Commission Per Sale + Tiers

TradieMike

New Member
Joined
Feb 11, 2020
Messages
3
Office Version
  1. 365
Platform
  1. MacOS
Hi Guys,

I was hoping you'd be able to help me with a formula to calculate monthly commissions for my team.

My team are paid per sale with the amount of commission increasing at different tiers.

0-5 sales = $0 per sale
6-55 sales = $25 per sale
56+ sales = $50 per sale

55 would equal to 100% of target and would result in $1,250 commision and then ever sale after that is worth $50 so for example if the achieve 56 sales then their total commission would be $1,300.

So what I'm looking for (if possible) is a formula that would allow me to just enter the amount of sales next to the agent (as show below) and it do that calculation for me.

Screen Shot 2020-02-12 at 2.51.10 PM.png


Any help would be appreciated.

Cheers,
Mike
 

Excel Facts

Workdays for a market open Mon, Wed, Friday?
Yes! Use "0101011" for the weekend argument in NETWORKDAYS.INTL or WORKDAY.INTL. The 7 digits start on Monday. 1 means it is a weekend.
Hi,

Can someone explain how AhoyNC's formula works?

Thanks
 
Upvote 0

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