Tiered Bonus & Commission in Excel

J

jenni554

New Member
Joined
May 23, 2017
Messages
3
Hi,
I need to calculate the bonus that will be applied in addition to the normal 3% commission. The tiers are:

35000-50000 3.5% (bonus is only on amount within 35-50k)
50000-75000 5.0%
75000-100000 10.0%
100000-125000 15.0%

I need to be able to say for example: 65000 commission would be a bonus of 1275.00. Total payout: 66275. What would be the best way to set up a formula for this?
 
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Dave Patton said:
Please show what you have tried.

Suggestions
- if formula
- logic formula
- above suggestion

If the person sells 500 units what will he be paid?
Click to expand...

If the person sells 500 units and $200 per they would be paid $100,000

All I have is a simple lookup that tells them the rate at which they are being paid out

=VLOOKUP(C10,$C$4:$D$6,2,TRUE)

[TABLE="width: 319"]
<colgroup><col><col><col></colgroup><tbody>[TR]
[TD]Sales Tiers[/TD]
[TD]Tier Minimum[/TD]
[TD]Payout Rate[/TD]
[/TR]
[TR]
[TD]0-30[/TD]
[TD]0[/TD]
[TD]$0[/TD]
[/TR]
[TR]
[TD]31-59[/TD]
[TD]31[/TD]
[TD]$125[/TD]
[/TR]
[TR]
[TD]$60[/TD]
[TD]60[/TD]
[TD]$200
[/TD]
[/TR]
</tbody>[/TABLE]

I'm trying to figure out a way that as they go along week by week and add in their numbers that it would figure out commissions based on the tiers and spit out a number... less than 30 they get no commission 31 plus $125 each and so on.
 
Upvote 0

Excel Facts

Can Excel fill bagel flavors?
You can teach Excel a new custom list. Type the list in cells, File, Options, Advanced, Edit Custom Lists, Import, OK
You could use a table similar to the one above:

BCDEFGHIJK
TierRateDifferentialWeekSalesSales to dateBonusBonus to date

<tbody>
[TD="align: center"]1[/TD]

[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]2[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]1[/TD]
[TD="align: right"]5[/TD]
[TD="align: right"]5[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]

[TD="align: center"]3[/TD]
[TD="align: right"]31[/TD]
[TD="align: right"]125[/TD]
[TD="align: right"]125[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]2[/TD]
[TD="align: right"]10[/TD]
[TD="align: right"]15[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]

[TD="align: center"]4[/TD]
[TD="align: right"]61[/TD]
[TD="align: right"]200[/TD]
[TD="align: right"]75[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]3[/TD]
[TD="align: right"]13[/TD]
[TD="align: right"]28[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]

[TD="align: center"]5[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]4[/TD]
[TD="align: right"]7[/TD]
[TD="align: right"]35[/TD]
[TD="align: right"]500[/TD]
[TD="align: right"]500[/TD]

[TD="align: center"]6[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]5[/TD]
[TD="align: right"]10[/TD]
[TD="align: right"]45[/TD]
[TD="align: right"]1250[/TD]
[TD="align: right"]1750[/TD]

[TD="align: center"]7[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]6[/TD]
[TD="align: right"]19[/TD]
[TD="align: right"]64[/TD]
[TD="align: right"]2600[/TD]
[TD="align: right"]4350[/TD]

[TD="align: center"]8[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]7[/TD]
[TD="align: right"]21[/TD]
[TD="align: right"]85[/TD]
[TD="align: right"]4200[/TD]
[TD="align: right"]8550[/TD]

[TD="align: center"]9[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]8[/TD]
[TD="align: right"]1[/TD]
[TD="align: right"]86[/TD]
[TD="align: right"]200[/TD]
[TD="align: right"]8750[/TD]

[TD="align: center"]10[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]9[/TD]
[TD="align: right"]414[/TD]
[TD="align: right"]500[/TD]
[TD="align: right"]82800[/TD]
[TD="align: right"]91550[/TD]

[TD="align: center"]11[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]10[/TD]
[TD="align: right"][/TD]

[TD="align: center"]12[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]11[/TD]
[TD="align: right"][/TD]

[TD="align: center"]13[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]12[/TD]
[TD="align: right"][/TD]

[TD="align: center"]14[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"]13[/TD]
[TD="align: right"][/TD]

