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bonuses for your colleagues ( nurses at Central Nevada Hospital ) based on performance ratings, where ratings between 1 and 1 . 9 do not
bonuses for your colleagues nurses at Central Nevada Hospital based on performance ratings, where ratings between and do not receive bonuses, ratings between and earn $ bonuses, ratings between and earn $ bonuses, ratings between and earn $ bonuses, and ratings of or higher earn $ bonuses. In addition, you need to calculate annual raises based on years employed. Nurses who have worked five or more years earn a raise; nurses who have not worked at least five years earn a raise. The partially completed worksheet is given and does not yet contain range names. This assignment follows the same set of skills as used in Hands On Exercises in Excel, Chapter and You are asked to complete the given worksheet salary file Click cell B and enter TODAY function to calculate todays date.
In C column enter a formula to calculate the number of years employed. The number of years between two dates can be computed as: datelast datefirst You also may use YEARFRAC function. Ask yourself if the cell references used for this calculation should be relative or absolute Relative cell reference will change as you copy it for the other employees. Absolute cell reference wont change as you copy it for the other employees. The YEARFRAC function provides better accuracy since it accounts for leap years and the divisor does not. Use Auto fill command to calculate the number of years for all rows, from to
Enter the breakpoint and bonus data for the lookup table by doing the following:
Click cell A type and then press Ctrl Enter.
Click the Home tab, click Fill in the Editing group, and then select Series. Click Columns in the Series in section, leave the Step value at type in the Stop value box, and then click OK
Click cell B Enter and down the column.
The cells in the range A:B should be formatted with Accounting Number Format with zero decimal places.
Create a range name Bonus for the cell range A: B
Enter the bonus E column based on the employer rating score value, Bonus table and using VLOOKUP function. Calculate rating bonus values for all of the rows, from to Use Auto fill command.
Enter the raise F column based on years employed. Use IF function: if the number of employed years foe a nurse the years threshold value, then the raise should be computed by the formula salaryHigh Year Rate percent, otherwise the raise should be salaryLow Year Rate percent. Calculate raise values for all of the rows, from to Use Auto fill command.
Calculate the New Salary G values Use the formula: New salary salary raise rating bonus. Calculate new salary values for all of the rows, from to Use Auto fill command.
All percent values must be formatted as percent. All currency values must be formatted with $ symbol and two decimal digits. The same type data must be formatted in the same way. Please make your document looking nice!
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