My boss want to give us a raise, between 6 to 9 %, but we must sign that if we get sick, it will cost us 30% of the salary. I want to make a formula to find out how many sick days I can get before I call it quits. Help plz?

Answer 1

The first step in creating a formula to find out how many sick days you can get before you call it quits is to calculate the increase in salary that the raise will provide. To do this, you will need to take the percentage raise and multiply it by your current salary. For example, if your salary is currently $50,000 and you receive a 6% raise, then the increase in salary would be $3,000.

Next, you need to calculate the amount of salary that you would lose if you took a sick day. To do this, you would take the percentage of salary that your boss is asking you to pay (in this case, 30%) and multiply it by the increase in salary from the raise. For example, if you received a 6% raise and your boss is asking you to pay 30% of that raise if you take a sick day, then the amount of salary that you would lose would be $900.

Finally, you need to divide the amount of salary that you would lose by the amount of salary that you receive from the raise. This will give you the number of sick days that you can take before you call it quits. For example, if you received a 6% raise and your boss is asking you to pay 30% of that raise if you take a sick day, then the number of sick days that you can take before you call it quits would be 3 ($900 divided by $300).

The formula you can use to find out how many sick days you can get before you call it quits is:

Number of Sick Days = (Percentage of Salary to Pay for Sick Days x Increase in Salary from Raise) ___________________ Increase in Salary from Raise