Top Sales Ranking & Bonus Calculation in Excel
In this Excel tutorial, we’re focusing on HR Performance Management and Bonus Calculation. We’ll show you how to use key formulas like AVERAGE, RANK.EQ, and Base Pay * ( Percentage / 100 ) to help you manage employee performance data effectively. You’ll learn how to rank salespeople, calculate their bonuses, and find out their average performance scores.
Understanding these formulas will make it easier for you to handle and analyze performance data. For instance, the AVERAGE formula helps you find the mean score, =RANK.EQ shows how a salesperson compares to others, and D4*(E4/100) calculates the bonus amount based on their performance. These skills are essential for making data-driven decisions and identifying top performers in your team.
You can watch our video to know more about how to do that.
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