+ Reply to Thread
Results 1 to 5 of 5

Calculating Wages

  1. #1
    Registered User
    Join Date
    12-03-2011
    Location
    Los Angeles, CA, USA
    MS-Off Ver
    Excel 2010
    Posts
    1

    Question Calculating Wages

    I need to use a formula that can calculate my own wages as follows:

    First 8 hours = $8/hr
    Up to 10 hours = time + 1/2 after 8 hours ($12/hr)
    Up to 16 hours = double time after 10 hours ($16/hr)
    Over 16 hours = the foregoing + day's pay at $64

    I need a formula that take the sum of my hours and convert it to a number of pay based on the foregoing rates and conditions. Can someone please help me with this?
    Attached Files Attached Files

  2. #2
    Forum Expert ConneXionLost's Avatar
    Join Date
    03-11-2009
    Location
    Victoria, Canada
    MS-Off Ver
    2010
    Posts
    2,952

    Re: Calculating Wages

    In cell J3 try:

    Please Login or Register  to view this content.
    Cheers,
    Would you like to say thanks? Please click the: " Add Reputation" button, on the grey bar below the post.

  3. #3
    Forum Contributor
    Join Date
    02-22-2011
    Location
    Rhône Alpes, France
    MS-Off Ver
    Excel 2007
    Posts
    201

    Re: Calculating Wages

    Hi,
    See attached a variant with the function Vlookup and a table.
    Advantage : you never change the formulas.
    Best regards.
    Attached Files Attached Files

  4. #4
    Forum Expert
    Join Date
    12-23-2006
    Location
    germany
    MS-Off Ver
    XL2003 / 2007 / 2010
    Posts
    6,326

    Re: Calculating Wages

    @jpr

    the Vlookup idea is interesting but the calculation does not yield the correct result

    @ryan

    There is a small typo in Connexion's formula.( unnecessary absolute references)

    Amend as follows
    Please Login or Register  to view this content.
    I suggest you change your formula in G3 to
    Please Login or Register  to view this content.
    This will allow for ending times past midnight

  5. #5
    Forum Guru DonkeyOte's Avatar
    Join Date
    10-22-2008
    Location
    Northumberland, UK
    MS-Off Ver
    O365
    Posts
    21,531

    Re: Calculating Wages

    another alternative might be:

    Please Login or Register  to view this content.
    I agree with arthurbr that you should use a MOD based function in G if your shifts can cross midnight (and never exceed 24 hours in duration).

    If you need to subtract meal times etc from your calculation modify accordingly.

+ Reply to Thread

Thread Information

Users Browsing this Thread

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

Tags for this Thread

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