnnual Performance

December 2011

Our mission is to establish a professional HR community in Armenia, whichwould contribute to formation and development of an efficient HRManagement structure via successful combination of internationalexperience and national characteristics.

OUR MISSION AND VISION

24 registered members to HR Association,including 5 Board members

Arrangement of 6 HR clubs

Discussion of HR related draft bills with government authorities (temporary disability benefits)

Master Class by Doctor Yelena Yakhontova

Design and development of HR Association Website

ACCOMPLISHMENTS

ANNUAL FINANCIAL STATEMENT

• Membership fees – 1,635,000

Total Debit - AMD 1,635,000

• HR Club arrangement – 212,970

• Master Class – 264,760

• Office rent – 200,000

• Website design – 162,500

• Legal advice – 40,000

• Administrative expenses – 753,722

Total Credit – AMD 1,633,952

DEBITCREDIT

HR Club Meetings• January 20

• March 16

• April 20

• June 22

• September 14

• October 19

• November 30

Professional Development

• HR professional certification in Armenia

• HR professional standards

• TOT course

• Other trainings

Improvement of HRM Framework

• HR regulatory measures

• Active involvement in discussions on proposed legal amendments and new labor laws

HR Advocacy

• Organization of Competition “The Best HR Project of the Year” December

• “Guest Project”

• Development and printing of HR Dictionary

• Popularization of Website

• HR Conference September

PROJECTS FOR 2012

At least 1 year experience in HR industry

Willingness to participate in HR Association-related

matters and specific projects

Membership fee

TERMS OF MEMBERSHIP

• Membership Fees• Company pays for:

• I member – AMD 100,000

• II member – AMD 50,000

• III and more members – AMD 25,000

• Individual pays: AMD 50,000

1

• Donations from stakeholders of HR industry development2

FUNDING

Thank you