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This document provides guidelines and examples for calculating Full-Time Equivalent (FTE) for part-time and full-time temporary or casual hourly employees based on hours worked.

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How to fill out Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees

1. Gather the hourly work schedule of each employee.
2. Determine the number of hours each employee works per week.
3. Identify the standard full-time work hours per week (typically 40 hours).
4. For each employee, divide their weekly hours by the standard full-time hours to calculate their FTE.
5. Sum the FTE values for all part-time, full-time, temp, and casual hourly employees to get the total FTE.

Who needs Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

1. HR departments seeking to manage workforce planning.
2. Finance departments for budgeting and payroll purposes.
3. Management for understanding labor costs and staffing levels.
4. Compliance teams needing accurate reporting for labor regulations.

People Also Ask about

Are casuals counted in FTE?

Full-Time Equivalent (FTE) is the measurement of how many full-time and part-time employees a company has. It is NOT headcount. Some people in your business may have only worked for part of the year, or are on part-time/casual arrangements. In these cases, the FTE is less than 1.

What is the formula for FTE productivity?

Standard FTE: Generally, the FTE for full-time employees is 1.0. Calculate Total FTE: For five full-time employees, each working 42.5 hours per week: Total hours worked: 5 employees × 42.5 hours = 212.5 hours. Divide by standard full-time hours: 212.5 hours / 42.5 hours = 5.0.

How many hours is 75% FTE?

75 FTE mean? A. The employee has a regular (not temporary) budgeted assignment of 75% of a full-time position (either 28 hours per week for non-exempt positions, which normally work 37.5 hrs per week; or 30 hours for exempt positions normally working 40 hrs per week).

Does FTE include temporary employees?

Full-time equivalent (FTE) means a unit of time defined to measure an employee's workload, availability, or capacity. In other words, it is the hours worked by a single employee on a full-time basis, regardless of whether the employee is full-time, part-time, or temporary.

How many FTE is 37.5 hours?

For a standard 40-hour workweek, an employee working 37.5 hours would have an FTE of 0.94 (37.5 ÷ 40 = 0.9375). This means they're working at 94% of full-time capacity. If your organization defines full-time as 37.5 hours, then this would be 1.0 FTE.

How do you calculate FTE based on standard hours?

The formula for calculating FTE for a single worker is simple: Employee's scheduled hours / Company's official full-time hours = FTE. 40 / 40 = 1.0 FTE. Scenario #1: Scenario #2: Full-time employees: 10 x 2,080 = 20,800. Part-time employees: 3 x 1,300 = 3,900. 3,900 / 2,080 = 1,875 (1.875 FTE)

How to calculate FTE based on hours?

To calculate the FTE value for a specific position, simply divide the number of hours worked by the number of hours considered to be full-time. If you use 40 hours as full time, someone who works 35 hours has a 0.875 FTE. Someone who works 30 hours has a 0.75 FTE.

How do you calculate FTE for part-time employees?

To calculate the FTE value for a specific position, simply divide the number of hours worked by the number of hours considered to be full-time. If you use 40 hours as full time, someone who works 35 hours has a 0.875 FTE. Someone who works 30 hours has a 0.75 FTE.

For pdfFiller’s FAQs

What is Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

Calculating FTE (Full-Time Equivalent) for part-time/full-time temp/casual hourly employees involves determining the total number of hours worked by employees and converting that into a standardized measure of full-time work. This is typically expressed as a fraction of full-time employment hours, where full-time is often considered 40 hours per week.

Who is required to file Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

Employers who have part-time, full-time, temporary, or casual hourly employees are required to calculate FTE to assess workforce size, compliance with labor regulations, and potentially for eligibility for certain programs.

How to fill out Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

To fill out the calculation, employers should aggregate the total hours worked by all employees (part-time and full-time) over a specific period, typically weekly or monthly, convert part-time hours into FTE by dividing by the full-time hours standard, and then summarize the total FTE count.

What is the purpose of Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

The purpose of calculating FTE is to provide a consistent measure of workforce size for better planning and reporting, assess compliance with labor laws, analyze workforce costs, and assist in strategic decision-making regarding staffing.

What information must be reported on Calculating FTE for Part-Time/Full-Time Temp/Casual Hourly Employees?

The information that must be reported includes the total hours worked by each employee, a breakdown of full-time versus part-time hours, the total number of employees classified under each category, and the resulting FTE calculation based on the total hours.