OVERVIEW OF THE TRAINING BUDGET 2007-08 (SEP TO MAR)
Sr. NoFocus Area/ Segmentation
1dNew Products Update2
Soft Skills & Behaviorial Skills
2cCreativity & Innovation1
2gSpeed of Trust
NOTES & ASSUMPTIONS-
12Additional Service tax calculated at 12.36% applicable on the training bills.345678
No. of TrainingInterventionsTotal Cost(Sep- Mar)
Leadership/ MDP/ Coaching &MentoringEmotional Management/QuotientMotivation/ Per. Effec/ Per.Mgt./ Result Orn.
Total cost (Sep-Mar) is addition of A,B & C (Technical Training, Soft & Behaviorial Training &Conference/ Seminars).Total cost (Apr-Sep) is addition of trainng cost for the period. Source Corporate HR MIS report07-08.Administration cost shall be calculated @ Rs. 200 per head (including Food & Beverage, Localcoveyance & Stationary) for Inbound Training.An estimated 10 full day training programs shall be conducted at outside venues (mumbai). Sixsoft and Behaviourial skills and some additional technical programs may have to be conductedoutside office premises. Average cost of the training room (only)estimated at Rs. 3000/- perday.Additional cost for outstation training / Conferences (India and Abroad) at actuals. Additionalcost for Trainers stay and conveyance for trainers from outside Mumbai. Travel , Hotel & Rent-a-car Expenses for the period has been Rs. 1063257/- for the period April-August for 90 people.Thus average travel cost estimated at 11800/-. Expected 20 people to travel outsation toparticipate in conferences/ seminars/ workshops.Miscellances cost estiamted at 1% of the total cost for the period (Sep-Mar). This shall beutilised for Gifts/ Flowers/ Additional Handouts/ Training peripherals etc.The scope of the budget does not include additional training like Outbound training programs,Firefighting, Computer skills training, Sponsoring people for long term courses, Salaries of thepersonnels required for training management.