Salary Worksheet Template Helps You Budget for New Hires

John Storts
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IT Employment Trends to Watch in 2011

Two-in-five IT employers plan to increase hiring in 2011, up 10 percent from 2010.

Hiring new employees requires some intense budgeting work. Before recruiting, you should first get a clear understanding of the full costs of current employees in relation to each new employee you'd like to hire.

 

With the help of Info-Tech Research Groups IT Salary Worksheet template, you can get a clear picture of the costs of your current employees so you can budget for additional resources. The worksheet assists you in estimating costs based on employee compensation (salary, benefits, overtime, etc.) and infrastructure costs (hardware, software, administration, etc.).

 

The included calculator provides five different categories that describe critical budgeting areas:

  • Overall Average
  • Management and Executives
  • Operations and Support Staff
  • Workers in goods-producing companies
  • Workers in service-producing companies

 


More from the Knowledge Network

'To Do' Checklist for Online Screening of Job Candidates

New Employee Cost Calculator

Employee Development Plan



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