Total Compensation Template

Check sales compensation plan templates to know how to create a sales compensation plan for your employees who work in the sales department.
Total compensation template. Enter only 3 details and it will calculate the compensation spend rate for you. Your employees may be surprised to find out how much is paid out in other benefits in addition to their salaries. This will help inspire and motivate your sales team based on giving out good incentives and bonuses for the team. Total compensation spend rate calculator is an excel template with predefined formulas to calculate the percentage of compensation spend against the operating costs of an organization.
If you have any questions regarding this information please contact your hr department. Total compensation statement for sample employee june 2010 dear sample employee this compensation statement is a brief overview of the benefits provided by your employer. Because your well being is important to us the benefit program is designed to furnish you with protection against financial devastation due to illness disability loss of work retirement or death. These colorful easy to use tools work because they can show employees exactly how much theyre earning in just a few seconds.
The above template is a compensation plan for the sales department. The total compensation worksheet tool is simple to use and can make a powerful impression on your team. What is my employee total compensation package worth. The value of some benefits may be considered as part of your salary.
The statement reflects the benefits you selected as an employee during the 2015 calendar year. On demand statements offer a streamlined snapshot of your companys benefit package through a selection of attractive print ready templates. The employer has both required and discretionary payments that it makes on behalf of the employee. You with this personalized total compensation statement.
It also includes a detailed review of the value of your total compensation which allows you and your family the opportunity to better understand your current elections and future considerations. The sample below demonstrates just how simple and powerful compackages employee compensation statements are. On demand total compensation statement samples. 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.
Employee total compensation calculation spreadsheet. On demand statements are personalized total compensation statements that are designed to save you money because you print and distribute them yourself. Using our free tool you can make sure that your employees know the full extent of the compensation and rewards paid by their company. Personalized total compensation statement highlighting your total compensation package.