1: Strategic HR Management Fundamentals
• Role of HR in achieving strategic goals
• Workforce planning and organizational design
• Linking HR strategy with corporate strategy
• Talent management as a strategic advantage

2: HR Budgeting Principles and Techniques
• Components of an HR budget: salaries, benefits, training, recruitment
• Budgeting approaches: incremental, zero-based, performance-based
• Annual budgeting cycle and HR’s role
• Estimating labor costs and calculating total compensation

3: Workforce Forecasting and Financial Planning
• Headcount planning aligned with business growth
• Forecasting workforce supply and demand
• Managing attrition and succession cost-effectively
• Scenario analysis and long-term HR budget planning

4: Performance Metrics and Financial Accountability
• KPIs for HR: cost per hire, training ROI, turnover rate
• Linking metrics with budget allocation
• Evaluating program effectiveness and ROI
• Budget variance analysis in HR functions

5: HR and Excel Budgeting Tools
• Creating HR budget templates in Excel
• Forecasting headcount costs using Excel formulas
• Building dashboards to monitor HR spend
• Case studies using Excel-based HR budgeting models

6: Aligning HR Budgets with Business Strategy
• Making the business case for HR investments
• Collaboration between HR, Finance, and Business Units
• Presenting HR budgets to senior leadership
• Managing budget cuts while preserving strategic initiatives

7: Compliance, Ethics, and Cost Control
• Legal and ethical considerations in HR budgeting
• Labor laws, payroll compliance, and budgeting risks
• Cost control strategies in HR operations
• Outsourcing, automation, and cost optimization

This course integrates real-world examples and practical workshops to ensure that participants can apply what they learn directly to their organizational context. It is particularly useful for HR professionals who seek to influence executive decisions and gain financial acumen to manage human capital investments more effectively.

Human Resources Strategy and Budgeting Training Course in Geneva

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