Description
Work out fair salary increases from a merit matrix: performance rating combined with position in the salary range (compa-ratio), with the cost of the increase budget.
- Automatic summary: Current monthly payroll, Monthly cost of increases, Average increase, Budget (monthly), Under / (over) budget, Annual cost of increases
- Calculated for you: Compa-ratio, Range position, Matrix increase %, Final increase %, Increase amount, New salary
- Drop-down menus for quick, consistent entry
- 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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