Contact Details

If you require further information on any of our services please do not hesitate to contact us by telephone or e-mail. All enquiries are extremely welcome.

T: 01636 816 466

The Old Vicarage
Station Road, Rolleston
NG23 5SE                              


CDT06- Operations on a Budget

The aim of this seminar is to provide you with the tools and techniques you need to correctly assess the costs of your operation. This will be applicable to anyone operating under financial constraints. It includes:

  • Estimating absence costs
  • Calculating shift allowance
  • Assessing the number of staff required
  • Calculating overtime and temporary staffing costs
  • Matching your budget to your costs
  • Evaluating your efficiency and productivity

Learning Objectives:

  • Learn how to correctly assess your staffing costs
  • Study different shift allowance methodologies
  • Realise how to minimise your overtime costs
  • Ascertain your efficiency and productivity of operations
  • Discover how far your budget will go towards covering your costs
  • Balance your workload to your budget

Detailed Seminar Outline:


Estimating Absence Costs

Objective: Estimate your absence and analyse the costs

  • Calculate Absence Rate
  • Sickness Payments
  • Replacement Costs
  • Opportunity Costs

Calculating Shift Allowance

Objective: Study the different shift allowance methodologies

  • Lump Sum
  • Points System
  • Percentage Method

Assessing the Number of Staff Required

Objective: Calculate how many staff you need

  • Skills
  • Cover Arrangements

Calculating Overtime and Temporary Staffing Costs

Objective: Learn how to minimise your overtime costs

  • Covering In-house
  • Cover Using Overtime
  • Matching Workload using Overtime
  • Budgeting for Overtime
  • Using Temporary Staff

Matching Your Budget to Your Costs

Objective: Calculate the cost of your operation

  • Estimate the Total Cost of Your Operation
  • Opportunity Cost
  • Match Budget to Costs
  • Balance Workload to Your Budget

Evaluating Your Efficiency and Productivity

Objective: Calculate your efficiency and productivity

  • Calculate Your Efficiency
  • Calculate Your Productivity
  • Focus on Goals