Training and Developing is a vital activity every organization must undertake periodically.
The ever growing competitions businessess face today requires every business owner to upgrade the skills and knowledge of every new and existing staff of the organization.
A major step in planning for training and developing of staff is by drafting an HR budget. The HR budget is a concrete financial plan on how employees will be financed and managed over a period of time.
The HR budget outlines in details all resources needed to train, develop, recruit and remunerate human resources of the organization. This is usually prepared by a qualified accountant or an HR manager
This powerful excel template gives managers and business owners all necessary tools needed to set-up and prepare a workable HR budget for any organization.