An Advanced Excel Tool for HR, Compensation Planning, and Market Comparison
This comprehensive Excel-based Salary Benchmark Dashboard is designed for HR professionals, business leaders, and consultants who need to evaluate how internal salary structures align with market trends. It offers a clear, structured way to compare employee compensation based on designation and years of experience (from 1 to 10 years), enabling better decision-making for salary revisions, budgeting, and retention strategies.
The dashboard contains multiple interconnected sheets, including hidden internal data sheets to protect employee information, a market salary sheet (Others) for entering competitor or industry data, and a designation sheet where roles can be defined and mapped. The output provides a powerful visual and data-driven comparison between your company's pay scales and external benchmarks.
Key Features:
📊 Designation-Wise Salary Comparison: Instantly see how much your company is paying for each role compared to market averages.
🔍 Experience-Based Breakdown: Track how compensation evolves from junior to senior levels across various designations.
🔐 Confidential Internal Data Handling: Employee salary data is stored in hidden sheets for security and confidentiality.
📈 Market Salary Input: Input data from other companies, industries, or third-party sources to get real-world comparisons.
🧾 Designation Management Sheet: Define and manage your organization's job titles in one place for consistency and clarity.
On the Dashboard, you can enter any date, and the workbook will automatically calculate and display data from that day over the past 10 years.
This workbook includes three main sheets:
Dashboard – The interactive front-end for viewing and analyzing data.
Complete Details (Hidden) – Stores employee detailed information.
Designation (Hidden) – Contains all job titles; ensure each designation is unique for accurate analysis.
Others (Hidden) – Use this sheet to input salary data from other companies for benchmarking.
Bonus Offer (Optional):
Want to automate and connect the dashboard to your internal HRMS or database? We offer SQL database integration to sync your data dynamically and keep everything updated in real time (additional charge applies).
Contact:
For SQL integration, customization, contact:
With this dashboard, you'll gain better visibility into how your compensation aligns with market expectations—and take actionable steps toward fair and competitive pay.
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Source: Best Practices in Compensation Excel: Designation-Wise Salary Benchmark Dashboard (1–10 Years Experience) Excel (XLSX) Spreadsheet, g39045529
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