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Human Resource Management HRM

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It was time for drawing up the HR budget for the financial year 2016-17.

Nina, Head
(Human Resources) of ABC Incorporated, was pondering on the amount to be allocated for
the Training & Development (T&D) activities. The top management was getting increasingly
wary of shelling out funds when it came to T&D expenditure, but Nina had to immediately
get a training program underway for the 50 new joinees approved by the management. ABC
Incorporated, an MNC headquartered at Bengaluru, had hired 50 new management
trainees in November 2015 from a few of the premier business schools in India. These
recruits had joined the company in April 2016. Nina was given the responsibility of putting
the new joinees through a proper induction program that would make it easier for them to
get acquainted with their job profiles. Nina, who was leading a team of four HR executives,
decided to conduct a 5-day-long training program for the new joinees to facilitate the
orientation process.

Nina firstly understood the process of measuring HR processes to evaluate the training
cost. She also caluculated the ROI calculation, with special focus on Training ROI. Finaly
with all the details Nina defined the scope for future HR managers, how to make their
decisions more objective with the help of data.

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