Workshops
H R Budget
Course description
The HR Budgeting workshop is designed to provide HR professionals and managers with a comprehensive understanding of the budgeting process in relation to human resources. This workshop will equip participants with the skills needed to create, manage, and control HR budgets effectively to align with organizational objectives
What will you learn in this course?
1. Understand the Concept of Staff Costs
2. Understand the HR Budget Planning Process
3. Apply Best Practices in HR Budget Preparation
4. Identify and Analyze HR Budget Components
5. Conduct a Benefits Needs Assessment
6. Forecast HR Cost Items Accurately
7. Build an Advanced HR Budget from Scratch
8. Perform HR Budget Deviation Analysis
9. Create an HR Staff Cost Analysis Template
10. Analyze Budget Deviations and Understand Root Causes