Results 1 to 3 of 3
  1. #1
    accessbro is offline Novice
    Windows 7 64bit Access 2010 32bit
    Join Date
    Jul 2014
    Posts
    23

    Employee payroll forecasting. How to account for change in pay rate?

    I have a table called tbl_Employee. The employee's hourly rate is one of the columns. I want to create a forecasting schedule that will find the work days between two dates, multiply by 8 (hours per day) and multiply by the hourly rate.



    For example, Employee A has rate of $100/hr. We forecast they will work 250 work days from January 1, 2014 to January 1, 2015 so 250*8*100= $200,000. However, on June 1, the rate for Employee A increases to $110. So the new forecast would be (125*8*100)+(125*8*110)=(100,000+110,000)=$210,000 . How can I account for something like this?

  2. #2
    ItsMe's Avatar
    ItsMe is offline Sometimes Helpful
    Windows 7 64bit Access 2010 32bit
    Join Date
    Aug 2013
    Posts
    7,862
    Quote Originally Posted by accessbro View Post
    ...However, on June 1, the rate for Employee A increases to $110...
    Perhaps the employee rate should be stored in another table.

  3. #3
    burrina's Avatar
    burrina is offline VIP
    Windows 8 Access 2010 32bit
    Join Date
    Oct 2012
    Location
    Freeport,Texas
    Posts
    1,383
    Alternatively, if you just want to run scenarios, then you could use unbound fields and simply add your criteria or use a temp table to store.

    HTH

Please reply to this thread with any new information or opinions.

Similar Threads

  1. Help with Designing Payroll Database
    By bgwool in forum Access
    Replies: 1
    Last Post: 04-04-2014, 03:53 PM
  2. Payroll calculations
    By Rogue in forum Programming
    Replies: 5
    Last Post: 07-10-2013, 10:34 PM
  3. Employee info in Payroll form
    By ismalee in forum Forms
    Replies: 4
    Last Post: 06-30-2012, 05:16 PM
  4. Replies: 8
    Last Post: 06-06-2012, 12:28 PM
  5. Access to Excel: Financial Forecasting Tool
    By BLUE_CHIP in forum Import/Export Data
    Replies: 2
    Last Post: 06-19-2010, 01:52 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Other Forums: Microsoft Office Forums