Overview

The Balanced Scorecard Calculator is a free template that helps to evaluate the performance of a selected employee and calculate their wage in accordance with the results archived. The design of the Balanced Scorecard Calculator allows viewing how well an employee has performed different goals as well as the overall performance.

The calculator automatically adjusts the wage of an employee in accordance with their performance. The calculator is quite simple and can be used for one employee at a time. Moreover, it does not take into account other factors that could impact the final evaluation. The evaluation numbers will appear in two colors, red and blue, and will show whether the employee has underperformed or outperformed the goal.

In case you need a combined calculator for all payroll expenses, have a look at our free Payroll Calculator.

Functionality of the Balanced Scorecard Calculator Template:

  • evaluate employee’s performance according to the goals set and achieved;
  • adjust the wage in accordance with the overall performance.
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