Employee Budgeting template

The template considers the following inputs to calculate budgeted cost: Basic salary and annual increments, service bonus, Pension fund contributions, Medical aid contributions, Travel and accommodation allowances, Vehicle allowances, Allowances, Statutory provisions and Other HR-related cost.

A major benefit of the template, is that it allows the user to align the HR budget with the enterprise’s strategy, strategic activities and structure.

The template produces the following reports:

-- A detailed employee budget.

-- A cost flow report.

-- An alignment report between the HR budget, strategy and structure of the enterprise.