Description
Share a fixed bonus pool fairly: each employee's target bonus weighted by performance rating and months worked, scaled so the total exactly matches the approved pool.
- Automatic summary: Employees in scheme, Total weighted target, Pool funding factor, Total bonus allocated, Difference to pool (should be 0)
- Calculated for you: Rating multiplier, Weighted target, Final bonus, Bonus as % of salary
- Example rows and a step-by-step "How to Use" sheet
Instant download (.xlsx). Works in Excel 2010+, Excel online, Google Sheets, Numbers and LibreOffice. Works with any currency.
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