1. What is FTE Calculation?

Full Time Equivalent (FTE) is a unit that indicates the workload of an employed person in a way that makes workloads comparable across various contexts. It represents the number of full-time equivalent employees.

2. How Does the Calculator Work?

The calculator uses the FTE equation:

Where:

• \( \text{Total Hours} \) — Total hours worked by all employees
• \( \text{Standard Hours per FTE} \) — Hours considered full-time (typically 2080 hours/year or 40 hours/week)

Explanation: The equation converts total hours worked into equivalent full-time positions.

3. Importance of FTE Calculation

Details: FTE calculations are essential for workforce planning, budgeting, compliance reporting, and comparing staffing levels across organizations.

4. Using the Calculator

Tips: Enter total hours worked and the standard hours that constitute one FTE (typically 2080 for annual calculation). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the standard FTE value?
A: Typically 2080 hours/year (40 hours/week × 52 weeks) or 173.33 hours/month.

Q2: How is FTE used in business?
A: For determining staffing needs, budgeting, compliance with labor laws, and comparing departments/organizations.

Q3: Can FTE be more than 1?
A: Yes, FTE can be any positive number. For example, 2 FTE could mean two full-time employees or one employee working double hours.

Q4: What's the difference between headcount and FTE?
A: Headcount is the actual number of employees, while FTE adjusts for their working hours.

Q5: How do you calculate FTE for part-time employees?
A: Sum all part-time hours and divide by standard FTE hours (e.g., 2080 for annual).