Good Morning,
I need help with an equation to finish my skills matrix. I want the calculate the hour rate of pay to increase for every skill greater than 1.
Each skill has a total of 4 levels.
Level 1 = Basic
Level 2 = Performs with help
Level 3 = Performs well
Level 4 = Trainer
So let say Fred starts as a new employee at $14.00 per hour. His minimum skill to operate is 14 (1 point for each skill).
6 months later Fred had progressed to 2's and 3's on his skills matrix. Each point greater than 1 is worth $.011 each. The maximum points that can be achieved is 56.
Cell E8 is the skills award calculation (Skills points earned)
Cell D8 = Current wage ($14.00 hand typed)
Cells G8-T8 are the actual skills (each cell has a data validation list values 1-4)
Cell U8 is the total points accumulated (sum of all points)
I want the equation to add each skills point greater than 1 and multiply it by the $.011
This way I can demonstrate a succession plan to earn more $ for each training and or skill improved.
Thoughts?
I need help with an equation to finish my skills matrix. I want the calculate the hour rate of pay to increase for every skill greater than 1.
Each skill has a total of 4 levels.
Level 1 = Basic
Level 2 = Performs with help
Level 3 = Performs well
Level 4 = Trainer
So let say Fred starts as a new employee at $14.00 per hour. His minimum skill to operate is 14 (1 point for each skill).
6 months later Fred had progressed to 2's and 3's on his skills matrix. Each point greater than 1 is worth $.011 each. The maximum points that can be achieved is 56.
Cell E8 is the skills award calculation (Skills points earned)
Cell D8 = Current wage ($14.00 hand typed)
Cells G8-T8 are the actual skills (each cell has a data validation list values 1-4)
Cell U8 is the total points accumulated (sum of all points)
I want the equation to add each skills point greater than 1 and multiply it by the $.011
This way I can demonstrate a succession plan to earn more $ for each training and or skill improved.
Thoughts?
