Employee Relations Budgeting & Cost Management
Plan, cost, budget and report the finances of the employee relations function.
2 days
Pay per course in RM. No subscription.
Employee Relations Budgeting & Cost Management is a 2-day Human Resource Management core course in Malaysia that counts toward the Certifyd Employee Relations Financial Manager (CERFM) certification. It runs live on scheduled dates, live online, and ends with an online test and a work document. It is aligned to the NOSS competency unit EER Financial Management.
- Duration
- 2 days
- Level
- NOSS Level 5
- Price
- From RM 990.00
Why does this skill matter?
Run hiring, pay structures, benefits, employee relations and separation to the national standard, so HR decisions hold up when they are questioned.Disputes, inquiries, negotiations and welfare programmes all cost money, and an employee relations department that cannot show its numbers struggles to win a budget. Sound costing, variance analysis and clear financial reports let you justify spending and show savings.
What will you be able to do after this course?
Employee Relations Budgeting & Cost Management is one of the core courses for the Certifyd Employee Relations Financial Manager (CERFM). It focuses on one part of the job, employee relations budgeting & cost management, and is aligned to the competency unit Eer Financial Management. Finish it in a live class, pass the online test and the work document, and you receive a Certifyd certificate with a transcript of the units covered, credited toward the CERFM.
- Interpret financial statements and cash flow for employee relations decisions
- Set financial objectives, policy and an activity plan with the planning team
- Apply cost behaviour, break even, marginal and standard costing
- Project revenue and cost and develop a budget proposal
- Analyse expenses and variances and track cost saving programmes
- Evaluate financial performance and present a periodic financial report
Who is this course for?
Employee relations and industrial relations managers
HR managers who own a department budget
HR business partners who work with finance
Which format suits you?
Live with a MITE trainer, live online.- Choose live if you learn best by asking questions, want a fixed date in your calendar, or your employer prefers attendance records.
- Both formats lead to the same certificate and the same credit toward the certification.
Live class
A MITE trainer on set dates, live online. The Certifyd Trainer programme runs in person.
- Duration
- 2 days
- Price
- RM 990.00
Same Certifyd micro-credential and unit credit in either format.
Dates coming soon
What is available right now?
- Live: dates on request. Ask us to schedule a class for your team.
What does your transcript list?
Your course certificate comes with a transcript of these NOSS or NCS units and work activities. It is evidence you can use for a JPK microcredential through PPT.
EER Financial ManagementFB-073-5:2012-C02- Study EER financial management concept and requirements
- Plan EER financial management
- Perform EER financial management
- Evaluate EER financial management
- Present EER financial performance report
How does the course work?
Learn it, practise it, show it.- Choose a class date and pay online in RM. Your seat is held while you pay.
- Learn with a MITE trainer on your date, live online.
- Complete the course by attending every live day.
- Receive your Certifyd certificate with a QR code. The course is credited toward Certifyd Employee Relations Financial Manager (CERFM) at once.
What do you get?
Pay per course in RM. No subscription.
A Certifyd certificate for this course, with a unique code and QR
Credit toward Certifyd Employee Relations Financial Manager (CERFM), so you never repeat this course
Teaching in English or Bahasa Malaysia- A MITE trainer who answers your questions on the day
Which certification does this course count toward?
Finish this course and it already counts. You never repeat it.This course is one of the core courses for the Certifyd Employee Relations Financial Manager (CERFM). Finish it and you are already part of the way to a post-nominal title.
- EER Financial Management, mapped to the national competency unit.
- Same Certifyd micro-credential and unit credit in either format.
How does the path to a certification work?
Start free. Pay one course at a time.- Step 1Free Readiness CheckRate how you work today in under 10 minutes and see which skills to build first.Check my readiness, free
- Step 2You are hereCore CourseLearn one job skill in 1 to 5 days, live or online, and get a certificate for it straight away.
- Step 3CertificationFinish the core courses, pass each course assessment and use your post-nominal title.
Can you train your whole team?
In-house classes or seats per course. Tell us the headcount, we send a quote.We run this course as a private class for your team only, at your premises, at a MITE centre or live online, on dates that suit you. Smaller teams can take seats on a public class. Tell us your headcount and we reply with a quote.
Frequently asked questions.
Short answers to what people ask first.How long is Employee Relations Budgeting & Cost Management?
It runs for 2 days as a live class, live online.
What is the difference between the live and online formats?
Every class has a MITE trainer and runs on set dates, live online. You finish with an online test and a work document, and your certificate lists the units and work activities covered.
What certificate do I get?
You receive a Certifyd certificate for this course with a unique code and QR, which anyone can verify online. A core course also counts toward its certification.
How much does it cost?
The current live class price is shown above. If a price is not published yet, it shows price on request.
Do I need experience before taking Employee Relations Budgeting & Cost Management?
It suits people who already do this work or are about to. If you are unsure, take the free readiness check for the certification first. It shows whether this course is the right place to start.
Is Employee Relations Budgeting & Cost Management HRD Corp claimable?
Not at the moment. Only courses HRD Corp has approved are claimable, and each approved course says so on its page. Your employer can still pay for it directly.
What if I cannot attend my live date?
Contact us before the class and we will tell you your options, such as moving to another date where seats are open.
Ready to start Employee Relations Budgeting & Cost Management?
Pick a live date. You leave with a certificate, a transcript of the units covered and credit toward Certifyd Employee Relations Financial Manager (CERFM).
Pay per course in RM. No subscription.