1. What is an HR Budget?
- Definition and Purpose.
- Importance of careful planning and leadership approval.
2. Types of HR Budgets
- Incremental Budgeting: Adjusting previous year’s budget.
- Zero-Based Budgeting: Starting fresh, allocating funds based on current needs.
3. Importance of HR Budgeting
- Ensuring HR operations are well-funded.
- Preparing for regulatory changes and securing a seat at the decision-making table.