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Calculating promotion date

  1. #1
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    Calculating promotion date

    Hi

    I am trying to calculate the promotion date that each employee will gain promotion to the next grade

    G1: Less than 2 years service / Salary £12582
    G2: 2 – 5 years / Salary £16647
    G3: 6 – 10 years / Salary £20145
    G4: 10 years or more / Salary £25687


    What I wanted to do is to find out the date which each employee will gain the next promotion to a different grade

    I can attach the file itself it needed

    Thank you.

  2. #2
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    Re: Calculating promotion date

    Hello
    Try the EDATE function, for example if the employee's start date was in cell A2:

    Formula: copy to clipboard
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    This would give the date of 2 year's service, adjust the 24 to 72 and 120 respectively.

    Hope this helps.
    DBY

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    Re: Calculating promotion date

    Quote Originally Posted by DBY View Post
    Hello
    Try the EDATE function, for example if the employee's start date was in cell A2:

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


    This would give the date of 2 year's service, adjust the 24 to 72 and 120 respectively.

    Hope this helps.
    DBY
    Thank you for helping me with this issue

    I tried this function and it works fine, but I would like to improve on this future. For example I would like to use a VLOOKUP function to bring in the dates.

    From what I can understand to use the VLOOKUP function should I just put the amount of months till the next promotion then use the EDATE function with a VLOOKUP?

  4. #4
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    Re: Calculating promotion date

    Glad you found it useful. You can replace the A2 reference in my example with the VLOOKUP function, as long as it returns a valid date it should still work okay. For example:

    Formula: copy to clipboard
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    DBY
    Last edited by DBY; 11-25-2015 at 12:24 PM. Reason: added example formula.

  5. #5
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    Re: Calculating promotion date

    Quote Originally Posted by DBY View Post
    Glad you found it useful. You can replace the A2 reference in my example with the VLOOKUP function, as long as it returns a valid date it should still work okay. For example:

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


    DBY
    Hi

    This is the formula that I got to work
    =IF(O3="G4","N/A",LOOKUP(L3,Paygrade!$A$2:$A$12,Paygrade!$D$2:$D$12))

    It works but I would like to improve on it, the EDATE function, any way you can help me with that please?

    Thanks

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