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# Excel/tiered compounding bonus structure

Question
Our bonus structure is as follows:

tier 1: 1-10 units = \$25 per unit
tier 2: 11-15 units = \$100 per unit + tier 1 bonus
tier 3: 16-20 units = \$125 per unit + tier 1 and 2 bonus
tier 4: 21-25 units = \$150 per unit + tier 1, 2 and 3 bonus
tier 5: 26 and higher units = \$200 per unit + tier 1, 2, 3 and 4 bonus

Can you please tell me how to input that into Excel so that I can just input my total units and figure the bonus?

Thank you!

This sounds like a job for VLOOKUP.

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Cordially,
Richard Rost
599CD Computer Training

This topic answers questions related to Microsoft Excel spreadsheet (or workbook) stand-alone or Mircrosoft Office Excel including Excel 2003, Excel 2007, Office 2000, and Office XP. You can get Excel help on Excel formulas(or functions), Excell macros, charting in Excel, advanced features, and the general use of Excel. This does not provide a general Excel tutorial nor the basics of using a spreadsheet. It provides specific answers to using Microsoft Excel only. If you do not see your Excel question answered in this area then please ask an Excel question here

#### Richard Rost

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