I need to calculate the % of salary increase and bonus for staff based on a matrix.
1) The salary increase in based on the salary grid. Each staff is allocated a ratio as shown in cell H4 to H25. For example, for Abraham, he has obtained a rating of 2 and has a ratio of 78%. Looking at the salary grid, he should get a 13% salary increase.
2) The bonus is also based on a bonus grid. The bonus is based on the rating and job time.The date used for current date calculation is Jan 11 2008. For example, Abraham has a rating of 2 and a job time more than 18 months.Therefore, he should get a bonus of 24.99% based on the bonus grid.
I am trying to create a formula in salary increase% column (yellow) and the bonus % column (blue) to automatically update from the salary grid and bonus grid. The actual staff number is quite long and using a correct formula would ensure the data ia accurate based on the grid/matrix.
Appreciate any help.