Need Help Creating a Detailed HR Budget Format with All Components and Projections?

Hi Friends,

Please provide me with a sample format of the HR Budget in an exhaustive and detailed manner, including all components and projected escalations that are incorporated.

Thank you in anticipation.

Regards,
Madhav
email: madhav.hr@gmail.com

HR BUDGET ELEMENTS

The elements in the HR department budget would vary with company policy, budget process, company accounting system, and the nature of the business operation, etc. Here are 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.

Hope this is useful to you.

Regards