Financial Aspects of Human Resources Management

To be a successful business partner with management, the human resources professional needs to effectively understand and manage the financial aspects of his/her HR department, as well as the impact of the employees on the organization's bottom line. Emphasis is placed on ways the HR practitioner can enhance a company's financial performance. This course provides HR practitioners with the tools and information to understand the cost of the HR functional area(s) for which s/he is responsible. Other areas of study are HR metrics, budgeting, strategic planning and the financial aspects of benefits and payroll.