The document contains employee payroll information including date hired, current salary, years employed, performance rating and corresponding bonus. It also lists the formula used to calculate annual raises of 3.25% for ratings of 5 or higher and 2% for ratings below 5. Performance ratings range from 1 to 5 with corresponding bonuses of $0 to $1000. The document is analyzing this payroll data for 15 employees.

1. Inputs and constants
Today
30-Jan-16
Years Threshhod
5
High year rate
3.25%
Low year rate
2.00%
Formula used
Date hired
Current salary
year employed
Rating score
Rating bonus
Raise
New salary
Rating bonus
Raise
New salary
1-Apr-14
50000
11.83
5
1000
3.25%
51,625
VLOOKUP(F10,$C$20:$D$24,2,0)
IF(F10=>5,$D$6,$D$7)
D10+(D10*H10)
15-Jul-12
75250
3.54
4
500

2. 2.00%
76,755
VLOOKUP(F11,$C$20:$D$24,2,0)
IF(F11=>5,$D$6,$D$7)
D11+(D11*H11)
31-Oct-08
67250
7.25
4
500
2.00%
68,595
VLOOKUP(F12,$C$20:$D$24,2,0)
IF(F12=>5,$D$6,$D$7)
D12+(D12*H12)
8-Sep-03
45980
12.39
2
100
2.00%
46,900
VLOOKUP(F13,$C$20:$D$24,2,0)
IF(F13=>5,$D$6,$D$7)
D13+(D13*H13)
14-Mar-11
58750
4.88
2
100
2.00%
59,925
VLOOKUP(F14,$C$20:$D$24,2,0)
IF(F14=>5,$D$6,$D$7)
D14+(D14*H14)
18-Jun-10

3. 61000
5.62
5
1000
3.25%
62,983
VLOOKUP(F15,$C$20:$D$24,2,0)
IF(F15=>5,$D$6,$D$7)
D15+(D15*H15)
Bonus Data
Rating
1
0
2
100
3
250
4
500
5
1000
* Rating decimals have been rounded off .
* Raise for rating 5 and above 3.25% and lower than 5 2% has been considered
Inputs and constants
Today
30-Jan-16
Years Threshhod
5
High year rate
3.25%
Low year rate
2.00%
Formula used
Date hired
Current salary
year employed

4. Rating score
Rating bonus
Raise
New salary
Rating bonus
Raise
New salary
1-Apr-14
50000
11.83
5
1000
3.25%
51,625
VLOOKUP(F10,$C$20:$D$24,2,0)
IF(F10=>5,$D$6,$D$7)
D10+(D10*H10)
15-Jul-12
75250
3.54
4
500
2.00%
76,755
VLOOKUP(F11,$C$20:$D$24,2,0)
IF(F11=>5,$D$6,$D$7)
D11+(D11*H11)
31-Oct-08
67250
7.25
4
500
2.00%
68,595
VLOOKUP(F12,$C$20:$D$24,2,0)
IF(F12=>5,$D$6,$D$7)

5. D12+(D12*H12)
8-Sep-03
45980
12.39
2
100
2.00%
46,900
VLOOKUP(F13,$C$20:$D$24,2,0)
IF(F13=>5,$D$6,$D$7)
D13+(D13*H13)
14-Mar-11
58750
4.88
2
100
2.00%
59,925
VLOOKUP(F14,$C$20:$D$24,2,0)
IF(F14=>5,$D$6,$D$7)
D14+(D14*H14)
18-Jun-10
61000
5.62
5
1000
3.25%
62,983
VLOOKUP(F15,$C$20:$D$24,2,0)
IF(F15=>5,$D$6,$D$7)
D15+(D15*H15)
Bonus Data
Rating
1
0
2

6. 100
3
250
4
500
5
1000
Solution
Inputs and constants
Today
30-Jan-16
Years Threshhod
5
High year rate
3.25%
Low year rate
2.00%
Formula used
Date hired
Current salary
year employed
Rating score
Rating bonus
Raise
New salary
Rating bonus
Raise
New salary
1-Apr-14
50000
11.83
5
1000
3.25%

7. 51,625
VLOOKUP(F10,$C$20:$D$24,2,0)
IF(F10=>5,$D$6,$D$7)
D10+(D10*H10)
15-Jul-12
75250
3.54
4
500
2.00%
76,755
VLOOKUP(F11,$C$20:$D$24,2,0)
IF(F11=>5,$D$6,$D$7)
D11+(D11*H11)
31-Oct-08
67250
7.25
4
500
2.00%
68,595
VLOOKUP(F12,$C$20:$D$24,2,0)
IF(F12=>5,$D$6,$D$7)
D12+(D12*H12)
8-Sep-03
45980
12.39
2
100
2.00%
46,900
VLOOKUP(F13,$C$20:$D$24,2,0)
IF(F13=>5,$D$6,$D$7)
D13+(D13*H13)
14-Mar-11
58750

8. 4.88
2
100
2.00%
59,925
VLOOKUP(F14,$C$20:$D$24,2,0)
IF(F14=>5,$D$6,$D$7)
D14+(D14*H14)
18-Jun-10
61000
5.62
5
1000
3.25%
62,983
VLOOKUP(F15,$C$20:$D$24,2,0)
IF(F15=>5,$D$6,$D$7)
D15+(D15*H15)
Bonus Data
Rating
1
0
2
100
3
250
4
500
5
1000
* Rating decimals have been rounded off .
* Raise for rating 5 and above 3.25% and lower than 5 2% has been considered
Inputs and constants
Today
30-Jan-16
Years Threshhod

9. 5
High year rate
3.25%
Low year rate
2.00%
Formula used
Date hired
Current salary
year employed
Rating score
Rating bonus
Raise
New salary
Rating bonus
Raise
New salary
1-Apr-14
50000
11.83
5
1000
3.25%
51,625
VLOOKUP(F10,$C$20:$D$24,2,0)
IF(F10=>5,$D$6,$D$7)
D10+(D10*H10)
15-Jul-12
75250
3.54
4
500
2.00%
76,755
VLOOKUP(F11,$C$20:$D$24,2,0)
IF(F11=>5,$D$6,$D$7)
D11+(D11*H11)

10. 31-Oct-08
67250
7.25
4
500
2.00%
68,595
VLOOKUP(F12,$C$20:$D$24,2,0)
IF(F12=>5,$D$6,$D$7)
D12+(D12*H12)
8-Sep-03
45980
12.39
2
100
2.00%
46,900
VLOOKUP(F13,$C$20:$D$24,2,0)
IF(F13=>5,$D$6,$D$7)
D13+(D13*H13)
14-Mar-11
58750
4.88
2
100
2.00%
59,925
VLOOKUP(F14,$C$20:$D$24,2,0)
IF(F14=>5,$D$6,$D$7)
D14+(D14*H14)
18-Jun-10
61000
5.62
5
1000
3.25%

11. 62,983
VLOOKUP(F15,$C$20:$D$24,2,0)
IF(F15=>5,$D$6,$D$7)
D15+(D15*H15)
Bonus Data
Rating
1
0
2
100
3
250
4
500
5
1000