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

From India, Hyderabad
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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

From India, Udaipur
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