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FTE Calculator

This document provides definitions and steps to calculate an employee's full time equivalent (FTE) for hourly, semi-monthly, and salaried employees. It involves calculating ratios of the employee's expected number of pay periods and standard hours per week to the normal number of pay periods and standard hours for full time employees. For an hourly employee working 30 pay periods at 30 hours per week, with a normal of 52 pay periods and 40 hours, the FTE would be 0.58.

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Moderator HRCI
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© © All Rights Reserved
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Download as XLS, PDF, TXT or read online on Scribd
256 views

FTE Calculator

This document provides definitions and steps to calculate an employee's full time equivalent (FTE) for hourly, semi-monthly, and salaried employees. It involves calculating ratios of the employee's expected number of pay periods and standard hours per week to the normal number of pay periods and standard hours for full time employees. For an hourly employee working 30 pay periods at 30 hours per week, with a normal of 52 pay periods and 40 hours, the FTE would be 0.58.

Uploaded by

Moderator HRCI
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Provided by www.trymyhr.

com

Full Time Equivalent Calculator (FTE)


Hourly Employees
Step 1: # of Pay Periods

Expected # of Pay Periods


30

Normal # of weeks

52

/
/

Normal Hours per Week


40.0

Step 2: Hours Ratio

Standard Hours per Week


30

(37.5 or 40)
Step 3: FTE Calculation

0.58

x
0.75
Semi-Monthly Employees

Step 1: # of Pay Periods Ratio

Expected # of Pay Periods

/
/

Normal # of Pay Periods


24

/
/

Normal Hours per Week


40

0.00

/
/

Normal # of Pay Periods


17

/
/

Normal Hours per Week


40

0.00

Step 2: Hours Ratio

Standard Hours per Week

Step 3: FTE Calculation

0.00

x
Staff

Step 1: # of Pay Periods Ratio

Expected # of Pay Periods


Step 2: Hours Ratio

Standard Hours per Week

Step 3: FTE Calculation

0.00

Provided by www.trymyhr.com

ator (FTE)
DEFINITIONS
Expected # of Pay Periods = The number of pay periods scheduled for employee.
0.58

Standard Hours per Week = The number of hours per week this employee is scheduled to
work.
Normal # of weeks = The minimum number of scheduled hours per week for a regu
full
timenumber
employee
in this position
= The
of scheduled
hours per week for a regular full ti
Normal Hours per Week
employee.

0.75

0.43

0.00

0.00

0.00

0.00

0.00

0.00

Provided by www.trymyhr.com

heduled for employee.

this employee is scheduled to

duled hours per week for a regular


nrs per week for a regular full time
u
loyee.

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