Hi,
Please require help on this formula, new to the forum but the internet hasnt helped me find a solution or correct method.
e.g.
Person 1 has a salary of 10000, they generate revenue of 40000.
Criteria 1: if they earn 2.5x or above the salary but less than 3x the salary they earn 20% of the difference
Criteria 2: if they earn above 3x salary then 30% of difference in revenue and 3x salary.
e.g. 10000 salary, 40000 revenue
2.5x salary = 25000
3x salary = 30000
20% bonus is met as revenue exceeds 2.5x salary so = 5000 x 20% = 1000
30% bonus is met as revenue exceeds 3x salary so = 10000 x 30% = 3000 (as previous bonus for previous criteria met for 2.5x)
total bonus = 4000
I need a formula that if the criteria is not met, then flags up as a 0, for instance if under the 2.5x revenue then no bonus, if met the 2,5x criteria but not the 3x criteria then only bonus for that, if met 2.5x and 3 x then bonus for both.
I hope that makes sense!
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