Hi there, Jalil.
Of course, when doing manpower budgeting and planning, the financial implication is most important. It involves determining various factors such as:
- The total salaries the organization is paying for existing employees annually.
- The planned increments for existing employees.
- The amount allocated for bonuses.
- Annual employee insurance costs.
- The budget for training, including travel expenses, accommodation, and training fees.
This analysis pertains to existing employees. Next, a similar evaluation needs to be conducted for the budgeted manpower to be recruited. This process is indeed quite labor-intensive and, despite sounding straightforward, can be challenging. When estimating for the future, it is crucial to maintain a high degree of realism.
Comparatively, this task is more straightforward for companies focused on ROI, as they are revenue-generating entities. Conversely, government organizations face additional complexities as their funding is reliant on governmental allocations.
From Oman, Muscat
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108Of course, when doing manpower budgeting and planning, the financial implication is most important. It involves determining various factors such as:
- The total salaries the organization is paying for existing employees annually.
- The planned increments for existing employees.
- The amount allocated for bonuses.
- Annual employee insurance costs.
- The budget for training, including travel expenses, accommodation, and training fees.
This analysis pertains to existing employees. Next, a similar evaluation needs to be conducted for the budgeted manpower to be recruited. This process is indeed quite labor-intensive and, despite sounding straightforward, can be challenging. When estimating for the future, it is crucial to maintain a high degree of realism.
Comparatively, this task is more straightforward for companies focused on ROI, as they are revenue-generating entities. Conversely, government organizations face additional complexities as their funding is reliant on governmental allocations.
From Oman, Muscat
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Hi friends, Please find the excel which is helpful in manpower planning and budgeting.
From India, New Delhi
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From India, New Delhi
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Can anyone help me with a question that I faced during an interview: "A marketing manager comes to you with the complete requirement/JD and the number of subordinates required by him at different regions." How can HR contribute through Manpower Planning to reduce the number of employees required and satisfy the Marketing manager?
Please help as I could not answer this.
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Please help as I could not answer this.
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Can any one help out PPT of Manapower budget and vacancy plan
From India, Hyderabad
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From India, Hyderabad
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