</tbody>
Sheet6​

[TABLE="width: 85%"]
<tbody>[TR]
[TD]Worksheet Formulas[TABLE="width: 100%"]
<tbody>[TR]
[TH]Cell[/TH]
[TH="align: left"]Formula[/TH]
[/TR]
[TR]
[TH]I2[/TH]
[TD="align: left"]=IF(H2<>"",SUM($H$2:$H2),"")[/TD]
[/TR]
[TR]
[TH]J2[/TH]
[TD="align: left"]=IFERROR(K2-K1,K2)[/TD]
[/TR]
[TR]
[TH]K2[/TH]
[TD="align: left"]=IF(H2<>"",SUMPRODUCT(--(SUM($H$2:$H2)>$B$2:$B$4),(SUM($H$2:$H2)-$B$2:$B$4),$D$2:$D$4),"")[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[/TR]
</tbody>[/TABLE]



Put the tiers and rates in B1:D4. Then you can create the table in G1:K14. Put the formulas in I2:K2, then drag down to row 14. Now as they enter their sales in column H, the totals in I:K will update automatically.

Note that this calculates a bonus of $91,550 for 500 sales. This is because the first 30 sales earned $0, and the next 30 earned $125 each. If you really do want a bonus of $100,000, then I can adjust the formulas.
 
Last edited:
Upvote 0
Your information is not clear.
What is the amount for 72 units

What is the amount for 500 units.


Excel 2010
ABCD
1Month 1Month 2Month 3
2Units270428
3Cumulative272500
4Payment total06,15091,750
506,15085,600
6
706,15091,750
8Prior06,15085,600
9
7a
Cell Formulas
RangeFormula
B3=SUM($B$2:B2)
B4=(B3>30)*B3*125+(B3>60)*(B3-30)*(200-125)
B5=B4-SUM($A$4:A4)
B7=IF(B3>30,B3*125,0)+(IF(B3>60,(B3-60)*(200-125),0))
B8=B7-SUM($A$7:A7)
C3=SUM($B$2:C2)
C4=(C3>30)*((C3-30)*125)+(C3>60)*(C3-60)*(200-125)
C5=C4-SUM($A$4:B4)
C7=IF(C3>30,(C3-30)*125,0)+(IF(C3>60,(C3-60)*(200-125),0))
C8=C7-SUM($A$7:B7)
D3=SUM($B$2:D2)
D4=(D3>30)*((D3-30)*125)+(D3>60)*(D3-60)*(200-125)
D5=D4-SUM($A$4:C4)
D7=IF(D3>30,(D3-30)*125,0)+(IF(D3>60,(D3-60)*(200-125),0))
D8=D7-SUM($A$7:C7)



Excel 2010
ABCDEF
1TierRateDiffCumulativeBonus
2000300.00
330125125726,150.00
4602007550091,750.00
5
7aa
Cell Formulas
RangeFormula
F2=SUMPRODUCT(--(E2>$A$2:$A$4),(E2-$A$2:$A$4),$C$2:$C$4)
F3=SUMPRODUCT(--(E3>$A$2:$A$4),(E3-$A$2:$A$4),$C$2:$C$4)
F4=SUMPRODUCT(--(E4>$A$2:$A$4),(E4-$A$2:$A$4),$C$2:$C$4)
 
Last edited:
Upvote 0
72 units would equal $10,500

 500 units would equal $95,500 because the first 60 are at the $125 rate.

Dave Patton said:
Your information is not clear.
What is the amount for 72 units

What is the amount for 500 units

Excel 2010
ABCD
Month 1Month 2Month 3
Units
Cumulative
Payment total
Prior

<colgroup><col style="width: 25pxpx"><col><col><col><col></colgroup><thead>
</thead><tbody>
[TD="align: center"]1[/TD]
[TD="align: right"][/TD]

[TD="align: center"]2[/TD]

[TD="align: right"]2[/TD]
[TD="align: right"]70[/TD]
[TD="align: right"]428[/TD]

[TD="align: center"]3[/TD]

[TD="align: right"]2[/TD]
[TD="align: right"]72[/TD]
[TD="align: right"]500[/TD]

[TD="align: center"]4[/TD]

[TD="align: right"]0[/TD]
[TD="align: right"]6,150[/TD]
[TD="align: right"]91,750[/TD]

[TD="align: center"]5[/TD]
[TD="align: right"][/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]6,150[/TD]
[TD="align: right"]85,600[/TD]

[TD="align: center"]6[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

[TD="align: center"]7[/TD]
[TD="align: right"][/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]6,150[/TD]
[TD="align: right"]91,750[/TD]

[TD="align: center"]8[/TD]

[TD="align: right"]0[/TD]
[TD="align: right"]6,150[/TD]
[TD="align: right"]85,600[/TD]

