Hi-
I need help trying to come up with a formula that will retrieve a set payout percent based on a predetermined employee rating. Please see my table data below.
Rating Payout
2.9-3 100%
2.6-2.8 100%
2.4-2.5 100%
2.1-2.3 100%
1.9-2 75%
1.6-1.8 50%
1.4-1.5 0%
1.1-1.3 0%
0-1 0%
The employee rating is predetermined. Using the list of test employees below. What would my formula look like
EE Name Individual Rating Individual Results (Payout %)
Jon Jon 2.5
Jane Doe 3
John Doe 1
Sam Hill 1.8
Grant Luc .80
Shelby Li 2.9
My table would be housed on the first tab in excel, the employee data & where I need to plug in my formula ( Individual Results (Payout %)) would be housed on the second tab.
For example Sam Hill who received a 1.8 rating would be at 50%
Help I need to solve this asap.
Thank you!
I need help trying to come up with a formula that will retrieve a set payout percent based on a predetermined employee rating. Please see my table data below.
Rating Payout
2.9-3 100%
2.6-2.8 100%
2.4-2.5 100%
2.1-2.3 100%
1.9-2 75%
1.6-1.8 50%
1.4-1.5 0%
1.1-1.3 0%
0-1 0%
The employee rating is predetermined. Using the list of test employees below. What would my formula look like
EE Name Individual Rating Individual Results (Payout %)
Jon Jon 2.5
Jane Doe 3
John Doe 1
Sam Hill 1.8
Grant Luc .80
Shelby Li 2.9
My table would be housed on the first tab in excel, the employee data & where I need to plug in my formula ( Individual Results (Payout %)) would be housed on the second tab.
For example Sam Hill who received a 1.8 rating would be at 50%
Help I need to solve this asap.
Thank you!