Free Template

A Free Headcount & Salary Budget Template That Actually Reconciles

Most "headcount templates" are just a list of names. This one puts your budgeted positions next to the actual people in them and calculates the variance — so you can see, live, where you're over budget, under budget, vacant, or overfilled. Free Excel download, no email required.

Free forever  ·  No email  ·  Works in Excel & Google Sheets

Budgeted positions on one tab. Actual people on another. Variance that calculates itself.

Four tabs, built to mirror how HR and Finance actually think about headcount:

  • Positions — every budgeted slot, filled or not, with FTE, pay rate, department, and funding source
  • Incumbents — the actual people, tied to a position, with actual FTE and salary
  • Budget vs. Actual — auto-calculated: budgeted vs. actual FTE and cost, dollar and percent variance, vacancies, overfills, grand totals
  • Pre-loaded with a small sample org so you can see the formulas work before you clear it and add your own

From Infisoft — position control specialists since 1996.

Budget vs. actual headcount — budgeted positions reconciled against actual incumbents with live variance

Why a plain headcount list never balances the budget

A list of employees tells you who works here today. It doesn't tell you what you planned to spend on headcount, or whether reality matches the plan. The budget question isn't "who's here" — it's "how does what we're actually paying compare to what was approved, right now?" Answering that means holding two things side by side:

The gap between those two is where everything lives: a funded position no one's filled yet (vacancy), two half-people in a one-person slot (overfill), a raise that pushed a role over budget. That's what this template reconciles, and it's why it needs both the Positions tab and the Incumbents tab — not just a roster.

What the template does

Fill in your positions and your people, and the Budget vs. Actual tab does the reconciliation for you — matching each person back to their position, summing actual FTE and cost, and flagging every row as Filled, Vacant, Under-filled, or Overfilled, with the dollar and percent variance. The sample data that ships in it shows a real edge case on purpose: one position filled by two part-time people at 1.2 FTE total, so you can see an "OVERFILLED" flag light up.

And here's the honest part: keeping it accurate is a job

The template works. The math is solid. But run it against a real organization for a few months and the maintenance is where it hurts:

That upkeep — not the formulas — is the real cost of doing headcount budgeting in a spreadsheet. It's also exactly the work that quietly eats a day every month and breaks the first time you hand it to someone else.

When the spreadsheet becomes the chore, that's what PowerPCS is for

PowerPCS does everything this template does — budgeted vs. actual FTE and cost, vacancies, overfills, funding by source — except it does it automatically, from your position data, and stays correct on its own. No hand-maintained links, no re-summing, no silent drift. You also get the live org chart, change history, and reporting on top. It's the same idea as this template, grown up: tracking the budgeted positions, not just the people.

Start with the free template. When keeping it current stops being worth your time, you'll know exactly what to reach for.

Built to grow with you: the template's columns line up with the PowerPCS Positions and Incumbents import, so if you outgrow it, your data comes along — you import the same spreadsheet instead of starting over.

Download the template — then let the software take it from here.

Free Excel headcount & salary budget template, no email required. And when the upkeep gets old, PowerPCS keeps budget-vs-actual correct automatically. Try it free for 14 days.