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I am trying to calculate the end of service gratuity.
The Rules are as follows: Employee: If the employee resigns under total years of service from 1 till 3 years his gratuity pay will be 7 days for each year For each working day If the employee resigns under total years of service from 3 till 5 his gratuity will be 14 days If the employee resigns from 5 years till infinity years his gratuity pay will be 21 days for each year for each working day Total day Years Gratuity $ to be paid 150 1 7 1050 150 2 7 2100 150 3 14 6300 150 4 14 8400 150 5 21 15750 150 6 21 18900 150 7 21 22050 If the employers terminate the employee under total years of service from 1 till 5 years his gratuity pay will be 21 days for each year for each working day+ Ticket. from 5 till infinity years his gratuity pay will be 30 days for each year for each working day+ Ticket. What I am looking for is a formula for F1 that allows me to get total gratuity days to pay Total Per Day Years Gratuity Total To be paid 150 1 21 3,150.00 150 2 21 6,300.00 150 3 21 9,450.00 150 4 21 12,600.00 150 5 21 15,750.00 150 6 30 27,000.00 150 7 30 31,500.00 150 8 30 36,000.00 A1: Employee Name B1: Total Package per day C1: Starting Date D1: Total Years so far E1: Termination/ Resignation F1: Total Gratuity days to be paid |
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