Balanced Scorecard

Professional Excel Templates for your Business

Balanced Scorecard

The Balanced Scorecard Calculator is a free template that helps to evaluate the performance of a selected employee and calculate their wage in accordance with the results archived. The design of the Balanced Scorecard Calculator allows viewing how well an employee has performed different goals as well as the overall performance.

The calculator automatically adjusts the wage of an employee in accordance with their performance. The calculator is quite simple and can be used for one employee at a time. Moreover, it does not take into account other factors that could impact the final evaluation. The evaluation numbers will appear in two colors, red and blue, and will show whether the employee has underperformed or outperformed the goal.

In case you need a combined calculator for all payroll expenses, have a look at our free Payroll Calculator.

For a more precise calculator, please browse our other products or contact us for a personal approach. If you need customization of this template, click here to purchase some customization hours.

Functionality of the Balanced Scorecard Calculator Template: 
  • evaluate employee’s performance according to the goals set and achieved;
  • adjust the wage in accordance to the overall performance.

Let us do the work for you!


Contact our team if you’re looking for additional support with your company’s financial needs! You can request model adjustments for any template found on our website or request a completely customized financial template with your company’s data (operational budgets, cashflow projections, valuation models, cost analysis and other models).


Our company has over 12 years of experience as outsourced CFOs creating and improving financial models for different industries. Over these years we have worked with 500+ companies from 20+ countries in the world. We bet you won’t be able to name an industry we haven’t made financial models for.


The customization services are performed by the same team of analysts that organizes the Financial Modeling World Cup (our group’s company). The Financial Modeling World Cup is the world’s largest financial modeling competition, enjoyed by top-class modelers from all over the world. Our team is trusted by such big names as Microsoft, the main sponsors of the tournament, and ESPN who broadcast the tournaments to TV audience. You can learn more about FMWC here.

Drop us a line at and we’ll get back to you with an offer!


Have feedback or suggestions? Get in touch with our founder & CEO, Andrew Grigolyunovich, CFA:

8 reviews for Balanced Scorecard

  1. Christina B. Johansen

    If you are in HR and not really in finance, get this one.

  2. Khazan Shishani

    Thank you for giving this free, It helps

  3. Mahidul Mukto

    Best one!

  4. edward


  5. Borja

    It will be very useful for the future.

  6. toddhoon


  7. Dragan Skalusevic


  8. k (verified owner)


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