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Bonus Calculation

  1. #1
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    Bonus Calculation

    A bonus spreadsheet is currently set-up to calculate a total bonus and then divides it equally among the total employees with each associate earning the same amount. I need a formula that takes the total bonus to be paid and divides it among the employees based on being full time or part time. With a part timer making half the bonus a full timer earns of the total bonus that is calculated.

  2. #2
    Forum Expert shg's Avatar
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    Re: Bonus Calculation

    If you have 5 full-time employees and 7 part-time, divide the total bonus by (2*5 + 7). Full-time employees get two shares and part-time employees get 1.
    Entia non sunt multiplicanda sine necessitate

  3. #3
    Forum Guru MarvinP's Avatar
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    Re: Bonus Calculation

    Hi kasava,

    Find the attached which does what I think you want. If it isn't even close, you should attach a sample workbook.
    Attached Files Attached Files
    One test is worth a thousand opinions.
    Click the * Add Reputation below to say thanks.

  4. #4
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    Re: Bonus Calculation

    I think that will work! Many thanks.

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