I have an Annual Salary_2 column or"K" that I want to calculate based on the matrix from another sheet (seen below). COLUMN "Score" or "L"has the overall rating where the matrix can find the number for calculating. Not sure the best formula to use in this example?
The Matrix is:
COLUMN A: Overall Performance Rating (decimal rating)
COLUMN B: Merit Increase Percentage (% based on rating)
1.0 - 2.9= 0.00%
3 =0.50%
3.1 =0.75%
3.2 =1.00%
3.3 =1.25%
3.4 =1.50%
3.5 =1.75%
3.6 =2.00%
3.7 =2.25%
3.8 =2.50%
3.9 =2.75%
4 =3.00%
4.1 =3.25%
4.2 =3.50%
4.3 =3.75%
4.4 =4.00%
4.5 =4.25%
4.6 =4.50%
4.7 =4.75%
4.8 =5.00%
4.9 =5.25%
5 =5.50%
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