virajgovekar
43

Dear all,
Need help with Bonus calculation
This is my excel sheet.
Name DOJ Basic
Now what should be my formula for calculating bonus for these employees for last year?
Well a bit confused with the concept. If anyone can clarify.

From India, Pune
sunil Sadar
15

(Basic amounts) or (Basic+DA) paid to the employee for all the months APR/MAY/JUNE.............................................. ..../FEB/MAR.
a)Then Add of these amounts employeewise.
b) Multiply the Total by the % decided by you.
c) you will arrive at Bonus payable amount.

From India, Nagpur
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