Training In Kenya.Budgeting and Budget Control of the HR Function

Course Description
The manpower planning is interlinked with Organization planning and the HR planning. Organizational success depends largely on how closely the HR department can integrate effective people planning with the organization’s business planning process. Corporate business planning seeks to identify various factors critical to the success of the organization. It also focuses on how the organization can become better positioned and equipped to compete in the market. Manpower Planning & HR budgeting contributes significantly to the corporate business process by providing the means to accomplish the outcomes desired from the overall organizational strategic planning process. This course will take participants through practical HR budget components and the essential elements of manpower planning systems.

Course Objectives:

Participants you will be able to:
•    Understand the purpose of a budget
•    Compile and interpret budgets
•    Identify the key components and cost factors in an HR budget
•    Understand budget metrics and their influence on corporate strategy
•    Understand components of effective Manpower Planning Systems

Seminar Details
Date:                 23rd & 24th January 2014
Venue:              Nairobi Safari Club
Charges:           Ksh. 40,500 per Participant

Who Should Attend?
This course is a must for HR Managers, HR Directors, HR Officers, HR Supervisors, HR Analysts, Head of HR, HR Specialist, Training Manager, Career Development Managers, Talent Managers, Personnel Managers, Financial Manager, Administration and Office Managers, and other professionals who want to expand their knowledge on HR

Note:
•Participants will be issued with Certificates of Participation on completion of the 2 day course.
•Fee covers all Training Materials/Reference Manuals, Certification; Give away, Teas, Snacks, Lunches and Refreshments.
•Training Materials will be availed to the participants after the training in a CD format

DETAILED COURSE OUTLINE

What Is A Budget?
•    Introduction to organisational finance
•    The link between budgets and organisational goals
•    Cash flow forecasts
•    Preparing a budget

The Purpose Of Budget
•    Cost control
•    Planning revenue and expenditure
•    Monitoring plans against actual

Components of An HR Budget
•    Manpower planning
•    Compensation costs
•    Recruitment and selection
•    Training and development
•    Performance management
•    Administration
•    The “cost culprits”

Building An HR Budget
•    Successful forecasting
•    Flexible budgeting
•    Zero-based budgeting
•    Counting the cost of HR     Budget Metrics For HR
•    Budgets and Return On Investment (ROI)
•    Budgets and discounted cash flows
•    Budgets and Internal Rate of Return (IRR)

Measuring Financial Performance
•    Monitoring budget performance
•    Variance analysis
•    Management by exception
•    Accountability and responsibility

Manpower Planning Within an Organisation
•    Analysing the current Manpower Resources
•    Reviewing Employee Utilization
•    Forecasting the demand & supply for Employees
•    Developing a Manpower Plan
•    Understanding the Link between Manpower Plans And Business Financial Plans

To book,send us an Email at info@graysoncl.com

Contact Mercy on the contact shown here below for further information regarding this Seminar.

Grayson Consulting Ltd
G.V Plaza, Hurlingum Woodlands Lane 2nd Floor
Tel: 020 261 7718 | 0770 991 893 | 0717 969 720
Email: info@graysoncl.com | mercy@graysoncl.com