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Adding Salary Increase to already prorated salary amount based on a salary increase date

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    Adding Salary Increase to already prorated salary amount based on a salary increase date

    Hello All,

    I am having trouble adding another condition to this long formula (see attached excel file). The formula already prorates monthly salary based on both the hire date and the termination date. However, I now need to incorporate a salary increase % based off a salary increase date. (Columns U and V) in the attached spreadsheet. Any help on how to tweak this formula to add this condition would be much appreciated.

    Thanks!
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    Forum Guru Bo_Ry's Avatar
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    Re: Adding Salary Increase to already prorated salary amount based on a salary increase da

    Please try at AC4
    =$R4*MAX(0,MIN(AC$3,$W4)-MAX($H4-1,EOMONTH(AC$3,-1)))/DAY(AC$3)+$V4*$R4*MAX(0,MIN(AC$3,$W4)-MAX($U4-1,EOMONTH(AC$3,-1)))/DAY(AC$3)
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    Re: Adding Salary Increase to already prorated salary amount based on a salary increase da

    This does exactly what I need. Thank you Bo_Ry!

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