Outline

p Running Head : Human Resource Management

Class /Code

Lecturer

Date : April 25 , 2009

Budget process-Outline

Introduction

The human resources department in any organization has the responsibility of ensuring that the organizations are staffed with competent individuals who will enhance the company 's productivity and constantly evaluate their progress . In addition , the department addresses issues that affect employees and make strategic decisions on how they can improve work performance in the organization . Creating a practicable and efficient budget is one of the activities that the HR is involved

in . In creating the budget process , several areas will be communicated to the employees so that they are aware of various changes that can affect their work . The budget process is supposed to allocate resources and positions while enhancing employee education (Sims , 2007

As the HR executive there are several things that will help in determining the areas of the budgetary process that need to be communicated to the employees

1 . Planning

Planning the budget is very important as it ensures that all divisions or units of the organization will be funded . Planning entail making operational estimates based on how the industry and economy is affected by the various market trends . The employees will need to be made aware of the cuts and additions that are going to be made so that they are prepared in advance when their scope of work increases . It is usually at this stage that a decision like making employee cuts will be made and such information needs...