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 Winnipeg 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.

­­­­Winnipeg, a city in the Canadian province of Manitoba, has an average population of roughly 663,600 spread across 179.18 square miles of land.  At The Knowledge Academy, we offer 50,000 classroom based training courses throughout the different areas of Winnipeg, in order to enhance people’s learning in an array of subject areas.  Education in Canada is generally funded by federal, provincial, and local governments; the system is divided into primary, secondary and post-secondary education and is operated under provincial jurisdiction.  On the whole, there are 190 days in a school year, starting in September and ending towards the last Friday of June.  Some popular and highly regarded universities in Canada include: the University of Toronto (notable alumni including: William Lyon Mackenzie King, Vincent Massey, Donald Sutherland and Lesra Martin), the University of British Columbia (notable alumni including: Eddie Peng, Justin Trudeau and Nardwuar the Human Serviette), and the University of Alberta (notable alumni including: Dayo Wong, George Stanley and Beverley McLachlin). 

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Address

201 Portage Avenue
18th Floor
Winnipeg
Manitoba
R3B 3K6

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 Winnipeg. 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 Winnipeg, 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 Winnipeg 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 Winnipeg starts from CAD1695
The Knowledge Academy is the Leading global training provider for Human Resource Budgeting Training.
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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

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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