HR Training | Human Resource Budgeting Training in Nottingham

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Human Resource Budgeting Training

Nottingham

Become familiar with roles and responsibilities of HR within an organisation.
Understand the structure, functions, and challenges of the HR department.
Attain knowledge of human resources to evaluate improved compensation.

Dates & Prices Dates & Prices

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

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 are in charge of 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.

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 Nottingham 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.

Nottingham is a city in Nottinghamshire, England and is around 30 miles south of Sheffield. Nottingham is most famous for its affiliation with Robin Hood and for its industries of bike and lace making and tobacco. Its population is around 310,000 people making it the second largest city in the Midlands. Schools in Nottingham are governed by the unitary authority of Nottingham and the Nottingham City Council. There are a large number of primary and secondary schools in Nottingham, including Alderman White School, The Holgate Academy, Rushcliffe School, Tuxford Academy, Serlby Park Academy and The Oakwood Academy.

There are several colleges, most of which were formed by the merging of lots of different smaller colleges. For example, Central College was formed when South Nottingham College and Castle College merged and New College was created when four small colleges joined together. There are several smaller academies and sixth-form colleges for educational purposes also. Independent schools also thrive in Nottingham; Nottingham High School was founded in 1513 and is the city’s oldest educational institute. There are two universities in Nottingham, the Nottingham Trent University and the University of Nottingham. These universities have a combined student population of around 61,000. Nottingham Trent University was founded in 1843 but only became a university in 1992 when the Nottingham Government School of Design was established. It is split over three different campuses across Nottingham.

The University of Nottingham is a public research university was founded in 1881 and has a variety of campuses in and around Nottingham, as well as some in China and Malaysia. It is most famous for its teaching in economics, law and pharmaceuticals as well as its teaching hospital, the Queen’s Medical Centre which is located outside Nottingham but still in the same county. Notable alumni include David Ross, co-founder of Carphone Warehouse, actress Ruth Wilson, actor Theo James and Nobel Prize winner Sir Clive Granger.

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Address

Nottingham

T: 01344203999

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 Nottingham. 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.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's HR Training | Human Resource Budgeting Training in Nottingham, 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.

Learn more in our FAQs

Experience the most sought-after learning style with The Knowledge Academy's HR Training | Human Resource Budgeting Training in Nottingham. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led HR Training | Human Resource Budgeting Training in Nottingham sessions.

Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Learn more in our FAQs

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.

Tailored learning experience

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

Maximise your training budget

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

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

Monitor employees progress

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

Learn more in our FAQs

What our customers are saying

I just finished the Human Resource Budgeting Training with trainer Vivek Singh. It has been fantastic! It was a 1-on-1 training session, which I liked as I was able to ask questions and got a lot of content. I feel like I learned a lot and appreciated the time and effort from Vivek. He explained it very well and was knowledgeable. Also, I like the fact he gave examples and shared documents/information afterward. Thanks, Vivek

Larissa Wieland

HR Training | Human Resource Budgeting Training in Nottingham FAQs

What is the HR budget?

HR budget is a yearly projection of an organisation's costs and expenditures related to human resources.

What are the pre-requisites?

There are no formal prerequisites for attending this Human Resource Budgeting Training course.

Who should attend this 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

What are the benefits of the HR budget?

Budgeting for human resources enables employees to plan their yearly financial activities.

What does Human Resources (HR) do within an organisation?

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.

What is the duration of this course?

This course is [ 1 ] day(s)

Why should I choose HR (Human Resources) as a career?

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.

What will I learn in this Human Resource Budgeting Training course?

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.

What is the cost/training fees for Human Resource Budgeting Training certification in Nottingham?

The training fees for Human Resource Budgeting Training certification in Nottingham starts from £995

Which is the best training institute/provider of Human Resource Budgeting Training in Nottingham?

The Knowledge Academy is the Leading global training provider for Human Resource Budgeting Training.

What are the best HR Leadership Courses courses in Nottingham?

Please see our HR Leadership Courses courses available in Nottingham

Why choose us

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.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"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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