Hi
I’m trying to work out an appropriate formula to automatically calculate commission. Our commission structure is below;
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Commission is calculated as follows based on this person sales being £21k for December and there target being £12,500
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If commission falls under 75% the just get the 2.5% or the 5% depending on where it falls but if it’s over 100% they get commission on there target and any amount over the target is -
ie:
75 – 100% is 12500 = 10% commission
100-150% is 6250 = 15% commission
150 – 200% is 2250 = 20 % commission
12500 + 6250 + 2250 = 21000
Thanks in advance for your help
I’m trying to work out an appropriate formula to automatically calculate commission. Our commission structure is below;
Commission band £12,500 | Percentage |
0 – 50% | 2.5 |
50 – 75% | 5 |
75 – 100% | 10 |
100 – 150% | 15 |
150 – 200% | 20 |
200% + | 30 |
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Commission is calculated as follows based on this person sales being £21k for December and there target being £12,500
Commission band £12,500 | Percentage | Commission | |
£0 – £6,250 | 0 – 50% | 2.5 | |
£6,250 – £9,375 | 50 – 75% | 5 | |
£9,375 – £12,500 | 75 – 100% | 10 | 1,250.00 |
£12,500 – £18,750 | 100 – 150% | 15 | 937.50 |
£18,750 – £25,000 | 150 – 200% | 20 | 450.00 |
£25,000 + | 200% + | 30 | |
Total Due December | 2,637.50 |
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If commission falls under 75% the just get the 2.5% or the 5% depending on where it falls but if it’s over 100% they get commission on there target and any amount over the target is -
ie:
75 – 100% is 12500 = 10% commission
100-150% is 6250 = 15% commission
150 – 200% is 2250 = 20 % commission
12500 + 6250 + 2250 = 21000
Thanks in advance for your help