HR Budgeting: Sharing My Excel Sheet for Your Feedback and Suggestions

Dear HR Friends,

I joined this forum one month ago, and I would like to express my gratitude to all the community members for sharing valuable information on HR that is beneficial for others. I have gathered a lot of insights from this forum, and now it's my turn to contribute by sharing information from my side. I am attaching the "HR BUDGETING" Excel sheet for your reference. I welcome any valuable suggestions on this.

Thanks,

Dear Saravana & Hari,

Thank you for your comments. Moreover, it's not confidential data. It's only the guideline to proceed for making the HR Budget and contents of the same.

Amit

Hi Amit,

This is a good piece of work. However, I have some doubts. For example, security, books, etc., are included, which I don't think should be part of HR.

Regards,
Meghal

Dear Meghal,

Security, books, and journals are the responsibilities of a Generalist in HR, falling under Administration. The billing and contract aspects are also part of HR.

Hope this clarifies things.

Thanks,
Amit

Hi,

Thank you for the information you have provided. I just have a clarification: does administration-related details, such as security and stationery expenses, also fall under the HR budget?

Regards,
Preethi

Hi Preethi,

If the Administration is a part of HR in an organization, then it will definitely come under HR. If it is separated, then the admin budget can be different. In manufacturing companies, the admin is mostly a part of HR.

Hope this is clear.

Thanks,
Amit

Hi,

Could you please elaborate on the attached sheet? I am working in an IT company and would like to know how I can collect all the data mentioned. Could you also explain what HR budgeting entails?

Thank you.

Please elaborate on how I can collect all the data as I am working in a chemical manufacturing firm.

Please tell me, what exactly is HR budgeting?

Hi,

The information provided in the Excel sheet falls under the HR budget. Yes, of course, security and books are also part of it. The presentation work has been done very nicely.