1. What is Full Time Equivalent (FTE)?

FTE is a unit that represents the hours worked by one full-time employee during a fixed period (typically a year). In Australia, full-time work is typically 38 hours per week.

2. How Does the Calculator Work?

The calculator uses the standard Australian FTE formula:

Where:

• \( Hours \) — Total hours worked
• \( 1976 \) — Standard full-time hours in Australia (38 hours/week × 52 weeks)

Explanation: The equation converts any number of hours worked into the equivalent number of full-time employees.

3. Importance of FTE Calculation

Details: FTE is crucial for workforce planning, budgeting, comparing workforce productivity, and meeting regulatory requirements in Australia.

4. Using the Calculator

Tips: Enter total hours worked (can be for one employee or multiple employees). The calculator will show the equivalent full-time employees.

5. Frequently Asked Questions (FAQ)

Q1: Why is 1976 used as the denominator?
A: This represents 38 hours/week × 52 weeks, the standard full-time working hours in Australia.

Q2: How does this differ from FTE calculations in other countries?
A: Other countries may use different standard weekly hours (e.g., 40 in the US) and may account for different numbers of working weeks.

Q3: Should public holidays be included?
A: Yes, the 1976 figure already accounts for standard public holidays and leave entitlements.

Q4: Can I use this for part-time employees?
A: Yes, simply enter their total hours worked to see their FTE contribution.

Q5: How precise should FTE calculations be?
A: Typically reported to 2-4 decimal places depending on organizational requirements.