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Piece work incentive plan w/hourly rate of pay + bonus + bonus 2

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    Piece work incentive plan w/hourly rate of pay + bonus + bonus 2

    Hello all,
    I am not very versed at Excel and have come a long way since starting this workbook. I have been set back a few times when working out the best way to go about getting the data I need correct and easily entered. What I'm trying to do is create a piecework workbook that does the following:

    Enter time worked per pay period per part worked
    Pay bonus per piece > quota
    Pay bonus 2 per piece > set number above quota
    Incentive to scale from .25 to 80 hours

    I have created worksheets for both a VLOOKUP as well as one that is just formula based with tables to control the bonus and quota.

    Any help on this would be much appreciated as I have spent many hours thinking I had it done only to find that something doesn't work right when the hours reported are small.

    Thank you
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  2. #2
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    Re: Piece work incentive plan w/hourly rate of pay + bonus + bonus 2

    My real issue currently is that the quota is calculated based off the actual hours worked and if I create an equation to figure this per pay period it returns a different amount than if figured daily. I'm sure the solution is simple I am just missing it or the formula to do what I need.

  3. #3
    Forum Moderator AliGW's Avatar
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    Re: Piece work incentive plan w/hourly rate of pay + bonus + bonus 2

    Where in the workbook are we meant to be looking? Worksheet and cell references, please.
    Ali


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