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Compensation Payout based on Individual performance
Summary:
We are trying to calculate the Bonus Payout based on Individual performance, Profit and Cash?
Content (please ensure you mask any confidential information):
We want to calculate the bonus payout of the workforce compensation plan.
The logic behind is:
Payout = Annual Salary x (worked days / potential working days) x max bonus opportunity x target achievement*
*Target achievement = Σ (target Performance weight x target Performance achievement + target Profit weight x target Profit achievement + target Cash weight x target Cash achievement)
First we thought basing the calculation in dynamic columns (image below), which didn't give us the desired result. However seems it's not the best solution.
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