HRM-Budget Scan

The HRM-Budget Scan measures the effectiveness of the training budget and is meant for HRM managers and training managers. The HRM-Budget Scan answers questions like:

• What exactly are our training expenditures?
• How is the training budget spent?
• Is the training budget spent effectively?

Applying the HRM-Budget Scan gives an accurate estimate of the total cost of training, including the hidden costs. By analyzing the training budget with regard to critical knowledge, skills and attitude we measure which part of the budget is spent effectively.
The HRM-Budget Scan tells you what part of the training budget can be saved and how the budget can be spent more effectively. In short, the Budget Scan provides valuable information about the financial aspects of your training policy.
The HRM-Budget Scan also supplies benchmark data, allowing you to judge how your budget relates to the average training spending in your industry.

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