Mar 20 2019 07:55 AM
We are looking at ways to pay employees a bonus based on service, we have the maximum amount we want to pay out. What would be the best model to work out what we should pay per person?
I have the staffs current annual salary, the days, months and years they have worked for the business.
I need a model that can be played with, currently we are looking at depending on the category you fall in to you will get a % of you current annual salary paid but this % might change so I need a formula / model that has room for these changes.
Mar 20 2019 08:35 AM - edited Mar 20 2019 09:57 AM
Answer deleted. I posted on the wrong question.
Mar 20 2019 09:51 AM
@Detlef Lewin can you explain what result this would give? As I got a little lost on the second part.
Mar 20 2019 09:54 AM