HR Budget Plan

Purpose: This document is designed to help HR departments plan, allocate, and track various human resource expenses including salaries, benefits, recruitment, and training. Keeping a clear overview of your HR budget will assist in effective departmental management and informed decision-making.

General Information

Fiscal Year: {fiscalYear}

Prepared By: {preparedBy}

Department Head: {departmentHead}

Date Created: {dateCreated}

HR Department Overview

Total Number of Employees: {totalEmployees}

Budget Approved: {budgetApproved}

Current Budget Utilization: {budgetUtilization}

Expense Breakdown

Employee Costs

Recruitment Plan

{#recruitmentPlan}

• Position: {position}, Expected Hire Date: {expectedHireDate}, Estimated Cost: {estimatedCost}

{/recruitmentPlan}

Training & Development

{#trainings}

1. {trainingName} – {description} (Cost: {trainingCost})

{/trainings}

Notes and Comments

{notes}

Benefit Summary

{#hasBenefits}This plan includes employee benefits such as health insurance, retirement funds, and paid leave.{/hasBenefits}

{^hasBenefits}No employee benefits are included in this plan.{/hasBenefits}