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Excel Timecard Formula help
pmgreen

5+ Year Member



 
Msg#: 4196273 posted 9:02 pm on Sep 3, 2010 (gmt 0)

Trying to create a formula to calculate OT for employees that work over 8 hours a day. They pay is 1.5 of their regular rate. Stuck trying to create the formula.

if column $E$12 is great than 8, take the difference times 1.5 of column I (rate)

Any help would be much appreciated

 

LifeinAsia

WebmasterWorld Administrator lifeinasia us a WebmasterWorld Top Contributor of All Time 5+ Year Member



 
Msg#: 4196273 posted 9:42 pm on Sep 3, 2010 (gmt 0)

My Excel skills are pretty rusty, but I seem to remember that something like the following to get the number of hours to multiple by the base rate:
=IF($E$12<=8,$E$12,8+($E$12-8)*1.5)

If you want to combine everything in one column to get the actual pay, then just multiple the numbers by the base pay.

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