Commission calculation - payout percentage based on target achievement percentage

Captain Hindsight

New Member
Joined
Oct 9, 2013
Messages
46
I am struggling to put a formula together for the below set of inputs:

[TABLE="width: 155"]
<tbody>[TR]
[TD]Target achievement[/TD]
[TD]% payout[/TD]
[/TR]
[TR]
[TD="align: right"]90%[/TD]
[TD="align: right"]0[/TD]
[/TR]
[TR]
[TD="align: right"]95%[/TD]
[TD="align: right"]50%[/TD]
[/TR]
[TR]
[TD="align: right"]100%[/TD]
[TD="align: right"]100%[/TD]
[/TR]
[TR]
[TD="align: right"]110%[/TD]
[TD="align: right"]150%[/TD]
[/TR]
[TR]
[TD]120%[/TD]
[TD="align: right"]200%[/TD]
[/TR]
</tbody>[/TABLE]

So if the target was £1000, and they achieved £900 they get nothing, if they got £1100 they get 150%.

I need to know the payout % based on actual achievement. Note how the rate the payout increases is double when above 100%.

Here's the formula I have which just returns false.

=IF((N7>=T8),"200%",IF((N7<=$R$8),"0",IF((N7<=R8<=S8),((O7-V7)*10),IF((N7<=S8<=T8),(V9+((O7-V9)*5))))))

Where N7 is the value achieved, M7 is the target. R6 to T6 are the values to achieve 0%, 100% or 200% payout.

V7 to V11 is the target achievement %'s and W7 to W11 is the payout %'s.
 

Excel Facts

Whats the difference between CONCAT and CONCATENATE?
The newer CONCAT function can reference a range of cells. =CONCATENATE(A1,A2,A3,A4,A5) becomes =CONCAT(A1:A5)

Forum statistics

Threads
1,223,162
Messages
6,170,432
Members
452,326
Latest member
johnshaji

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top