Question

Create pay rate data for each employee with the hourly pay rate
between 15 to 50 in excel

Answer 1

To create pay rate data in Excel for hourly pay rates between $15 to $50, input employees' names in one column and use the RAND() function to generate random pay rates within the range, formatted as currency.

Step-by-step explanation:

To create pay rate data for each employee with the hourly pay rate between $15 to $50 in Excel, you can follow these steps:

1. Open a new Excel spreadsheet.
2. Label the first column as 'Employee Name' and the second column as 'Hourly Pay Rate'.
3. Fill in each employee's name in the 'Employee Name' column.
4. For the 'Hourly Pay Rate' column, input random pay rates between $15 and $50 for each employee. This can be done using Excel's RAND() function multiplied by the range plus the minimum value. For example, to generate a random pay rate between $15 and $50 you would use the formula '=RAND()*(50-15)+15'.
5. Format the 'Hourly Pay Rate' column as currency to make the data clear and easier to read.
6. Ensure that all the values in the 'Hourly Pay Rate' column fall within the specified range of $15 to $50.

Once the table is completed, you'll have a clear listing of each employee along with their corresponding hourly pay rates within the specified range.