Performance-Based Pay Calculator
Use this calculator to track performance-based pay versus revenue benchmarks and goals.
We developed this tool to help you get laser-focused on your expenses and incentivize sales staff to perform against desired goals.
Use this as a guide to track your performance-based pay versus the desired selling cost of each employee for a set period of time.
Duplicate this sheet for each employee at each pay period. It may be necessary to switch to weekly payroll to incentivize employees and track performance against desired goals.
How to use this sheet
Step 1.
Enter the values in the highlighted yellow section:
Enter Employee Name
Enter Pay Period Dates
Enter Hourly Rate
Enter desired sales cost
Enter Hours Worked
Enter Net Sales for Pay Period
Step 2.
All other values will self-populate based on your input.
Access your FREE download
Fill out the form found here to access to the Performance-Based Pay Calculator, designed to provide data-driven insights to drive critical decisions. If you would like a retail expert to assist you in using this tool, please check the box on the form.