Employee Annual Bonus Planner Excel Template

Description
This template supports the most commonly used method of calculating the employee bonus: based on the employee, department, and organization’s performance.
Based on the performance settings defined as per your organization’s requirements, view the detailed statement on the bonus calculations.
View the fully automated dashboard based to aid you in informed decision-making, all within a few minutes.
Features of Employee Bonus Plan Template
All that’s needed is a single Excel file, and this template is packed with a lot of amazing features:


1. Simple data entry process
Single Microsoft Excel file for all employee data entries for one review period.
2. Customize settings based on organizational standards
Customize the bonus payouts based on employee grades.
Customize the weights for each grade by individual performance and of the department and organization’s performance.
3. Practical Features
All the components of the bonuses along with the overall bonus payout per employee, are automatically calculated.
Dashboard view with bonus details based on Grades, and performance for reporting.
4. Ease of Use
One-time settings for employee and performance settings.
All employee data in a single Excel file for one review period.
Re-use a copy of the same file for different review periods.
5. Automated Calculations
Fully automated bonus calculations and interactive dashboard.