bonus tracking spreadsheet template

bonus tracking spreadsheet template is a bonus tracking spreadsheet sample that gives infomration on bonus tracking spreadsheet design and format. when designing bonus tracking spreadsheet example, it is important to consider bonus tracking spreadsheet template style, design, color and theme. with minimal time spent on data entry get the most out of this bonus planner with an interactive dashboard to aid in informed decision making. the input to this excel template requires you to enter primary employee settings details and the performance setting which are the bonus weightage per grade defined as per your organization’s requirements. in this sheet, based on your organization’ policies, enter the relevant weightage for performance against each grade split into organizational, department and individual. in the above scenario, for the cxo job grade, each employee belonging to that grade is entitled to a maximum of 20% bonus from their salary. it can be observed here in this example, as the grades move up in the organizational hierarchy more weightage is given to the organizational achievements than the departments’ or individual performances. in the example, the maximum payout range is input as 150% meaning, for the grade cxo, the maximum bonus payout can be 150% of 20% i.e.

bonus tracking spreadsheet overview

once these data are entered the excel file automatically calculates the overall achieved bonus value and its % based on the weightage vs. achieved details as entered in step 2 and 3. this template also gives a detailed statement of the bonus payout for each employee. the dashboard shows the overall bonus % spread as count of total employees for the review and the same across different grades. as shown in the below screenshot, the dashboard also gives the total bonus payout value as percentages per department and grades. along with this, get top individual performers, also based on grades and performance for further analysis. i hope this template is useful. if you have any suggestions or questions , please leave them in the comments section.

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bonus tracking spreadsheet format

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bonus tracking spreadsheet guide

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