Spreadsheet for calculating the cost impact of variable performance pay distribution

1. Sheet1
Entry Level Lower Mid Point Mid Point Upper Mid Point Maximum
Appraisal
Rating
(<80% ile of salary (<90% ile of salary (<100% ile of salary (<110% ile of salary (<120%ile of salary
range) range) range) range) range)
% Colleague
27% 26% 20% 12% 6%
Distribution
4.01 > 5.00 4.00% 2.00% 1.00% 0.00% 0.00%
3.51 > 4.00 3.00% 1.00% 0.00% 0.00% 0.00%
3.01 > 3.50 2.00% 0.00% 0.00% 0.00% 0.00%
2.51 > 3.00 0.00% 0.00% 0.00% 0.00% 0.00%
<=2.5 0.00% 0.00% 0.00% 0.00% 0.00%
X 0.00% 0.00% 0.00% 0.00% 0.00%
PDR Rating Current Distribution @Average of £22,154 @Average of £18,127 Number of awards
PDR 4.01 > 5.00 4% 26 £10,368 £8,483 19
PDR 3.51 > 4.00 28% 182 £43,142 £35,301 96
PDR 3.01 > 3.50 49% 319 £38,102 £31,177 86
PDR 2.51 > 3.00 17% 111 £0 £0 0
PDR <=2.50 2% 13 £0 £0 0
Estimated Cost 650 £91,613 £74,961 201
Assumptions
a) 650 Staff Calculation Settings
b) We use established rates for all roles Average Budget PP
c) 100% PDR Headcount
d) Average base of £22,154 Basic Pay Budget
e) Award distribution is as above Average Basic Pay
f) Cost of awards self funding via headcount reductions or financial performance improvements/savings Average below 100%ile
Page 1