salary increment percentwise in yearly basis

amezin

New Member
Joined
May 17, 2011
Messages
1
Can any body tell me how to calculate the salary in the given scenario in Microsoft Excel.

I have Date of Join, current date, and total for the date to know how many years and month he served, basic salary in the cells.

Now i need is
1. calculate the date.
2. every year employee salary will be increased in different term like (e.g. if he severed for 1 year 3% will be increase if 2 years then 4% like wise up to 10 years every year 1% will be increased. by 10 he will get 12% and after 10+ same 12% will be given.

i tried it so many times i don't what is wrong. any one know the solution.?

please help.
 

Excel Facts

What is =ROMAN(40) in Excel?
The Roman numeral for 40 is XL. Bill "MrExcel" Jelen's 40th book was called MrExcel XL.

Forum statistics

Threads
1,214,659
Messages
6,120,784
Members
448,992
Latest member
prabhuk279

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top