Definition

HR Budgets

HR budgets are quantitative, operational or short-run demand estimates that contain the number and types of personnel (i.e., personnel classed, such as bank clerks, loans officers, and branch managers) required by the organization as a whole and for each sub- unit, division or department.

Share it:  Cite

More from this Section

  • Markov Model
    Markov model is a model that produces a series of matrices that detail the various patterns ...
  • Scalability
    Scalability is the degree to which a computer application or component can be expanded ...
  • Independent contractor
    Independent contractor is a self-employed individual who performs a service for an employer ...
  • Activities of daily living (ADL)
    Activities of daily living (ADL) is the personal care activities which are essential to ...
  • Concurrent validity
    Concurrent validity is the means of determining a test’s or other assessment tool’s ...