Employee Annual Bonus Planner Google Sheets Template

Description
Download this free Google spreadsheet template and with simple input data, get the bonuses calculated for all your employees for a given review period.


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 Google sheets file, and this template is packed with a lot of amazing features:
1. Simple data entry process
   Single Google Sheets 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 grades 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, performance for reporting.
4. Ease of Use
   One-time settings for employee and performance settings.
   All employee data in a single google sheets 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.