+ Reply to Thread
Results 1 to 8 of 8
  1. #1
    Registered User
    Join Date
    03-08-2010
    Location
    Oregon
    MS-Off Ver
    Excel 2007
    Posts
    5

    function to calculate new wage.

    Hi there I have been trying to figure out for days now how to do this correctly. I hope someone will be able to help me out. I am so frustrated! Basically, I have a spreadsheet in which I need to create a column that will calculate the new wage based on an employees employment status of either FT or PT and also the number of years they have been employed. I have tried a couple different functions and am just getting absolutely no where. Any info or help would be greatly appreciated!!Thanks


    Lori

  2. #2
    Forum Moderator teylyn's Avatar
    Join Date
    10-28-2008
    Location
    New Zealand
    MS-Off Ver
    2003 & 2010
    Posts
    10,042

    Re: function to calculate new wage.

    Hi Loriann,

    welcome to the forum.

    This would be a lot easier to advise on if you could post some sample data that represents your layout and data types. You can upload a file by clicking "Go Advanced" below the Quick Reply box and then the paper clip icon.
    teylyn
    Microsoft MVP - Excel
    At Excelforum, you can say "Thank you!" by clicking the icon below the post.

    Avoid pie charts with more than two data points. Why? See here (pdf, 559 kb). The only acceptable pie chart is here.

  3. #3
    Registered User
    Join Date
    03-08-2010
    Location
    Oregon
    MS-Off Ver
    Excel 2007
    Posts
    5

    Re: function to calculate new wage.

    ThanksTeylyn. I will upload my worksheet. I have tried the v-lookup function. But i cannot seem to figure it out. I am not sure if that is even the right function I need to be using.
    Attached Files Attached Files
    Last edited by Loriann; 03-09-2010 at 12:24 AM.

  4. #4
    Forum Moderator teylyn's Avatar
    Join Date
    10-28-2008
    Location
    New Zealand
    MS-Off Ver
    2003 & 2010
    Posts
    10,042

    Re: function to calculate new wage.

    Hi Lori,

    In your Wages tables add a new row above 1 year of service and enter 0 in all cells.

    Then in H6 try

    =F6*(1+IF(C6="FT",VLOOKUP(G6,'Wages-Tables'!$A$3:$B$10,2,TRUE),VLOOKUP(G6,'Wages-Tables'!$A$14:$B$21,2,TRUE)))

    and copy down.

    cheers
    teylyn
    Microsoft MVP - Excel
    At Excelforum, you can say "Thank you!" by clicking the icon below the post.

    Avoid pie charts with more than two data points. Why? See here (pdf, 559 kb). The only acceptable pie chart is here.

  5. #5
    Registered User
    Join Date
    03-08-2010
    Location
    Oregon
    MS-Off Ver
    Excel 2007
    Posts
    5

    Re: function to calculate new wage.

    Thankyou!!!!

  6. #6
    Registered User
    Join Date
    03-08-2010
    Location
    Oregon
    MS-Off Ver
    Excel 2007
    Posts
    5

    Re: function to calculate new wage.

    Hi again sorry to be a pest but I am still confused on how to get the next column to figure out the annual bonus. I have tried changing the G6 cells in the formula to the F6 and changing the column in the v-lookup to column 4. I keep getting the error message REF. Can you point me back in the right direction?

  7. #7
    Forum Moderator teylyn's Avatar
    Join Date
    10-28-2008
    Location
    New Zealand
    MS-Off Ver
    2003 & 2010
    Posts
    10,042

    Re: function to calculate new wage.

    Hi Lori,

    with zeros also added in the first row of the bonus tables, use

    =IF(C6="FT",VLOOKUP(F6,'Wages-Tables'!$D$3:$E$6,2,TRUE),VLOOKUP(H6,'Wages-Tables'!$D$14:$E$17,2,TRUE))

    see attached.
    Attached Files Attached Files
    teylyn
    Microsoft MVP - Excel
    At Excelforum, you can say "Thank you!" by clicking the icon below the post.

    Avoid pie charts with more than two data points. Why? See here (pdf, 559 kb). The only acceptable pie chart is here.

  8. #8
    Registered User
    Join Date
    03-08-2010
    Location
    Oregon
    MS-Off Ver
    Excel 2007
    Posts
    5

    Thumbs up Re: function to calculate new wage.

    Thankyou very much for your help on this. I have done really well in my excel class until we got into the function stuff I have felt totally lost. Your a life saver!!

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.2.0