A Guide to Planning Your HR Budget for 2022
Analytics in HR
OCTOBER 13, 2021
Comparing last year’s hires and the cost of employee compensation and benefits , increase your HR budget by around 3-5% to ensure you have enough in 2022. Take into account: Employee salaries Health insurance Life insurance Retirement plans Paid time off Overtime pay Bonuses Other perks. Diversity, equity, and inclusion.
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