IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

HR Budgeting Fundamentals: Translate Your Goals into Revenue Terms (OnDemand Webinar)

$149.00

SKU: 411729EAU

Description

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.

Date: 2024-11-13 Start Time: End Time:

Learning Objectives

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

No Credit Available

Adele L. Abrams, Esq., ASP, CMSP-Law Office of Adele L. Abrams P.C.