Overview:
This session demystifies finance for HR professionals.
Participants will walk away with a clear understanding of key financial statements, how to calculate the ROI of HR initiatives, how to navigate US-specific compliance costs (ACA, FLSA, FMLA), and how to use financial data to make a stronger business case for HR investments.
Why you should Attend:
Are you an HR professional who freezes when the CFO walks into the room? Do budget conversations leave you overwhelmed? In today's data-driven workplace, HR leaders who don't understand finance risk losing influence, credibility, and budget. This session gives you the financial toolkit to be taken seriously at the table.
Areas Covered in the Session:
- Understanding key financial statements: P&L, Balance Sheet & Cash Flow
- Budgeting basics: how HR budgets are built and managed in US organizations
- Cost-per-hire, cost-per-training and ROI calculations
- Headcount planning and workforce cost modeling
- Understanding EBITDA and how HR impacts business profitability
- Compensation & benefits benchmarking: salary bands, 401(k), health insurance costs
- Navigating compliance costs: ACA, FLSA, FMLA and their financial impact
- Communicating HR metrics to finance and leadership teams
Who Will Benefit:
- HR Managers and HR Business Partners
- HR Directors and Chief Human Resources Officers (CHROs)
- Talent Acquisition Specialists and Recruiters
- Learning & Development and Total Rewards professionals
- HR Generalists looking to build financial acumen