HR Budget Development

Use the following key discussion questions to help you dig further into the HR department budget considerations.. The text must be cited and you may choose to include additional sources if you wish.

Discussion Questions:

1. Did you agree or disagree on the budget the HR Director submitted? Why or why not?
2. What new expenses must be taken into consideration?
3. What would be some possible functions to outsource? Justify your answer with financial data and return on investment.
4. How will you justify and negotiate the HR budget?

   Reference to be used

   Berman, K. & Knight, J. (2008). Financial intelligence for HR professionals. Boston: Harvard Business Review Press. ISBN-13: 978-1-4221-1913-6

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HR Budgeting

            The report will be looking at the HR budgeting and how the practice should be done. We shall be talking on the things that should be taken into consideration when doing the budgeting of any company. There are very important things that should be put into consideration when developing the budgets of any company. The work of developing the budget is mainly thus done by the human resource managers of any company. The manager is the head of the committee that is given the mandate to creating the companies…………..

APA

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