Search
Generic filters

Annual Benefit Spend Change Report Excel Template

Annual Benefit Spend Change Report is the annual comparison report between the amount spent on employee benefits in the current and the previous year.

Furthermore, you can calculate the Benefit Spend Change against the Total Compensation between two periods.

What is Annual Benefit Spend Change?

However, Annual Benefit Spend Change is amount and percentage change in Benefit spend between two specific periods.

Annual Benefit Spend Report Excel Template

We have created Annual Benefit Spend Report is an excel template with predefine formulas for a comparative study of Benefit Spend between two specific periods.

Thus, all you need to do is add the data for respective years and you can calculate the benefit spend change in terms of amount and percentage.

How To Use This Excel Template?

Moreover, Annual Benefit Spend Report Excel Template consists of 2 sections:

  1. Benefit Spend Change
  2. Benefit Spend Change Against Total Compensation

Firstly, this section derives increase or decrease in spends against the same head between two years. Whereas the second section derives decrease or increase of benefit spend against the total compensation paid during those years.

1. Benefit Spend Change

Therefore, Enter the following details of benefits that were spent during two consecutive periods against each head:

Retirement Plans
Health Insurance
Life Insurance
Disability Insurance
Vacation
Others

It will automatically calculate the increase or decrease in spends against the same head between two years.

Therefore, applying above-given formula, the difference in terms of amount as well as in term of percentage will be calculated.

2. Benefit Spend Change Against Total Compensation

So In this section, the benefit spends for respective years will derive from the previous section. You need to enter the total compensation amount for both the years. It will calculate benefit spend rate and difference in terms of amount and percentage.

Thus, The formula applied here is:

Benefit Spend Rate = Benefit Spend/Total Compensation. (Select the percentage format)

Download Annual Benefit Spend Change Report Excel Template
Share on facebook
Share on linkedin
Share on email
Share on whatsapp

Download Guide

Compatible with : Microsoft Office Excel, Libra Office, WPS Office, Google WorkSheet
  • Download The Template XLSX File Format
  • Use the Template

Download Instruction :

All Excel templates and tools are sole property of xlsxtemplates.com. User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from PPTXTemplates.com  Completely Free. All our templates are designed by Professionals

Recently Uploaded Excel Templates: