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Salary Increase input both as % and amount in Worksheet

edited Sep 5, 2020 12:17AM in Compensation 4 comments

Summary

Salary Increase input both as % and amount in Worksheet

Content

Hi,

We are planning to enable the salary increase based on % and amount.

We have made both these fields as editable and updated the formula to enable this.

When the amount is increased, it doesn't increase the % and also goes back to the previous value.

However, updating the %, updates the amount as expected.

 

Please find below the calculation used:

Increase %

No Condition:

 

(Increase Amount/Current Salary) * 100

Increase Amount

Condition :

If (Current Salary * Recommended%) != Increase Amount

Then (Increase% / 100) * Current Salary

 

Default:

Recommended Amount

Recommended Amount

Based on the calculation in worksheet(Non-editable)

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