3 Premium Templates for the Price of 1:
This spreadsheet can be utilized for an annual merit increase program, where increases are based on performance and where the employee falls within the range. Works for up to 1,000 employees and can be expanded for more.
This spreadsheet is set up to handle one-off requests for promotions or adjustments that occur throughout the year. Quickly summarize the key compensation metrics that can help review and track approvals for increases.
This template consists of 3 different pages, and 3 different ways to calculate your ranges: minimum, midpoint and maximum.
This is a free upgrade option, for those who want to edit the formulas. You will receive both versions of each template:
1). The fool-proof version with the formulas protected.
2). The version where you can edit the formulas on your own – for those who want to make changes.
*The templates will work as described without you having to make any formula changes, this is just an extra option*
Both versions come personalized with your name or business name, and that cell remains protected, unless you select the option for the License to Use with Clients at checkout.
This upgraded version has several pages that are linked to the Annual Merit Increase template, to help you summarize the success of a merit program and how the budget was distributed across departments and job types.
This upgraded version of the Annual Merit Template includes extra summary pages that will review the average increases per gender. Everything is already linked within the same template you will use for the merit program, so there is minimal data entry to get these reports working for you.
If you are new to using excel worksheets, these video guides are a great reference and place to get you started at using spreadsheets efficiently.
Gain access to the compensation metrics cheatsheet – this is a great reference to understanding key HR and compensation terms and how they are calculated.
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