Pink Panther
hello people,
i need some help regarding the components of the HR budget. kindly guide me at this...
1. what generally are the components of the HR budget in an organisation?
Also, i would like to know about som of the companies which have some unique components in their HR Budget.
Kindly help me at this.
thanx & regards
Pink Panther.

From India, Pune
niranjas
Hi The general components of HR Budget are 1. Salary And compensation 2. Training Expenditure 3. Statutory welfare expenditure 4. Non STatutory welfare expenditure
From India, Madras
leolingham2000
260

HR BUDGET ELEMENTS
The elements in HR department budget would vary with
-company policy
-budget process
-company accounting system
-nature of the business operation
etc
HERE is a broad set of guidelines.
-recruitment/ selection [ internal/ outsourcing ]
-contractors [external ]
-salary/ wages
-training/ development [ includes induction/ orientation]
-staff benefits
-staff amenities
-workplace facilities
-workplace safety [ OHS]
-salary contingency
-workers compensation
-staff communication [ includes newsletter/ intranet ]
-labor relations [ legal/ investigations]
-HR administration
-HR travels
etc etc.
hope this is useful to you
regards
LEO LINGHAM

From India, Mumbai
sireeshadeol
4

HI LEO LINGHAM,
MANY THANKS FOR DESCRIPTION ON HR BUDGET.
I WANTED TO KNOW THIS.
PLEASE POST YOUR CONTRIBUTIONS IN HR SPACE(ANYTHING U FIND USEFUL AND WORTH SHARING) TO MY EMAIL ID AND SO WILL I IF YOU GIVE ME YOUR ID.
I AM AN HR MANAGER IN A BPO IN INDIA.
MY EMAIL:
Sireesha Deol

From India, Ahmadabad
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