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Tiered Bonus Structure template

  1. #1
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    Question Tiered Bonus Structure template

    Hi I'm trying to find a good way to create an formula to calculate a bonus off a tiered structure. if the # of houses is 250 - how can i get it to calculate the first 200 * $10 and the last 50*$15. etc... Any help anyone can give would be great!! Thanks in advance


    #houses $per house

    0-200 $10
    201-400 $15
    401-600 $20
    601-above $30

  2. #2
    Forum Expert shg's Avatar
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    Re: Tiered Bonus Structure template

    A
    B
    C
    D
    1
    Houses
    Comm
    Delta
    2
    0
    $10
    $10
    C2: =B2-N(B1)
    3
    200
    $15
    $5
    4
    400
    $20
    $5
    5
    600
    $30
    $10
    6
    7
    Houses
    Comm
    8
    100
    $1,000
    B8: =SUMPRODUCT((A8 > $A$2:$A$5) * (A8 - $A$2:$A$5) * $C$2:$C$5)
    9
    200
    $2,000
    10
    300
    $3,500
    11
    400
    $5,000
    12
    500
    $7,000
    13
    600
    $9,000
    Entia non sunt multiplicanda sine necessitate

  3. #3
    Valued Forum Contributor jtakw's Avatar
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    Re: Tiered Bonus Structure template

    Hi,

    You can set it up this way:

    Excel 2016 (Windows) 64 bit
    A
    B
    C
    D
    E
    F
    G
    1
    Greater than To Bonus Delta # Houses Bonus
    2
    0
    200
    10
    10
    250
    2750
    3
    200
    400
    15
    5
    401
    5020
    4
    400
    600
    20
    5
    175
    1750
    5
    600
    30
    10
    750
    13500
    Sheet: Sheet87

    Excel 2016 (Windows) 64 bit
    G
    1
    Bonus
    2
    =SUMPRODUCT((A$2:A$5<F2)*(F2-A$2:A$5)*D$2:D$5)
    Sheet: Sheet87

  4. #4
    Administrator FDibbins's Avatar
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    Re: Tiered Bonus Structure template

    with the value in Q2...
    =IF(Q2<200,10,IF(Q2<400,10+15,IF(Q2<600,25+20,45+30)))

    edit: Mis-read the question, I need to * not +
    1. Use code tags for VBA. [code] Your Code [/code] (or use the # button)
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    Regards
    Ford

  5. #5
    Administrator FDibbins's Avatar
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    Re: Tiered Bonus Structure template

    OK, I came up with this...
    =IF(Q2<200,Q2*10,IF(Q2<400,2000+5*Q2,IF(Q2<600,5000+5*Q2,9000+Q2*5)))

  6. #6
    Valued Forum Contributor jtakw's Avatar
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    Re: Tiered Bonus Structure template

    Another option for OP if he/she doesn't want to set up the table as shg and I suggested above:

    Excel 2016 (Windows) 64 bit
    A
    B
    C
    D
    E
    F
    7
    From To Bonus # Houses Bonus
    8
    0
    200
    10
    250
    2750
    9
    201
    400
    15
    401
    5020
    10
    401
    600
    20
    175
    1750
    11
    601
    30
    750
    13500
    Sheet: Sheet87

    Excel 2016 (Windows) 64 bit
    F
    7
    Bonus
    8
    =MIN(F2,B$8)*C$8+MEDIAN(0,F2-B$8,B$9-B$8)*C$9+MEDIAN(0,F2-B$9,B$10-B$9)*C$10+MAX(0,F2-B$10)*C$11
    Sheet: Sheet87

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