HR Budget [Thread 522512]

Hi Team,
Can any one help me with a cost effective Recruitment and L&D budget for a mid sized IT, ITES company, i am in the process of supporting an organization set up there HR team.
please help me.
Regards,
Manu

Dear Manu,
Budget for recruitment and employee would vary depending various parameters. Your recruitment budget will depend on manpower attrition level, whether diversification planned into new businesses, likelihood of introduction of new products etc.
To know more about training budget, click the following link:
https://www.citehr.com/521218-standa...per-annum.html
The above link will not settle your query directly nevertheless, points mentioned in my reply are relevant for budget also.
Thanks,
Dinesh Divekar

Hi Mr. Dinesh,
Thanks a lot for your prompt response, what if i tell you the man power plan for 2015-2016 is say 130 and the company do not have any history of Recruitment Budget as such, then how is that you would make the budget.
Regards,
Manu