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      • An FTE is equal to the number of hours a full-time employee works for an organization. The concept is used to count “hours worked” rather than the number of employees to budget, forecast, staff and calculate wages.
      www.indeed.com/hire/c/info/full-time-equivalent

      What Is Full-Time Equivalent (FTE)? (With Example Calculation)

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  3. factorialhr.com › blog › full-time-equivalent-fteHow to Calculate the Full Time Equivalent (FTE) in 4 Steps

    Sep 6, 2023 · The full time equivalent, often abbreviated as FTE is an indicator that reflects an employee’s productive capacity. An FTE of 1.0, for example, corresponds to the hours worked in a day for a full-time employee. Consequently, the FTE for a part-time employee working 20 hours a week would be 0.5.

  4. www.talenthr.io › resources › hr-glossaryWhat is Full-Time Equivalent (FTE) & How to Calculate It?

    FTE focuses on the workload, measuring the equivalent number of full-time employees based on the total hours worked by all staff. For example, a company with 100 employees, including 20 part-time workers, might have a headcount of 100 but an FTE of less than 100.

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  6. www.indeed.com › hire › cWhat Is Full-Time Equivalent (FTE)? (With Example Calculation)

    2 days ago · FTE stands for full-time equivalent, and it measures how many total full-time employees or part-time employees add up to full-time employees your company employs. It helps employers forecast workforce needs for hiring employees, and it’s a metric you might need for things like tax credits and compliance with the Affordable Healthcare Act.

  7. www.forbes.com › advisor › businessWhat Is Full-Time Equivalent (FTE)? – Forbes Advisor

    Jun 18, 2024 · A full-time equivalent (FTE) is a unit of measurement used to figure out the number of full-time hours worked by all employees in a business. If your business considers 40 hours to be a...

  8. factorialhr.co.uk › blog › full-time-equivalentCalculate the Full Time Equivalent (FTE) for Your Company

    Jul 19, 2023 · The full time equivalent, or ‘FTE’, is a unit of measurement that reflects an employee’s productive capacity. It is used to determine the number of full-time hours that all employees within a business have worked. The full-time equivalent converts the hours worked by part-time employees into hours worked by full-time employees.

  9. www.softwaresuggest.com › blog › full-time-equivalentWhat is FTE? Understanding Full-Time Equivalents

    4 days ago · Real-Life Example of an FTE Calculation. Imagine you run a small business with a mix of full-time and part-time staff. You have: 3 full-time employees, each working 40 hours a week. 4 part-time employees, each working 20 hours a week. To calculate your total FTE: Full-time employees: 3 x 40 = 120 hours; Part-time employees: 4 x 20 = 80 hours

  10. www.omnicalculator.com › finance › full-time-equivalentFull-time Equivalent (FTE) Calculator

    Total FTE equals the sum of your full-time FTE and your part-time FTE. Let's look at an example. Say you have a company with 4 employees that work 40 hours per week and 2 employees that work 30 hours a week.

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