This document is a s preadsheet template used by HR to calculate the value of total compensation per employee, based on various factors including base salary, paid time off, statutory remittances, benefits, and additional cash compensation.
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| Employee Total Compensation Calculation Spreadsheet | | | Accompanying Instructions for Staff |
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This template allows HR to calculate the value of total compensation per employee based on various factors, including, base salary, paid time off, statutory remittances, benefits, additional cash compensation (short-term incentive plan, bonus, etc.) and other employee costs (social activities, parking, etc.).
The Employee Total Compensation Calculation Spreadsheet can be used on its own as a stand-alone tool, or as part of the Compensation Kit.
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