Wages Caluulation

manoj1984

New Member
Joined
Aug 8, 2013
Messages
1
i have 4 slabs for incentives like....

1 to 24 days = 0
25 to 26 days = 250
27 to 28 days = 500
29 to 31 days = 1000

every month depending upon the number of days worked by the person, automatically the incentive should add up with his wages.... pls can any one suggest me a formula for the same...
 

Excel Facts

Spell Check in Excel
Press F7 to start spell check in Excel. Be careful, by default, Excel does not check Capitalized Werds (whoops)
I would create a table and use the VLOOKUP formula. (In this case you could use the LOOKUP but but the VLOOKUP has more capability so I never use the LOOKUP) You can search VLOOKUP in your Excel help file for more details on how it works. Here is an example:


Excel 2002
ABCDE
1Number of Days26Wage250
2
3
4DaysWage
500
625250
727500
8291000
Sheet1
Cell Formulas
RangeFormula
E1=VLOOKUP($B$1,$A$5:$B$8,2)
 
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