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{"id":551,"date":"2018-02-25T17:07:18","date_gmt":"2018-02-26T00:07:18","guid":{"rendered":"https:\/\/bonbonsguide.com\/wp\/?p=551"},"modified":"2018-02-25T17:07:18","modified_gmt":"2018-02-26T00:07:18","slug":"excel-business-math-33-vlookup-function-for-incentive-pay-commissions-piecework-15-examples","status":"publish","type":"post","link":"https:\/\/bonbonsguide.com\/wp\/blog\/2018\/02\/excel-business-math-33-vlookup-function-for-incentive-pay-commissions-piecework-15-examples\/","title":{"rendered":"Excel & Business Math 33: VLOOKUP Function for Incentive Pay: Commissions & Piecework (15 Examples)"},"content":{"rendered":"

Download Start Excel File: http:\/\/ift.tt\/2HLKjrj
\nDownload pdf Notes: http:\/\/ift.tt\/2GJRY88
\nEntire Class Web Site: http:\/\/ift.tt\/2BjafuY<\/p>\n

In this video learn all about the VLOOKUP Function, How to Build Lookup Tables and all about Incentive Pay such as Piecework and Commission Pay.
\nExcel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College \/ Mike Girvin at excelisfun Channel at YouTube Channel.
\nTopics in Video:
\n1. (00:01) Introduction
\n2. (02:25) Incentive Pay such as: Straight Piecework, Variable Piecework, Straight Commission, Variable Commission Rates, Commission Rate Based on Amount of Sales
\n3. (06:42) Straight Piecework Example
\n4. (08:24) Variable Piecework Example Making the Calculations Long-Hand
\n5. (11:28) Why Excel is so Helpful AND why we must be REALLY Knowledgeable with Excel.
\n6. (12:00) Variable Piecework Example Making the Calculations with the \u201cLookup Table Method\u201d
\n7. (20:04) Creating the Lookup Table from Scratch
\n8. (30:31) Variable Piecework Example Making the Calculations with the \u201cLookup Table Method & VLOOKUP Function using Approximate Match\u201d
\n9. (40:19) Variable Piecework & VLOOKUP & Approximate Match Lookup for Entire Payroll Table:
\n10. (44:10) What is VLOOKUP Function?
\n11. (44:42) \u201cMash\u201d all 3 VLOOKUP Functions into Single Formula using Clipboard:
\n12. (not in video look in pdf notes) VLOOKUP Function Arguments (Full Details):
\n13. (49:00) Lookup Tables are Everywhere
\n14. (51:55) Straight Commission Rates
\n15. (52:51) VLOOKUP & Exact Match Lookup for Straight Commission Rates When each Employee has Different Rate
\n16. (59:00) VLOOKUP & Approximate Match Lookup for Variable Commission Rates; Make Lookup Table and use VLOOKUP
\n17. (01:15:25) VLOOKUP & Approximate Match Lookup for Commission Rate Based on Amount of Sales Made by the Employee
\n18. (01:20:02) Summary<\/p>\n

Next Video: 34 Excel & Business Math<\/p>\n