HR Budget Training

Next public session: 19th-20th of March 2012
Location: Bucharest, from 9:00 am to 5:00 pm
 
Why have a performance HR Budget?
Every manager is an HR Manager. Human Resources Department, like any other function in the organization, must contribute to the achievement of operational, tactical and strategic goals. Sooner or later, the organization’s goals are ”translated” into money. It is sometimes difficult to translate into money all the activities of employees, especially where HR staff training has not an economic background. This can be difficult even for those who are economists or have post-graduate studies in economics. The permanent connection of human resource with other resources of organization (materials, equipments, utilities, capital), like in an puzzle with all departments in order to ensure the desired outputs, should be primary concern of HR professionals. The management tool that makes this connection is the Budget of the Organization by Calculation Cost Extension. In the organization’s budget, labor costs (fixed and variable costs) are usually there in a substantial proportion.
 
Duration of training session:
The training session "HR Budget: Planning, Implementing and Controlling" lasts 2 days.
 
The objectives of the training session:
The two days of practical training focuse on all the activities you need to friendly design and implement an HR budget in your organization, involving all employees. The training aimes at both the Human Resources Budget for the entire organization and the Human Resources Budget for the HR Department, with an extension to Cost Calculation. Cost Calculation: standard cost (Direct and Indirect Labor Standard Costing) and the cost of activities (Activity Based Costing).
 

 

With video presentation 

 
The methodology of the training session:
The training session provides a theoretical and practical approach of Budgeting and Cost Calculation Techniques. The training session will begin with a reminder of basic budgeting and cost calculation concepts and techniques. The training methodology includes: PowerPoint presentation, questions/ answers, discussions in small groups, reminders, practical examples, demonstrations, case studies, video demonstration, simulations, role plays, participants learning from other participants, brainstorm, solving practical issues raised by participants. The training is based on the KAIZEN JAPANESE management philosophy (continuous improvement of business processes and reducing losses). The training is part of the suite of Productivity courses provided by Exegens.
 
What you will learn:
At the end of the training session you will be able to:
make relations between planning and budgetary control;
make relations between HR budgets and organization′s budget;
define basic terminology of cost accounting;
make a cost calculation on a product, particularly from the HR perspective;
purpose and principles of HR budget and HR cost calculation;
make the connection between the budgetary control of human resources and workforce planning effectively to meet organizational objectives;
make the connection between the overall business and financial strategy and HR;
identify HR budget key components and costs;
build, monitor and control the HR budget;
understand the connection between organization strategy and effective workforce planning;
use a budget methodology in 18 steps for proper sizing of workforce plan;
design a HR budgetary control report;
calculate labor costs per process: value added activities and non-value added activities;
design an activity based budget.
 
Who are the beneficiaries:
The training session is designed for all employees responsible for designing HR budget and/ or workforce planning (whether they have or not economic training) such as: human resource managers and directors, workforce planning managers, time measurement managers; human resource supervisors, human resource analysts, human resource assistants, career development managers, human resources department heads, human resources specialists, training managers, personnel managers, administrative managers, office managers.
 
Description of topics:
The concept of Controlling and HR Connection (Goal/ Objectives/ Concepts/ Definitions; Relations/ Principles, Cost Structures, HR Balanced Scorecard).
HR Job Costing (HR standard cost and the relationship between changes, describing variations in detail, reducing HR costs (ABC-ABM).
Budget and HR budget (budget planning, responsibilities, performance evaluation, HR budget preparation; HR Budget Relations, HR budget categories);
Flexible Budgets (HR standards and budgets, connecting HR performance and costs).
HR Budget Control & Control (definition of control, HR budget control, Analysis of HR budget changes, budget costs).
HR Budget Reports (effective budgetary control reports, meaning of budget variations; HR Budget Report - KAIZEN type, 10 types of human errors in the analysis of HR budget variances);
Problem solving: HR Budgeting and Costs - KAIZEN style.
 
