Creating a Sliding Commission Scale in Excel
Hi
I have a Sliding Scale Commission that I pay my staff.
They have to submit an invoice to me to show how much sales have been done and then how much I need to pay them in commission.
I would like to create a generic Excel spreadsheet that they complete the total sales amount and it works out their commission pay in another box.
The scale is:
£0-£2000 @ 15%
£2000-£3000 @ 16%
£3000-£4000 @ 17%
£4000+ @18%
So for example, if their sales is £2500:
they would get 15% of the £2000 = £300
then they would get 16% on the £500 = £80
so I would pay them £380
Is there a way to do this?
TIA
Hi I have a Sliding Scale Commission that I pay my staff. They have to submit an invoice to me to show how much sales have been done and then how much I need to pay them in commission. I would like to create a generic Excel spreadsheet that they complete the total sales amount and it works out their commission pay in another box. The scale is:£0-£2000 @ 15%£2000-£3000 @ 16%£3000-£4000 @ 17%£4000+ @18%So for example, if their sales is £2500:they would get 15% of the £2000 = £300then they would get 16% on the £500 = £80 so I would pay them £380 Is there a way to do this? TIA Read More