Formula for figuring a multiplier in a range

Doc_H

New Member
Joined
Jun 22, 2012
Messages
8
Hi all, I'm new to the forum and I'm thankful for it as it is a great source of knowledge.

Here's my dilemma:
I am in need of a formula that will figure out a multiplier number from a range of numbers. Here's the example I'm working with. This will be used in a worksheet to measure performance and incentive pay for my group and below is a sample of one of the many goals for the group. Incentive will be calculated on a point system. The multiplier is based on the "Actual Result" or performance of the individual. With that said, if the value falls between a range within say, the threshold rate of 1.75% and the target rate of 1.25%, what formula can assist in figuring out the actual multiplier?


[TABLE="width: 500"]
<tbody>[TR]
[TD="align: center"]Available
Points[/TD]
[TD][/TD]
[TD](Multiplier)[/TD]
[TD]Targets[/TD]
[TD][/TD]
[TD="align: center"][/TD]
[TD="align: center"]ACTUAL RESULT[/TD]
[TD="align: center"][/TD]
[TD="align: center"]POINTS
EARNED[/TD]
[/TR]
[TR]
[TD="align: center"]15[/TD]
[TD][/TD]
[TD="align: center"]50%[/TD]
[TD="align: center"]Threshold[/TD]
[TD="align: center"]1.75%[/TD]
[TD="align: center"][/TD]
[TD="align: center"]1.36%[/TD]
[TD="align: center"][/TD]
[TD="align: center"]=Multiplier X Available Points[/TD]
[/TR]
[TR]
[TD="align: center"][/TD]
[TD="align: center"][/TD]
[TD="align: center"]100%[/TD]
[TD="align: center"]Target[/TD]
[TD="align: center"]1.25%[/TD]
[TD="align: center"][/TD]
[TD="align: center"]Multiplier[/TD]
[TD="align: center"][/TD]
[TD="align: center"][/TD]
[/TR]
[TR]
[TD="align: center"][/TD]
[TD="align: center"][/TD]
[TD="align: center"]200%[/TD]
[TD]Maximum[/TD]
[TD]0.75%[/TD]
[TD][/TD]
[TD="align: center"][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]

Any assistance is greatly appreciated!

Thank you!
 

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.

Forum statistics

Threads
1,223,164
Messages
6,170,444
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