I need help creating a formula that will calculate a bonus payout based on the employees sales margin. Use the input section to calculate employee bonuses.To receive credit for this section, you must build a conditional formula using nested IF or IFS function. I'm trying to create a spreadsheet that can calculate a bonus based on three different tiers. Each tier has two objectives that must be met to reach that bonus. The Bonus Calculator Form Template from WPForms helps calculate bonuses based on multiple factors like tenure, performance, and company profitability. A companywide bonus program is THE BEST tool at your disposal to align individual and company incentives. This tutorial explains how to use Excel to compute the Bonus. To be more exact, we will use Excel to determine the sales bonus here.