salary increment percentwise in yearly basis

amezin

New Member
Joined
May 17, 2011
Messages
1
Can any body tell me how to calculate the salary in the given scenario in Microsoft Excel.

I have Date of Join, current date, and total for the date to know how many years and month he served, basic salary in the cells.

Now i need is
1. calculate the date.
2. every year employee salary will be increased in different term like (e.g. if he severed for 1 year 3% will be increase if 2 years then 4% like wise up to 10 years every year 1% will be increased. by 10 he will get 12% and after 10+ same 12% will be given.

i tried it so many times i don't what is wrong. any one know the solution.?

please help.
 

Excel Facts

Round to nearest half hour?
Use =MROUND(A2,"0:30") to round to nearest half hour. Use =CEILING(A2,"0:30") to round to next half hour.

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