Sliding scale commission formula

airnitta

New Member
Joined
Mar 10, 2019
Messages
2
Hi all,
I am not an advanced user of Excel by any means and am struggling to create a formula for calculating sliding scale sales commissions.
I'm the manager of a real estate office and require a formula to assist with automatically calculating the commission payable to an agent based on their sale figures below:


Salesperson 1
Nett Commission IncomeConsultant Split
Tier 1: $0 to $100,00045%
Tier 2: >$100,000 to $200,00050%
Tier 3: >$200,000 to $250,00055%
Tier 4: >$250,000 to $300,00060%
Tier 5: >$300,00065%

<tbody>
</tbody>


Salesperson 2
Nett Commission IncomeConsultant Split
Tier 1: $0 to $50,00045%
Tier 2: >$50,000 to $100,00050%
Tier 3: >$100,000 to $150,00055%
Tier 4: >$150,000 to $200,00060%
Tier 5: >$200,000 to $250,00065%
Tier 6: >$250,00070%

<tbody>
</tbody>


Salesperson 3
Nett Commission IncomeConsultant Split
Tier 1: $130,000 to $200,00045%
Tier 2: >$200,00050%

<tbody>
</tbody>



Would like this to be a single cell solution, so need 3 formulas in total - 1 for each salesperson
Any assistance would be greatly appreciated!!!
 

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Michael M

Well-known Member
Joined
Oct 27, 2005
Messages
20,187
Office Version
  1. 2016
  2. 2013
  3. 2007
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  1. Windows
Assuming data in A1, use
Code:
=A1*LOOKUP(A1,{0,100000,200000,250000,300000,1000000},{0.45,0.5,0.55,0.6,0.65})
You can use the same principle to the other salespeople
 

airnitta

New Member
Joined
Mar 10, 2019
Messages
2
Assuming data in A1, use
Code:
=A1*LOOKUP(A1,{0,100000,200000,250000,300000,1000000},{0.45,0.5,0.55,0.6,0.65})
You can use the same principle to the other salespeople


Thanks for your quick reply - I forgot to mention that the sliding scale is accumulative, so if the agent has sold enough properties for a total of $199,000 commission, then the break down would be:
$45,000 (first $100k) and then $49,500 ($100k-$199k) for a total split of $94,500 -

I think the formula above just picks wherever the total amount lies and finds the closest split - is there a way of calculating like I have described above?
 

alpadem

New Member
Joined
Oct 9, 2018
Messages
15
Hi Sir,
You could use this table, and generate for others,
Down (A)Top (B)Rate (C)Rate Difference (D)
045%
45%
0100.00050%%5
100.001200.00055%%5
200.001250.00060%%5
250.001300.00065%%5
300.001UP

<tbody>
</tbody>

IncomeE1

<tbody>
</tbody>
CommissionSUMPRODUCT((E1>B2:B6)*(E1-B2:B6)*(D2:D6))

<tbody>
</tbody>
 

Dave Patton

Well-known Member
Joined
Feb 15, 2002
Messages
4,670
Office Version
  1. 365
  2. 2010
Platform
  1. Windows
<b>Excel 2010</b><table cellpadding="2.5px" rules="all" style=";background-color: rgb(255,255,255);border: 1px solid;border-collapse: collapse; border-color: rgb(187,187,187)"><colgroup><col width="25px" style="background-color: rgb(218,231,245)" /><col /><col /><col /><col /></colgroup><thead><tr style=" background-color: rgb(218,231,245);text-align: center;color: rgb(22,17,32)"><th></th><th>B</th><th>C</th><th>D</th><th>E</th></tr></thead><tbody><tr ><td style="color: rgb(22,17,32);text-align: center;">1</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">199,000.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">94,500.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">2</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">3</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">0.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">45%</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">45%</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">4</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">100,000.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">50%</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">5%</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">5</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">200,000.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">55%</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">5%</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">6</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">250,000.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">60%</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">5%</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">7</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;;"></td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">300,000.00</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">65%</td><td style="text-align: right;border-top: 1px solid black;border-right: 1px solid black;border-bottom: 1px solid black;border-left: 1px solid black;color: #333333;background-color: #FFFFFF;;">5%</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">8</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;border-top: 1px solid black;;"></td></tr></tbody></table><p style="width:1.2em;font-weight:bold;margin:0;padding:0.2em 0.6em 0.2em 0.5em;border: 1px solid rgb(187,187,187);border-top:none;text-align: center;background-color: rgb(218,231,245);color: rgb(22,17,32)">2d</p><br /><br /><table width="85%" cellpadding="2.5px" rules="all" style=";border: 2px solid black;border-collapse:collapse;padding: 0.4em;background-color: rgb(255,255,255)" ><tr><td style="padding:6px" ><b>Worksheet Formulas</b><table cellpadding="2.5px" width="100%" rules="all" style="border: 1px solid;text-align:center;background-color: rgb(255,255,255);border-collapse: collapse; border-color: rgb(187,187,187)"><thead><tr style=" background-color: rgb(218,231,245);color: rgb(22,17,32)"><th width="10px">Cell</th><th style="text-align:left;padding-left:5px;">Formula</th></tr></thead><tbody><tr><th width="10px" style=" background-color: rgb(218,231,245);color: rgb(22,17,32)">C1</th><td style="text-align:left">=SUMPRODUCT(<font color="Blue">--(<font color="Red">B1>C3:C7</font>),B1-C3:C7,E3:E7</font>)</td></tr><tr><th width="10px" style=" background-color: rgb(218,231,245);color: rgb(22,17,32)">E3</th><td style="text-align:left">=D3-N(<font color="Blue">D2</font>)</td></tr></tbody></table></td></tr></table><br />
 

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