• Status: Solved
  • Priority: Medium
  • Security: Public
  • Views: 337
  • Last Modified:

Excel: how to use if, and or statements to calculate bonus

I need to calculate bonuses for employees based on their salary and number of children they have based on the following table                        
            
      
Please assist?
TABLE.png
0
badtz7229
Asked:
badtz7229
1 Solution
 
FlysterCommented:
If you have salary in column A and Kids in column B, use this formula in column C:

=IF(AND(A2<800,B2>=3),300,IF(AND(A2<800,B2>0),150,IF(AND(A2<1000,B2>=3),200,IF(AND(A2<1000,B2>0),100,IF(AND(A2<1200,B2>=3),120,IF(AND(A2>=1200,B2>=3),60,IF(AND(A2>=1200,B2>0),50,0)))))))

Flyster
CalcBonus.xlsx
0
 
Rgonzo1971Commented:
Hi,

Or you could use

=MAX(IF(AND(A1<800,B1>=3),300),IF(A1<800,150),IF(AND(A1<1000,B1>=2),200),IF(A1<1000,100),IF(AND(A1<1200,B1>=3),120),IF(AND(A1>1200,B1>=3),60),50)

Open in new window

Regards
0
 
Rob HensonIT & Database AssistantCommented:
If you were to reformat your table with Salary down the side, number of kids across the top and bonus in the grid, you could use an INDEX or MATCH lookup to find your required value.

Thanks
Rob H
0
What does it mean to be "Always On"?

Is your cloud always on? With an Always On cloud you won't have to worry about downtime for maintenance or software application code updates, ensuring that your bottom line isn't affected.

 
Rob HensonIT & Database AssistantCommented:
By having a grid as suggested above I was able to get the attached results.

Question though, what happens for those with no kids? I have assumed zero bonus.

Thanks
Rob H
Bonus-chart.xlsx
0
 
badtz7229Author Commented:
thank you . this worked successfully.
0
 
badtz7229Author Commented:
Flyster your solution worked but not entirely.
For the condition where :
salary kid
850            0
900            2
900            0

it returned 0. where in fact, it should've returned 100,200,100 respectively.
0

Featured Post

What is SQL Server and how does it work?

The purpose of this paper is to provide you background on SQL Server. It’s your self-study guide for learning fundamentals. It includes both the history of SQL and its technical basics. Concepts and definitions will form the solid foundation of your future DBA expertise.

Tackle projects and never again get stuck behind a technical roadblock.
Join Now