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Human Resource Budgeting Training Overview
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 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.
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
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Human Resource Budgeting Training. 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.
Live classes
Join a scheduled class with a live instructor and other delegates.
Interactive
Engage in activities, and communicate with your trainer and peers.
Global Pool of the Best Trainers
We handpick from a global pool of expert trainers for our Online Instructor-led courses.
Expertise
With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.
Global Reach
With classes running in all timezones, access any of our courses and course material from anywhere, anytime.
Unlock your potential with The Knowledge Academy's Human Resource Budgeting Training, 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.
Experience the most sought-after learning style with The Knowledge Academy's Human Resource Budgeting Training. 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 Human Resource Budgeting Training 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
Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Human Resource Budgeting Training 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 Human Resource Budgeting Training 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
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
Human Resource Budgeting Training 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 Maldives starts from $1295
The Knowledge Academy is the Leading global training provider for Human Resource Budgeting Training.
Please see our HR Leadership Courses courses available in Maldives
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
Human Resource Budgeting Training in Maldives
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