kmaarthi Started The Discussion:
Hi, I’m currenly working on recruitment.I need guidance and your inputs on the following. 1.What is recruitment budget. 2.How do I plan for it. Regards, K.M.Aarthi
10th September 2007 From India, Madras

First, you will need to talk to your Business Heads/HOD's regarding the Sales/Productivity plan and ask them to project their Manpower requirement(make them specify the grade, projected CTC,etc) for the next year.
Also expenses for the current year or past year toward recruitment will help. The average of the previous yrs can be used to estimate the cost per position for each of below heads.
- Recruitment Agency cost (generally the cost varies between 8.33% to 12% of CTC.
- Cost towards print Advertising
- Cost towards Internet Portal subscription
- Relocation cost
- Pre-employment medical checkup.
- Candidate Interview travel,hotel,etc reimbursement cost.
I think this should give you a good estimate of your next years recruitment budget
10th September 2007 From India, Verna
Dear Aarthi, Pls find the attachement. Hope it will be useful to u. Regards, Gowri
10th September 2007 From India, Madras
Attached Files
File Type: xls recruitment_cost_analysis_808.xls (17.0 KB, 3245 views)
File Type: xls hr_budget1_433.xls (140.0 KB, 2530 views)
Hello seniors
Though am not able to fully understand how do we plan the budget for recruitment but still it was helpful.
If possible, then please someone can throw more light on the "planning of budget"
15th March 2008 From India, Bangalore

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