Formula to calculate bonus criteria

fapb48

Board Regular
Joined
Sep 13, 2020
Messages
65
Office Version
  1. 365
Platform
  1. Windows
Hi,

Im trying to build a calculator that automatically tells me how much an employee is entitled to bonus depending on 2 factors

Lets say that employee A sold 170 candys in the week, which was above target, and also her customer feedback was great.
i want to caculate lets say. if employee was above target and had great customer feedback i will pay her £1.30 per candy sold.

Now, lets say that employee B sold 175 candys in the week, which was above target, but her customer feedback was fair.
i want to calculate the above target metric & fair feedback at £1.10 per candy sold.

Which formula should i use?

Should i have a table with the different criteria rates and calculate the data from there or it is not necessary?

And if you could give me some insight on how to construct it would be great
 

Excel Facts

Will the fill handle fill 1, 2, 3?
Yes! Type 1 in a cell. Hold down Ctrl while you drag the fill handle.
I think you may need more criteria

Try

Book2
ABCDE
1FeedbackTargetEmployeeBonus
2Great170A221
3Fair175B192.5
4
5
Sheet1
Cell Formulas
RangeFormula
D2:D3D2=IF(AND(A2="Great",B2>=150),B2*1.3,B2*1.1)
 
Upvote 0
Thank you.
Exactly what i was looking for. Appreciate it
 
Upvote 0

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