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.
Reviews Add a review
No reviews yet

More From Andrew Grigolyunovich, CFA, CFM, FMVA

Browse our top rated business templates. See All
CFO Excel Template Bundle (10 complete templates)
This CFO excel template bundle is of great value to serious financial modelers and chief financial officers. It includes templates…
Financial Analyst Bundle (8 complete Excel Templates)
Financial Analyst Bundle will be of great help to anyone who is familiar with financial modeling, who needs to carefully…
Financial Assistant Bundle (5 core templates)
Financial Assistant Excel Template Bundle will greatly assist in everyday simple financial calculations. The bundle allows gaining a quick overview…
WACC Calculator
WACC Calculator is a weighted average cost of capital Calculator. This model will help you to calculate the fair cost…
Optimal Purchase Volume Calculator
Optimal Purchase Volume Calculator is an MS Excel financial model used for comparing up to five purchase options of inventory…
Loan Calculator (for Lenders)
This Loan calculator is a very useful tool for loan management. This template helps to calculate the interest that should…
See All