Course information

Human Resource Budgeting Training Course Outline

Module 1: Introduction to HR Budget

  • Introduction to Budget
  • What is HR Budget?
  • Importance of HR Budget
  • What Does an HR Budget Include?
  • Why Do You Need to Plan HR Budget?

Module 2: Components of HR Budget

  • HR Planning
  • Recruitment
  • Remuneration
  • Performance Management
  • Administration

Module 3: Employment Law

  • Employment Contracts
  • Data Protection
  • Health and Safety Regulations
  • Grievance, Discipline, and Dismissal
  • Redundancy
  • TUPE
    • Transfers Covered by TUPE
    • Transfers not Covered by TUPE
    • TUPE and the Employee

Module 4: HR Policy

  • Devising the HR Agenda and Strategy
  • HR Policy Documentation
  • Creating an HR Policy Manual
  • HR Policy Reviews
  • Management of the Development of New HR Policies and Procedures
  • Implementation of New HR Policies and Procedures

Module 5: Payroll Functions

  • Salary Components
  • Designing CTC
  • Salary Processing
  • Attendance Management System
  • Full and Final Settlement
  • Professional Tax
  • Income Tax
  • TDS and LOP
  • Overtime (OT) Wages

Module 6: Employee Relations

  • Support of Grievance Cases
  • Communication with Employees
  • Effective Employee Communication
  • Conflict Management
  • Employee Engagement

Module 7: Role of Manpower Planning within an Effective Organisation

  • Introduction to Manpower Planning
  • Steps in Manpower Planning
  • Importance of Manpower Planning
  • Need of Manpower Planning

 

 

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Who Should Attend the Human Resource Budgeting Training Course?

The Human Resource Budgeting Training is designed for HR professionals, managers, and finance personnel who are involved in budgeting and financial planning within the HR function. This course will be beneficial for professionals, such as:

  • Human Resource Managers 
  • HR Business Partners
  • Compensation and Benefits Managers
  • Talent Acquisition Specialists
  •  Development Managers
  • HR Analysts
  • Finance Managers and Analysts
  • Budgeting and Planning Professionals
  • Department Heads

Prerequisites of the Human Resource Budgeting Training Course

There are no formal prerequisites to attend the Human Resource Budgeting Training Course. However, a basic knowledge in Human Resource management would be beneficial.

Human Resource Budgeting Training Course Overview

HR (Human Resource) is a group of people who oversee employee management, which includes recruiting, hiring, onboarding, training, firing, and administering employee benefit programmes. HR (Human Resource) Budget is a yearly projection of an organisation's costs and expenditures. Budgeting for human resources enables employees to plan their yearly financial activities.

This training helps individuals who want to become HR make wise decisions on the selection, development, and training of staff members. Studying this training equips learners with payroll functions for the calculation of each employee’s salary owing based on the terms of their payment agreement. Pursuing this training helps individuals get equipped with the necessary skills and techniques to enhance their career opportunities and increase their earnings.

The Knowledge Academy’s 1-day Human Resource Budgeting Training course provides delegates with comprehensive knowledge about HR budgeting that helps organisations understand their staffing needs. During this training, they will become familiar with HR budget funds that are used for salaries, training and development, and hiring of employees. They will also learn about employment laws that protect the rights of employees and employers. This course will be led by our highly skilled and knowledgeable trainer, who has years of experience in teaching and will help delegates get a complete understanding of this course.

Course Objectives

  • To understand organisation goals and the overall corporate plan
  • To learn how to create department budgets and methods of HR budgeting
  • To identify the areas of flexibility and monitor the budget regularly
  • To establish HR policies for encouraging fairness within an organisation
  • To compile all job-related information that an employee must know
  • To learn about human resource planning and recruitment processes

At the end of this training, delegates will be able to create a budget for HR and link the HR budget with organisational finance and monitoring. They will also be able to control and build the budget and identify the key elements and cost factors in HR.

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What’s included in this Human Resource Budgeting Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Human Resource Budgeting Certificate
  • Digital Delegate Pack

Why choose us

Our Montreal venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Montreal is the largest city in the province of Quebec and is the 9th largest city in the whole of the continent of North America. The city is named after the hill in the heart on the city called Mount Royal. It has and estimated population of roughly 1.65 million people. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Parents can choose between sending their children to one of the public schools or they can sent them to a fee paying private school. Those who live in Montreal and find that picking a secondary school is a fraught decision involving school zones and ratings. Royal West Academy is one of the most prestigious schools in Montreal. It is a public Anglophone secondary school that performs excellently academically. Royal West Academy is part of the English Montreal School Board. The schools mission is to provide a structured environment for those who are committed to academic study. They offer top computer training courses and have an appreciation for the arts, social issues and community responsibilities. To enter this school students must pass an entrance exam due to the limit places that are available. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Montreal has the highest concentration of post-secondary students of all major cities in North America. There are 4 universities, seven degree awarding institutions and 12 CEGEPS (publicly funded pre‑university college in the province of Quebec) in a 5 mile radius. The University of Montreal is the second largest research university in the country. It is ranked 115th in the world and is the 5th highest ranked Canadian university in the world rankings. The university is affiliated with two other higher education institutions in the area; the École Polytechnique de Montréal (School of Engineering) and HEC Montréal (School of Business). The school of business is widely regarded as being one of the best business schools in Canada. The University of Montreal is a Francophone institute which means the lessons are taught predominantly in French.

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Address

Regus,
2001 University Street, Suite 1700
Montreal
Quebec
H3A 2A6

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led HR Training | Human Resource Budgeting Training in Montreal. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's HR Training | Human Resource Budgeting Training in Montreal, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

HR Training | Human Resource Budgeting Training in Montreal FAQs

HR budget is a yearly projection of an organisation's costs and expenditures related to human resources.
There are no formal prerequisites for attending this Human Resource Budgeting Training course.
This training course is intended for anyone who will be responsible for human resources management. However, this training course will be more beneficial for: • Supervisors • HR Managers
Budgeting for human resources enables employees to plan their yearly financial activities.
HR is responsible for recruiting employees, hiring the right employees, processing payrolls, conducting disciplinary actions, updating policies, maintaining employees' records, and conducting benefit analysis within an organisation.
This course is [ 1 ] day(s)
An Influential position, a handsome salary package, the ability to alter people's lives, a secure position, helping with the development of other employees, a fast-growing industry, and working with new faces are the top reasons to choose HR as a career.
In this Human Resource Budgeting Training course, you will learn about HR budgets, various components of HR budgets, employment law, payroll functions, employee relations, the roles of manpower planning within an effective organisation, and other related concepts.
The training fees for Human Resource Budgeting Trainingin Montreal starts from CAD1695
The Knowledge Academy is the Leading global training provider for Human Resource Budgeting Training.
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Flexible delivery methods are available depending on your learning style.

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Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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