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how to calculate the average fte. Divide by 40 and round to the nearest tenth to get your FTE calculation. Determine the number of hours full-time employees are paid for.
Calculate The Fte Needed from www.solving-math-problems.com
A typical full-time schedule is 40 hours per week 52 weeks per year which totals 2080 hours. Heres a quick formula that summarizes the FTE calculation above. Required FTE Calculation For each employee for the appropriate period Covered or Alternative Covered.
Next write down the average amount of hours your part-time employees work each week.
Add your full-time FTE and your part-time FTE to get your total FTE figure. Calculate employee hours worked for. The original loan forgiveness application clarified the base hours of 40 hours per week to calculate an FTE. The figure is then multiplied by the number of weeks worked every year.
