You don’t need to reinvent HR tools.
A structured way to budget and allocate merit increases based on performance and position in range.
Stay on top of your organizations turnover, by understanding where the highest rates are coming from.
Show employees the full value of their compensation - not just base pay.
Standardize performance reviews with a clear structure that supports fair evaluations and documentation.
Track employee time off balances, usage, and remaining PTO in one organized file.
Keep track of off-cycle requests for promotions and increases, and utilize the built in metrics so all are evaluated consistently and fairly.
This template helps you track costs throughout the hiring lifecycle - from advertising, interviewing and onboarding.
My experience in HR and Compensation spans across multiple industries, including small startups to fortune 500 companies.
Time Saving Templates began over 10 years ago, and prior to that my background was in corporate compensation and HR.
Over the last 5 years, I’ve expanded into compensation consulting and enjoy working 1-1 with clients.
Time Saving Templates has evolved into a trusted resource for HR and compensation teams who want practical, DIY solutions – without having to set up formulas from scratch.
2. Employee Performance Review Template
3. Annual Merit Increase Matrix
4. Salary Increase Calculator (Compensation Metrics)
5. Employee Total Rewards Statement
6. Employee Turnover Report Template
7. Cost to Hire Worksheet
BONUS #1: Upgrade Report for Turnover by Tenure
BONUS #2: Resignation Proof Roadmap
BONUS #3: Salary Range Re-Set Template
BONUS #4: Unprotected Formulas Versions
The templates will be emailed to you within 24 hours of purchase, but usually it’s within a few hours during the daytime.
All orders are sent from [email protected] or [email protected]
Sometimes the emails can get stuck in the junk or promotions folders, so don’t forget to check there for it.
Yes! The templates are designed in MS Excel and are compatible with all versions of Excel.
With a Mac computer, you will need ‘Excel for Macs’ or Google Sheets. Templates do not work with Numbers program on the Mac.
Most templates work well with Google Sheets, which is a free program, as well as One Drive online Excel.
When purchasing the templates as-is, you agree to the licensing terms which allow the template to be used by the buyer only, and to not share the templates with others who haven’t paid for the product.
All templates come personalized with your name or business name, and that cell remains protected.
You may purchase the license upgrade to use the templates for your own clients, when it is part of a service you provide. See the Commercial license option at checkout for more details.
Most of the templates come with the cells with formulas protected, to provide a fool-proof experience and prevent someone from accidentally deleting or writing over a formula, which could cause the template to not work as described.
There is usually an extra fee to receive the editable formulas version of each template. When you purchase from this page, you will receive the editable versions as a BONUS for free.