[TD="align: center"]9[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

</tbody>
7a​

[TABLE="width: 85%"]
<tbody>[TR]
[TD]Worksheet Formulas[TABLE="width: 100%"]
<thead>[TR="bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]
[TH="width: 10px"]Cell[/TH]
[TH="align: left"]Formula[/TH]
[/TR]
</thead><tbody>[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]B3[/TH]
[TD="align: left"]=SUM($B$2:B2)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]C3[/TH]
[TD="align: left"]=SUM($B$2:C2)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]D3[/TH]
[TD="align: left"]=SUM($B$2:D2)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]B4[/TH]
[TD="align: left"]=(B3>30)*B3*125+(B3>60)*(B3-30)*(200-125)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]C4[/TH]
[TD="align: left"]=(C3>30)*((C3-30)*125)+(C3>60)*(C3-60)*(200-125)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]D4[/TH]
[TD="align: left"]=(D3>30)*((D3-30)*125)+(D3>60)*(D3-60)*(200-125)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]B5[/TH]
[TD="align: left"]=B4-SUM($A$4:A4)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]C5[/TH]
[TD="align: left"]=C4-SUM($A$4:B4)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]D5[/TH]
[TD="align: left"]=D4-SUM($A$4:C4)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]B7[/TH]
[TD="align: left"]=IF(B3>30,B3*125,0)+(IF(B3>60,(B3-60)*(200-125),0))[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]C7[/TH]
[TD="align: left"]=IF(C3>30,(C3-30)*125,0)+(IF(C3>60,(C3-60)*(200-125),0))[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]D7[/TH]
[TD="align: left"]=IF(D3>30,(D3-30)*125,0)+(IF(D3>60,(D3-60)*(200-125),0))[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]B8[/TH]
[TD="align: left"]=B7-SUM($A$7:A7)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]C8[/TH]
[TD="align: left"]=C7-SUM($A$7:B7)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]D8[/TH]
[TD="align: left"]=D7-SUM($A$7:C7)[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[/TR]
</tbody>[/TABLE]



Excel 2010
ABCDEF
TierRateDiffBonus

<colgroup><col style="width: 25pxpx"><col><col><col><col><col><col></colgroup><thead>
</thead><tbody>
[TD="align: center"]1[/TD]

[TD="align: right"][/TD]
[TD="align: right"]Cumulative[/TD]

[TD="align: center"]2[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"]0[/TD]
[TD="align: right"][/TD]
[TD="align: right"]30[/TD]
[TD="align: right"]0.00[/TD]

[TD="align: center"]3[/TD]
[TD="align: right"]30[/TD]
[TD="align: right"]125[/TD]
[TD="align: right"]125[/TD]
[TD="align: right"][/TD]
[TD="align: right"]72[/TD]
[TD="align: right"]6,150.00[/TD]

[TD="align: center"]4[/TD]
[TD="align: right"]60[/TD]
[TD="align: right"]200[/TD]
[TD="align: right"]75[/TD]
[TD="align: right"][/TD]
[TD="align: right"]500[/TD]
[TD="align: right"]91,750.00[/TD]

[TD="align: center"]5[/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]

</tbody>
7aa​

[TABLE="width: 85%"]
<tbody>[TR]
[TD]Worksheet Formulas[TABLE="width: 100%"]
<thead>[TR="bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]
[TH="width: 10px"]Cell[/TH]
[TH="align: left"]Formula[/TH]
[/TR]
</thead><tbody>[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]F2[/TH]
[TD="align: left"]=SUMPRODUCT(--(E2>$A$2:$A$4),(E2-$A$2:$A$4),$C$2:$C$4)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]F3[/TH]
[TD="align: left"]=SUMPRODUCT(--(E3>$A$2:$A$4),(E3-$A$2:$A$4),$C$2:$C$4)[/TD]
[/TR]
[TR]
[TH="width: 10px, bgcolor: [URL=https://www.mrexcel.com/forum/usertag.php?do=list&action=hash&hash=DAE7F5]#DAE7F5[/URL] "]F4[/TH]
[TD="align: left"]=SUMPRODUCT(--(E4>$A$2:$A$4),(E4-$A$2:$A$4),$C$2:$C$4)[/TD]
[/TR]
</tbody>[/TABLE]
[/TD]
[/TR]
</tbody>[/TABLE]
Click to expand...
 
Upvote 0
any of the three solutions can be edited to provide the correct answer.

You originally stated
"
...less than 30 they get no commission 31 plus $125 each and so on.



You have have a new post. Someone can provide an answer(s) as the question evolves!
 
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