In house training:
The training ”HR Budget: Planning, Implementing and Controlling” is also available in ”in-house” sessions. Companies must have a certain number of participants or require different types of courses. The cost advantage and the possibility to discuss and solve company specific problems during the training session are two big benefits for such kind of trainings. For details, please view the Exegens training offer.
 
Consulting services:
Exegens also offers consulting services  to design and implement a Performance Management System, helping clients to establish simple and effective directions to increase Productivity (up to 150% of staff, equipment, utilities, materials, logistics and storage), to improve the System of Budgeting and Cost Calculation, to underlie the Right Number of Employees, to have a great Benckmarking and Best Practices system for designing a performance reporting system through the Balanced Scorecard. For details, please consider the Exegens consulting offer.
 
Costs:
The participation fee is 295 EUR (no taxes included)/ person.
We provide: training map on paper and on CD, lunch and coffee breaks. Exegens is not charged with the additional costs for meal, room and transportation.
For min. 3 participants from the same company, you have a 10% discount. Exegens clients have a discount of 8%.
 
Signing up procedure:
Please fill in the sign-up form (see below) and send it at contact training EXEGENS or at fax 021 440 27 76.
 
 

Contact:
Mobile: 0743 048 696
Phone/Fax: 021 440 27 76
E-mail:

 

Have your say about the HR Budget - Planning, Implementing and Controlling Training:

 
"Knowing that "every manager is also a Human Resources Manager" (Exegens statement), we could say that any manager should be a Financial Manager, in order to understand financial terms (costs, budget, losses, etc.). ...Only this way he could help increase profits. The information acquired during the training session clarifies some concepts already known and complements them with a new series of useful techniques (HR metrics) for reports preparation to help me in making decisions."(Daniela Olimpia Popa, Director of Human Resources, CEZ Group )
 
"Understanding the business process in a company is the way to success. Now I can say that "learning to see" is a very strong asset in a manager′s activity. When everything is clear, there′s nothing else to do than implement. I’m sure I could bring added value to my company by implementing ideas collected in the training session. My expectations for this course were a bit different, but the way the trainer handled it made me find other opportunities with greater added value for me." (Mihai Ionescu, HR Manager, CEZ Services)
 
"My activity related to budgets will be more grounded and will be based on a detailed analysis of each cost generating activities. I will try to analyze the section of reducing the HR losses. The professionalism of the training session helped me to remember which is the core activity of Human Resources Department, which is to take care of company employees. The information gained will diversify my activity by participating in collateral work projects to personnel administration, payroll. The cost control by reducing losses and managerial problem solving techniques are of utmost importance in companies." (Claudia Gina Popa, HR Manager, CEZ Services)
 
"The training session was beneficial in terms of overall understanding of company expenses having an impact on the HR budget. Systematic and systemic approach can lead to a professional HR budget." (Mihaela Obeadă, HR Manager, DUNAPACK)
 
"I have understood the place of the HR budget in the Mastar Budget and my role on direct and indirect labor budgeting using standard cost, ABC/ Processes, by working in Kaizen teams, using KPI′s for HR, etc.. It is a pleasure to listen to the trainer and understand what you are told.
I now have a different vision of what is cost saving vs. cost continuous improvement through KAIZEN. Acquired concepts taught were OK and understandable to anyone with minimal knowledge of Controlling (Costs and Budgets)." (Mira Crișan, HR Manager, Continental)
 
"My work in the organization I represent will improve by 30-40% through a better understanding of the activities of the Financial - Accounting Department and my role in the HR department and the organization." (HR Specialist, a production company having a turnover of 150 million Euro in Romania and 2,000 employees)
 
"I will be more organized to substantiate the HR budget and especially to maintain a performance training budget." (HR Specialist, production company with a turnover of 44 million Euro in Romania)
 
"After participating to this training session, I am sure that I could be an important part of the work standardization process carried out in my company." (HR Specialist, Telecommunications company)
 
"This training session opened my new vision of what means the work of an HR Manager and its role in an organization." (Smaranda Tudorică, HR Responsible, LEMAN INDUSTRIE)