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Human Resource Budgeting Training Overview

The Human Resource Budgeting Training provides a comprehensive understanding of budgeting principles within HR operations. It introduces learners to payroll management, recruitment costing, and resource allocation techniques. The course explores methods to build realistic HR budgets that balance business objectives with employee needs.
 

Formal training helps HR professionals improve their financial decision-making and cost control skills. It enhances strategic workforce planning, supports efficient resource utilisation, and ensures compliance with organisational financial policies.
 

At Training Deals, we offer HR Budgeting Training that is practical, analytical, and business-focused. Our expert instructors provide case-based learning and real-world budgeting exercises. With flexible learning and continuous guidance, we help learners develop strong budgeting and financial planning expertise in HR. 

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

  • Expert-led Training Sessions by Certified Instructors
  • Comprehensive Course Materials
  • Post-training Learner Support 

What You’ll Learn in this Course

This course takes you from understanding HR budgeting fundamentals to applying cost management and forecasting strategies effectively. Each stage strengthens your ability to manage HR finances efficiently. 

  • Learn the fundamentals of HR budgeting, cost planning, and forecasting 

  • Learn how to allocate financial resources for HR functions strategically 

  • Learn to prepare payroll, recruitment, and training cost budgets 

  • Learn how to monitor, control, and adjust HR spending effectively 

  • Learn to link HR financial planning with overall business strategy 

  • Learn how HR budgeting supports workforce efficiency and ROI 

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Frequently Asked Questions

It is a professional training course that helps learners develop budgeting, financial planning, and cost management skills within HR operations.

It enables HR professionals to manage departmental finances efficiently, contributing to better decision-making and organisational profitability. 

It is ideal for HR Professionals, Finance Officers, Team Leaders, and Managers responsible for HR financial planning and reporting.

Yes, HR budgeting and financial planning principles are applicable in all sectors, including corporate, education, healthcare, and government.

It equips learners with tools to forecast HR expenses, optimise costs, and align budgeting with strategic business objectives.

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