Question description:
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i need a formula for a raise for each employee that also varies if they are working in two different cities as it varies by percentage
Solved by D. H. in 19 mins
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Excelchat Expert
01/05/2018 - 06:23
Hi there!
User
01/05/2018 - 06:23
Hello
User
01/05/2018 - 06:23
I need a formula urgently
User
01/05/2018 - 06:23
IF formula
User
01/05/2018 - 06:24
nested if
Excelchat Expert
01/05/2018 - 06:24
Sure thing I'd love to help. Yes exactly what I was thinking as well given your problem description.
Excelchat Expert
01/05/2018 - 06:24
Are you able to share your file? Or do you want to make an example in the google sheet?
User
01/05/2018 - 06:25
I need to calculate the raise for each employee based on their annual salary. I use the annual salary but it also changes by 3.5% if from Austin or Nashville and 2.5% from another
User
01/05/2018 - 06:25
I can't
User
01/05/2018 - 06:25
My boss will yell at me
User
01/05/2018 - 06:25
I'll make an example
Excelchat Expert
01/05/2018 - 06:25
haha! Understood -
Excelchat Expert
01/05/2018 - 06:26
ok awesome
Excelchat Expert
01/05/2018 - 06:26
Maybe cut and paste a section of it or something into the google sheet
User
01/05/2018 - 06:28
This is what it looks like
User
01/05/2018 - 06:29
this is it
User
01/05/2018 - 06:29
now i have to make a nested if formula for this
Excelchat Expert
01/05/2018 - 06:29
Is the bonus to be added to their annual salary?
User
01/05/2018 - 06:30
but it is difficult and i can't seem to figure it out
User
01/05/2018 - 06:30
yes
Excelchat Expert
01/05/2018 - 06:30
so they get the bonus if applicable, AND also an extra 3.5% OR 2.5% depending on what city they are in?
User
01/05/2018 - 06:30
it could yes
Excelchat Expert
01/05/2018 - 06:30
So we also need a city column Yes? Where is it on your sheet?
User
01/05/2018 - 06:30
yes*
Excelchat Expert
01/05/2018 - 06:30
column F?
Excelchat Expert
01/05/2018 - 06:31
ah
Excelchat Expert
01/05/2018 - 06:31
I see it :)
Excelchat Expert
01/05/2018 - 06:31
One more question
User
01/05/2018 - 06:31
okay
Excelchat Expert
01/05/2018 - 06:32
the 2.5% or 3.5%.... is that applied AFTER the bonus? (like, they get their bonus added to their salary, and then that new number is used for the 2.5 or 3.5 %
User
01/05/2018 - 06:32
new number, years is the first thing for the salary and their city also effects the salary increase
User
01/05/2018 - 06:32
it is very confusing
Excelchat Expert
01/05/2018 - 06:32
I gotcha :)
Excelchat Expert
01/05/2018 - 06:33
You're right, it's a nested IF with a + in the middle.
Excelchat Expert
01/05/2018 - 06:33
I will code it now for you
User
01/05/2018 - 06:33
okay thank you
User
01/05/2018 - 06:33
i should get an answer of $1734
User
01/05/2018 - 06:33
when i did the math on my own this is what occurs
User
01/05/2018 - 06:36
is it working?
Excelchat Expert
01/05/2018 - 06:36
Not yet, I need a bit more time.
User
01/05/2018 - 06:36
okay, no rush
Excelchat Expert
01/05/2018 - 06:37
I almost have it
Excelchat Expert
01/05/2018 - 06:37
I think :)
User
01/05/2018 - 06:37
thank you so much
Excelchat Expert
01/05/2018 - 06:39
So lets take the example
Excelchat Expert
01/05/2018 - 06:39
annual salary 54000
Excelchat Expert
01/05/2018 - 06:39
1 year of service, so no bonus
Excelchat Expert
01/05/2018 - 06:39
from austin, so gets 3.5%
Excelchat Expert
01/05/2018 - 06:40
54000 * 3.5% = 1890
User
01/05/2018 - 06:40
yes
Excelchat Expert
01/05/2018 - 06:40
how did you get 1734
User
01/05/2018 - 06:40
but it must be =IF
Excelchat Expert
01/05/2018 - 06:40
The first part I used IFS instead of IF... is that an issue? The second part of the formula uses IF
User
01/05/2018 - 06:41
the new salary should be $55,734
User
01/05/2018 - 06:41
i'm not sure but the answer key says this
Excelchat Expert
01/05/2018 - 06:41
That new salary doesn't make sense!
User
01/05/2018 - 06:41
i know
Excelchat Expert
01/05/2018 - 06:41
I can make the IFS into multiple IF'S if you need it
User
01/05/2018 - 06:41
yes
User
01/05/2018 - 06:42
i need that
Excelchat Expert
01/05/2018 - 06:42
Ok one sec.
User
01/05/2018 - 06:42
but i have 1 minute remaining
Excelchat Expert
01/05/2018 - 06:42
But the answer will still be 1890 for the raise
Excelchat Expert
01/05/2018 - 06:42
you can extend the timer!
Excelchat Expert
01/05/2018 - 06:42
extend another 20 minutes
User
01/05/2018 - 06:42
is it free?
Excelchat Expert
01/05/2018 - 06:42
To extend yes for sure
User
01/05/2018 - 06:42
how can i extend?
User
01/05/2018 - 06:42
once it runs out?
User
01/05/2018 - 06:42
i can just send a picture
Excelchat Expert
01/05/2018 - 06:43
Should be a button on the top right side
Excelchat Expert
01/05/2018 - 06:43
can you see it?
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