Learn the basics of HR budgets and how to present it to the company to show HR’s worth.
Human resources department plays a vital role in every company. It is also the department that costs money and does not bring in any profits so many organizations do not understand its importance to the success of the company. It is important that HR professionals understand the fundamental concepts of an HR budget. The HR budget includes everything from salaries and benefits to recruitment costs, development programs and HR technology. HR plays a pivotal role in budgeting as it directly impacts an organization’s most valuable asset, which is its people. HR professionals are responsible for estimating the costs associated with hiring, developing, retaining talent and ensuring compliance with the labor laws and regulations. In this webinar, you will learn the basics of HR budgets and how to present it to the company to show HR’s worth.
Learning Objectives
- You will be able to review the basics on HR budgeting and why it is important.
- You will be able to define how to prove HR is worth the money.
- You will be able to identify the key formulas that all HR professionals should know.
- You will be able to discuss the key components of an HR budget.
Agenda
Overview of HR Budgeting
- What Is HR Budget?
- Understanding the Basics
- What Goes Into the HR Budgeting Process?
- How Does HR Align Its Budget With Company Strategies Impacting the Bottom Line?
How to Prove HR’s Worth
- Use Metrics to Show How the HR Department Helps Save Money
- Create an Efficient Culture
- Show How HR Innovations Can Change Your Workplace
- Show Strategic Value in Placing Employees
- Predict Future Company Needs Through Human Resources
Key Formulas HR Should Know
- Understanding Organizational Objectives
- Historical Data Analysis
- Workforce Planning
- Compensation and Benefits
- Training and Development
- Technology and Tools
- Communication and Employee Engagement
- Measurements
Speakers
Jackie A. Sexson,
Fortune 200- Compliance manager with Fortune 200 company
- Former executive director with the legal and human resources consulting firm, The Sexson Group
- Extensive experience in employment and labor law, as well as human resources
- Has a legal and HR background in employee relations, performance management (360-degree feedback), organizational management, benefits administration, recruitment and selection, compensation, equal employment opportunity, and training and development
- Experience with the public sector, Fortune 500 companies and small startup companies
- Held director and executive level positions, and worked as an independent consultant
- Certified as a senior professional in human resources by the Society for Human Resources Management
- J.D. and M.B.A. degrees
- Can be contacted at 303-513-6018 or jackie80504@gmail.com
Who Should Attend
This live webinar is designed for human resource professionals and benefits and payroll professionals.
