Calculating overtime with 3 different pay rates

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lostinexcelformulas

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I'm struggling with a formula to calculate 3 different rates of pay as part of a timesheet. That being rates of *1, *1.33 & *1.5.
If the employee works normal 8hrs then single rate *1 applies. After those 8 hours working then for a period of 2 hours *1.33 rate applies. After effectively the 8 hours + 2 hours then rate *1.5 applies.
I have tried the limited knowledge that I have to complete this problem but end up going round in circles.
Any ideas. I'm still using Ex'97.
 

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Unfortunately this has been posted into the wrong forum which is why no-one has answered... you could PM a Moderator and ask them to move for you to the Main Excel Questions forum.

In short you have a few options:

=(MIN(8,hours)*rate)+(MAX(0,MIN(2,hours-8))*(rate*1.33))+(MAX(0,hours-10)*(rate*1.5))

where hours is your hours worked figure and rate is your hourly rate value

Alternatively you can use SUMPRODUCT

=SUMPRODUCT(--(hours>{0,8,10}),hours-{0,8,10},rate*{1,.33,.17})

Note: the rate multiplier is incremented (ie 2nd rate is .33 higher than prior rate and so on and so forth)
 
Upvote 0
DonkeyOte said:
Unfortunately this has been posted into the wrong forum which is why no-one has answered... you could PM a Moderator and ask them to move for you to the Main Excel Questions forum.

In short you have a few options:

=(MIN(8,hours)*rate)+(MAX(0,MIN(2,hours-8))*(rate*1.33))+(MAX(0,hours-10)*(rate*1.5))

where hours is your hours worked figure and rate is your hourly rate value

Alternatively you can use SUMPRODUCT

=SUMPRODUCT(--(hours>{0,8,10}),hours-{0,8,10},rate*{1,.33,.17})

Note: the rate multiplier is incremented (ie 2nd rate is .33 higher than prior rate and so on and so forth)
Click to expand...

great thanks
 
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