prorate formula
Hi,
Not enough information to give a precise answer but generally you will need
to establish the percentage of the workload/output achieved by each employee
and allocate them that proportion of the bonus that matches their output.
For example employee A has done 10% of the work he is allocated
bonus/100 * 10
or as an excel formula =1000*10%
Mike
"prorate formula" wrote:
what is the formula commonly use to prorate numbers? i have an assignment
where i have to prorate the bonus and spread it out among five employees.
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