This course will provide delegates with the skills needed to fully understand the costs involved with HR that allow them to present a realistic case to management. It will feature case studies, business simulation and practical group exercises to show delegates how to prepare, monitor and control the HR budget and, most importantly, understand the link between organisational ﬁnance and HR budgets.
Who Should Attend
These courses have been specifically designed for all HR professionals responsible for the budgeting and/or manpower planning of their organisations, including:
- HR Managers and Directors
- Manpower Planning Managers
- HR Officers and Supervisors
- HR Analysts
- Career Development Managers
- Heads of HR
- HR Specialists
- Training Managers
- Personnel Managers
- Administration and Office Managers
Benefits of Attending
- Identify the key components and cost factors in HR and build an effective HR budget
- Develop advanced professional budgeting techniques which will help you manage and forecast effectively
- Build, monitor and control your HR budget and understand how it links to organisational finance
- Understand how linking budget control of HR and effective manpower planning will lead to organisational success
- Investigate how manpower planning can be strategically integrated into organisation and business objectives
Continuing Professional Development (CPD)
Established in 1996, The CPD Certification Service is the independent CPD accreditation centre working across all sectors, disciplines and further learning applications and supports policies of institutional and professional organisations globally.
CPD is the term used to describe the learning activities professionals engage in to develop and enhance their abilities and keep skills and knowledge up to date. This course is an accredited Continuing Professional Development (CPD) training which means it meets CPD standards and benchmarks. The learning value has been scrutinised to ensure integrity and quality.
Peter Hofmann is a professional business management consultant with over twenty years of experience in business skills management training facilitation. He has successfully facilitated various courses in the MENA region for over ten years.
Following his graduation Peter started his career in a corporate financial services environment where he established and built up successful departments focused on operational and executive management and board liaison over a period of almost twenty years.
He is currently an Executive Director of MFX Options and Solutions (Pty) Ltd, a South African based consulting practice established in 2004 and specialising in providing business management and strategic and operational management consulting services to globally-based clients. This client base has included UAE, KSA and Oman-based organisations in the infrastructural development, construction, property management and retail industries. Projects undertaken by MFX for its international clients have included the development of budgeting models and HR strategies, policies and related implementation plans.
His wealth of experience within the consulting environment provides a basis for incorporating meaningful practical examples in the training courses that he facilitates.
Upon completion of this training course, participants will earn a digital badge.
Earners of the Budget Control of HR badge are able to understand the associated costs related to HR and present a realistic case to management. They are able to build, monitor and control a HR budget and understand how it links to organisational ﬁnance.
Identify cost factors in HR, build an eﬀective budget, develop advanced budgeting techniques, utilise budget metrics, compile and interpret budgets
- Attend and participate in the 3 full days of training course duration, led by the designated training expert, with less than 2 hours of noted absence.
- Successful completion of the course assessment
Attend In-Person or Remotely
Attend In-Person or Remotely
|HYFLEX COURSE FEE|
Pricing excludes 5% VAT, which will be charged where applicable.
Course fees include documentation, luncheon and refreshments. Delegates with full attendance and successful assessment completion will receive an Informa Certificate of Completion and a digital Certificate of Continuing Professional Development (CPD UK). A hard copy will be provided to in-person learners and a soft-copy will be provided to virtual learners.