+ Reply to Thread
Results 1 to 4 of 4

Allocate bonus amount proportionally according to individual scores

  1. #1
    Registered User
    Join Date
    02-28-2020
    Location
    Los Angeles
    MS-Off Ver
    MS office Professional 2019
    Posts
    2

    Allocate bonus amount proportionally according to individual scores

    Hi.

    I am looking to make a spreadsheet to divides up a bonus amount among people.

    The amount should be distributed so that 100% of the funds are distributed to all people but not equally.

    The amount of funds each person gets is determined by their score. The higher the score, the more the bonus they each person gets. The bonus amount is also a percentage of 100%. After the bonus is calculated, 100
    % of the bonus amount should be allocated.





    After the calculation is done, the total of each persons bonus must equal the bonus amount.

    I intend to add more people who will further dilute the bonus amount each other person gets (but the bonus
    amount will increase.





    Thanks
    Bonus 100.00
    Name Score Bonus Amount
    Lisa 28.2200 ?
    Dan 20.3800 ?
    Bob 215.8651 ?
    Mary 352.5401 ?
    Kathy 62.6800 ?
    Michael 36.2247 ?
    Chris 84.5400 ?
    David 1.3500 ?
    Alice 33.2042 ?
    Last edited by 6StringJazzer; 02-28-2020 at 11:04 PM. Reason: Moderator updated title for new user

  2. #2
    Administrator 6StringJazzer's Avatar
    Join Date
    01-27-2010
    Location
    Tysons Corner, VA, USA
    MS-Off Ver
    MS365 Family 64-bit
    Posts
    24,705

    Re: Help on formula to determine percentage

    Is the bonus allocated linearly according to the score? That is, does Mary get 17.30 times as much as Dan? If so, pretty straightforward. First, your format is working against you. Change your format to put the total bonus amount somewhere else, such as D1.

    Scores in column B

    First name on row 2

    Lisa's bonus is

    Formula: copy to clipboard
    Please Login or Register  to view this content.


    and copy down.

    If not, then you need to explain your algorithm for allocating the bonus.
    Jeff
    | | |會 |會 |會 |會 | |:| | |會 |會
    Read the rules
    Use code tags to [code]enclose your code![/code]

  3. #3
    Registered User
    Join Date
    02-28-2020
    Location
    Los Angeles
    MS-Off Ver
    MS office Professional 2019
    Posts
    2

    Re: Allocate bonus amount proportionally according to individual scores

    Thats what I needed. Thanks.

  4. #4
    Forum Expert Pepe Le Mokko's Avatar
    Join Date
    05-14-2009
    Location
    Belgium
    MS-Off Ver
    O365 v 2402
    Posts
    13,446

    Re: Allocate bonus amount proportionally according to individual scores

    If that takes care of your original question, please select Thread Tools from the menu link above and mark this thread as SOLVED.

+ Reply to Thread

Thread Information

Users Browsing this Thread

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

Similar Threads

  1. Allocate amount based on Invoices
    By sebastiand95 in forum Excel Programming / VBA / Macros
    Replies: 0
    Last Post: 02-16-2019, 02:18 PM
  2. How to allocate PIC based on individual target
    By Shermaine2010 in forum Excel Formulas & Functions
    Replies: 10
    Last Post: 06-25-2018, 08:09 PM
  3. [SOLVED] Allocate Amount for Month
    By Billy Spivy in forum Excel General
    Replies: 1
    Last Post: 01-24-2018, 03:55 PM
  4. Create a formula to allocate the amount into appropriate cells
    By kevin211288 in forum Excel Formulas & Functions
    Replies: 4
    Last Post: 06-02-2016, 06:35 PM
  5. Calculation Bonus Amount
    By kbenoit in forum Excel Formulas & Functions
    Replies: 6
    Last Post: 05-17-2016, 03:29 PM
  6. Help with calculating longetivity to bonus amount
    By starstar88 in forum Excel Formulas & Functions
    Replies: 1
    Last Post: 12-09-2015, 07:50 PM
  7. Summing top 2 scores for each individual
    By Wingkong80 in forum Excel General
    Replies: 3
    Last Post: 09-27-2014, 02:54 PM

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 3.6.0 RC 1