HR Budget Development
Use the following key discussion questions to help you dig further into the HR department budget considerations.. The text must be cited and you may choose to include additional sources if you wish.
- Did you agree or disagree on the budget the HR Director submitted? Why or why not?
- What new expenses must be taken into consideration?
- What would be some possible functions to outsource? Justify your answer with financial data and return on investment.
- How will you justify and negotiate the HR budget?
Reference to be used
Berman, K. & Knight, J. (2008). Financial intelligence for HR professionals. Boston: Harvard Business Review Press. ISBN-13: 978-1-4221-1913-6