Precious has attended:
Excel Intermediate course
Holiday Entitlement and Pro-Rata based on Length of Service
At my company we have launched our benefits scheme and I need to calculate what entitlement will be for leavers if the leave part way through the year but are still entitled to the length of service extra holiday entitlement.
RE: Holiday Entitlement and Pro-Rata based on Length of Service
Hi Precious
You would need to use the IF function to allow Excel to make the decision to check the entitlement and then include it.
So it could look something like this:-
=IF(Length of Service >= Long Service, Additional Holidays, Nothing)
This would display the additional holiday entitlement or 0
You would then include in the adjacent columns the calculation to workout the value of the additional holiday e.g. Value of Additional Holidays = £ Daily Salary * Additional Holidays
As discussed in the training course, prepare all your calculations prior to commencing creating your spreadsheet as this will give you clear guidance as to what needs to be included.
Feel free to get back in touch when you're closer to creating the calculations.
Regards
Dennis