HR Budget Planning for Excellence Holdings Pte. Ltd. Presented by HCS Team HCS Academy for Manage Budgets and Finances (Copyright 2017)

Cost Centre Account Yr1 Budget (S$) Yr-1 Budget (S$)Recruitment Advertising 1000 3,000$ Agency Fees 10000 18,000$ Part-Time Help 60000 80,000$ Employee Referral Program 3000 7,000$ Psychometric Test 5000 5,000$ Recruitment Related Travel 1000 1,500$ Company Test 4000 5,000$

Sub-Total 84000 119,500$ Team Building Events 50000 28,000$ External Programs 50000 35,000$ Internal Programs 50000 10,000$ Certification Programs 18000 25,000$ Travel Expense 2000 5,000$ Programme Materials 8000 18,000$ E-Learning Platform 30000 20,000$ F&B Costs Related To Training 20000 15,000$

Sub-Total 228000 156,000$ Employee Salaries 5,500,000 5,600,000$ CPF 50000 812,000$ General Insurance 2000 1,500$ Health, Dental, Vision 20000 20,000$ Incentive Compensation 700000 700,000$ Commissions 100000 100,000$ Telecommuting Expenses 80000 200,000$ Disability Payment 1000 1,000$

Sub-Total 6,453,000 7,434,500$ Intranet Maintenance 7000 7,000$ Recognition Awards 15000 15,000$ Lawyers Fees 15000 15,000$ Performance Appraisal Program 8000 8,000$ 360 Feedback Program 10000 10,000$

Sub-Total 55000 55,000$ Travel Insurance 8000 8,000$ Fitness Facilities Maintenance 2000 2,400$ Safety Training & Promotion 40000 -$

Sub-Total 50000 10,400$ HRIS Maintenance 30000 30,000$ Strategic Planning Costs 50000 -$ Donation To Charities 50000 75,000$

Sub-Total 130000 105,000$ Total 7,000,000$ 7,880,400$

Others

HR Budget Planning of Excellence Holdings Pte Ltd

Selection & Placement

Training & Development

Compensation & Benefits

Employee & Labour Relations

Health, Safety & Security

2016 and 2017 will see an impact of changes in budget and cashflow due to drop profit and loss

2016 20170

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P/L Cashflow Forecast

Items that will experience cuts

• Reduce in Salaries• Reduce in Travel Budgets• Reduce in Misc. Activities

2016 2017

Salaries 10%+ 20-30%-Travel 20%+ 30%-Misc. 40% 50%-

Go for increase productivity by increase morale

Skills & Education• Education• Team Building Morale• More Commissions • Incentive by Reward Investment• Invest for new horizons

• Save Jobs by pay cuts by Senior Management

• Identify New Markets & Invest

• Invest in employee for new skills

Thank you.If you have any questions please call 12345678 or email me at stienberg@12345678.com

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