HR Financials ( Workforce Planning and Budgeting )

This training course is designed to provide participants with the knowledge of managing human resources (HR) and the finances related to it. This course focuses on models, structures, techniques, and processes for managing HR and transforming the HR function to assume a more strategically central part of an organization.

Having a deeper understanding of the financial side of business, HR managers can gain valuable insight into company strategy and can make their HR department an indispensable component of their organization. 

• Gain a comprehensive understanding of the key financial statements and the HR department budget. 
• Identify the components of the HR budget.
• Allocate, monitor, and control the budget for HR.
• Effectively link HR budget with organizational finance and monitoring. 
• Learn the key elements and cost factors in HR