Unlike other cost budgets, the staff costs budget for the year (N+1)

cannot be drawn up before the cash flow budget.

The calculation of the personnel costs budget for the

year (N+1) must take into account the previous year's payroll, increased by

recruitments and reduced by departures.

Unlike other cost budgets, the staff costs budget for the year (N+1) can

only be drawn up in the middle of the year once retirements have been

definitively confirmed.

The importance of the organisation's mission and strategic ambitions.