Total Rewards and Compensation Statements, HR Templates Excel
This video goes over some common questions when it comes to creating employee comp and benefits statements. If you work in HR and are tasked with creating these statements, it can become a big undertaking to get everything right. These statements can be a great retention tool and reminder of how much the company is investing in different benefits.
In this example, we’re going over 3 common questions when using the Total Rewards Statement Excel template, from Time Saving Templates:
1). What to do if your data isn’t linking correctly
2). How to customize the fields to suit your company’s rewards
3). Can the statements automatically populate?
To get the template shown in the video, plus 15 more templates for communicating total compensation or pay changes, such as bonus payouts, merit increases, promotions, see our new bundle:
💡 Rewards Accelerator: https://timesavingtemplates.com/sp/re...
Just getting started with planning a major compensation program or compiling rewards statements? I've added a FREE Rewards Rollout Planner to help you get organized and plan ahead:
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To see the first video that goes over a start to finish example of using this template – • Total Rewards Statement Excel Template, Em...
To see example of populating different medical plans in this template - • HR Tools and Techniques - Comp and Benefit...
💡 Also check out the free video series for a quick Comp 101 guide, which goes into what comp metrics you need to know and how they are calculated:
https://timesavingtemplates.com/compe...