Compensation Analysis Template

Setting pay shouldn’t feel like guesswork. Our Compensation Analysis Template gives HR and finance teams a clear, data-driven view of employee compensation. With built-in formulas, benchmark comparisons, and equity insights, you’ll quickly see who’s below market, who’s above range, and where to focus your budget for the biggest impact.

This ready-to-use Google Sheet is designed to save hours of manual work and ensure pay decisions are fair, competitive, and aligned with your compensation philosophy. Just make a copy and drop in your employee data and benchmark numbers — the template does the heavy lifting.

What You’ll Get:

• Compa-ratios and range penetration: Spot underpaid employees at a glance.
• Budget impact modeling: Enter a proposed increase percentage and instantly see cost implications.
• Equity and benefits tracking: Capture total rewards, not just cash.
• Priority flags: Identify at-risk employees who need attention now.
• Settings tab: Customize thresholds once and let the entire sheet update automatically.

Use this template to bring clarity and confidence to compensation cycles, make equity-driven pay decisions, and present recommendations backed by hard numbers.