Calculating Incentives for different Position & number of working days

fritz_os

New Member
Joined
May 22, 2015
Messages
7
Hello,

Hope anyone could help me with the below problem.

I'm trying to distribute an amount based on a set % for each position but also needs to consider their working days number.

Amount to distribute : 100.000.000

[TABLE="class: grid, width: 650, align: left"]
<tbody>[TR]
[TD]Employe[/TD]
[TD]Position[/TD]
[TD]Position %[/TD]
[TD]Working days[/TD]
[TD]Distributed Amount[/TD]
[/TR]
[TR]
[TD]A[/TD]
[TD]Manager[/TD]
[TD]20%[/TD]
[TD]30[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]B[/TD]
[TD]Manager[/TD]
[TD]20%[/TD]
[TD]30[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]C[/TD]
[TD]Leader[/TD]
[TD]18%[/TD]
[TD]15[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]D[/TD]
[TD]Leader[/TD]
[TD]18%[/TD]
[TD]30[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]E[/TD]
[TD]Team member[/TD]
[TD]12%[/TD]
[TD]20[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]F[/TD]
[TD]Team member[/TD]
[TD]12%[/TD]
[TD]30[/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]











If all the working days are the same I know I can just multiply the percentage of each position to the amount to be distributed. But how do I also take into account the working days so that the distributed amount is fair and the total will still be 100.000.000?

Any help would be appreciated.

Thank you.
 

Excel Facts

Does the VLOOKUP table have to be sorted?
No! when you are using an exact match, the VLOOKUP table can be in any order. Best-selling items at the top is actually the best.
Multiply by the % of days worked for each Employee: 30 / sum(all hours worked) for the EE A.
In general: (TotalDistribution) * (Position %) * (EE WorkingDays / Total WorkingDays)
For EE C: 100.000.000 * (.18) * (15 / sum(30 + 30 + 15 + 30 + 20 + 30))
 
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