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IF Function to Calculate Overtime Pay in Excel

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Uploaded by on Feb 25, 2009

Use the IF function in Excel to determine appropriate overtime pay.

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Education

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Uploader Comments (rrphillips)

  • The base pay formula can be simplified from:

    =IF(E5>40,D5*40,D5*E5)

    To this:

    =MIN(40,E5)*D5

  • excellent! great idea.

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All Comments (33)

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  • Thanks so much!!

  • Thank you so much! Very clear explanations...More than I've learned from my professor who I actually pay to teach me.

  • Awesome videos.  Thanks a ton.

  • This is a great video for calculating the overtime pay, its good Thanks for ur good video

  • Ralph, as an online instructor in Excel I am always on the lookout for nicely done video references on different calculation techniques. This is a very well done instructional video. Thank you.

  • I would rather had you explained how to calculate the whole formula in one. I have to find commission as well as one employee's overtime pay. All in one would be best but this is good. I can make it work, I hope anyways. I have never used excel but have to do this for my final paper in my excel class. Not having good luck here. :( Thank you.

  • I would rather had you explained how to calculate the whole formula in one. I have to find commission as well as one employee's overtime pay. All in one but this is good. I can make it work in my spreadsheet. Thank you.

  • yes simplified and well explained when using the if function this is great i so recommend, also gud showin another way using the minimum formula even though the main focus was using the if function.

  • THANK YOU!!!!!!!!!!!! YOU ARE A LIFE SAVER

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