I am using Excel 2003. I am trying to find a formula to calculate the number
of vacation days each employee will have on 1/1/09. I calculate the vacation
time using hire date; however starting 1/1/09 we are switiching to a calendar
year, but will still have to use the hire date for accrual.
Policy: after 1 year of service = 1 week of vacation =0.416667 per mo.
accrued : after 2 years of service = 2 weeks of vacation = 0.83333 per mo.
accrued: after 8 years of service= 3 weeks of vacation = 1.25 per mo. accrued.
What I have so far in my spreadsheet:
Column A: Name
Column B: Address
Column C: Hire Date
Column D: Todays Date
Column E: Time Employed (using formula this is broken down to Years, Months,
Days)

Example:
A:Name B:Address C:Hire Date D:Today E:Time
Employed
A1:Jon Smith B1:main st C1:11/7/2006 D1:12/26/2008 E1:2yrs,1mo,19days

I would like to be able to put Column F: Number of vacation days