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sumproduct for bonus

  1. #1
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    sumproduct for bonus

    Hi

    I am using sumproduct to calculate bonus....the formula works great:
    =SUMPRODUCT((Bonus!$C$8:$C$19<=F8)*(Bonus!$E$8:$E$19>=F8),Bonus!$G$8:$G$19)

    However, there is a criteria that I do not know how to add to my formula:

    If someone makes ABOVE 150% to plan, then their payout is "$11,000 + $100 per % achievement above 150%"

    I have attached my sample. you will notice in row 12, the example shows 169.09% to plan or 19.05% over 150% mark, so it should be $100*19.05%

    How can i add this to my formula?

    thxs for the help!
    Attached Files Attached Files

  2. #2
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    Re: sumproduct for bonus

    bonus_sample_sumprod (1).xlsx

    Hi JW,

    Does this help (please see attached)?
    Regards,

    jeversf

  3. #3
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    Re: sumproduct for bonus

    Hello jeversf

    thanks for your response; i ended up doing a similar method to yours

    =IF(L8>150%,(SUMPRODUCT((Bonus!$C$6:$C$17<=$L8)*(Bonus!$E$6:$E$17>=$L8),Bonus!$G$6:$G$17))+(((L8-150%)*100)*100)

    thxs for your great help!

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