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Tiered Bonus Structure

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  1. #1
    Forum Expert NBVC's Avatar
    Join Date
    12-06-2006
    Location
    Mississauga, CANADA
    MS-Off Ver
    2003:2010
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    34,898

    Re: Tiered Bonus Structure

    Try perhaps:

    =MIN(A1,8500)*0.03+MIN(MAX(0,A1-8501),(10500-8501))*0.05+MIN(MAX(0,A1-10501),(15000-10501))*0.07
    where A1 contains the collection value to work with.
    Where there is a will there are many ways.

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  2. #2
    Registered User
    Join Date
    06-18-2009
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    Boce Raton, Fl
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    Excel 2003
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    2

    Re: Tiered Bonus Structure

    That works perfectly. Thanks.

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