Calculate incentives based on percentage achievement

Sumit_123

New Member
Joined
Oct 5, 2021
Messages
16
Office Version
  1. 365
Platform
  1. Windows
  2. MacOS
Hi All,
I have a specific problem to which I am not able to find a solution for, any help will be greatly appreciated.
C column is the actuals, F is the target and G is the result of achievement C/F.
Now the incentive band for anyone is if any employee achieves between 98-102% they get full commision.
Anything above or below reduces the commission as shown below in range(R-S).
I calculated the outcome column using the vlookup to bring the incentive to closest percentage. But what I am intending to achieve is such as in Row 3 the achievement is 105.5%. Based on the range table it should be 70% as the outcome column is showing but to be precise the result should be 65% and not 70% because the achievement was .50% above 105% and as the achievement % goes above the incentive decreases.

Please help out and if you have any questions or doubts to clarify please reach

1673423131196.png
 
Other approach:
Book2
GHIRS
1CalcOutcome
2100.00%100%
3117.20%0%
4105.50%65%
582.00%0%AchievementIncentive
687.20%0%88%0%
779.10%0%89%10%
895.40%74%90%20%
991%30%
1092%40%
1193%50%
1294%60%
1395%70%
1496%80%
1597%90%
1698%100%
1799%100%
18100%100%
19101%100%
20102%100%
21103%90.0%
22104%80.0%
23105%70.0%
24106%60.0%
25107%50.0%
26108%40.0%
27109%30.0%
28110%20.0%
29111%10.0%
30112%0.0%
Sheet2
Cell Formulas
RangeFormula
G2:G3G2=C2/F2
H2:H8H2=IF(OR(G2>=1.12,G2<=0.88),0,INDEX(IF(G2>102%,$S$6:$S$31,$S$5:$S$30),MATCH(G2,$R$5:$R$30,1))+MOD(G2*100,1)/10)
Works great but in scenarios where calculation is 103.9%. It's showing 89% instead of 81(results are coming the other way)
 
Upvote 0

Excel Facts

How to fill five years of quarters?
Type 1Q-2023 in a cell. Grab the fill handle and drag down or right. After 4Q-2023, Excel will jump to 1Q-2024. Dash can be any character.
This formula covers entire range.
Excel Formula:
=IFERROR(VLOOKUP(G2,$R$6:$S$30,2,1)+IF(G2<98%,MOD(G2,0.01)*10,IF(G2<102%,0,-MOD(G2,0.01)*10)),0)
 
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