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Group Size Halftime Equivalent (FTE) Employee Calculation (Required for all risk/fully insured medical business) The collection of group size data by carriers such as Headfirst Blue Cross Bluesier

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How to fill out group size full-time equivalent

01

Determine the number of employees working full-time in your group.

02

Count all the part-time employees and calculate their total number of hours worked per week. Divide this total by the number of hours worked by a full-time employee in a week.

03

Add the number of full-time employees and the calculated number of full-time equivalent (FTE) employees to get the total group size FTE.

Who needs group size full-time equivalent?

01

Employers or organizations required to report their workforce data to regulatory bodies.

02

Companies or institutions that need to determine their eligibility for certain government benefits or programs based on employee count.

03

Businesses interested in analyzing their workforce and employee productivity by considering both full-time and part-time employees.

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What is group size full-time equivalent?

Group size full-time equivalent is a calculation that converts the hours worked by part-time employees into the number of full-time employees they represent.

Who is required to file group size full-time equivalent?

Employers with 50 or more full-time equivalent employees are required to file group size full-time equivalent.

How to fill out group size full-time equivalent?

Group size full-time equivalent can be filled out by adding up the total hours worked by part-time employees and dividing by the standard full-time hours for a specified period.

What is the purpose of group size full-time equivalent?

The purpose of group size full-time equivalent is to determine if an employer is subject to certain provisions of the Affordable Care Act.

What information must be reported on group size full-time equivalent?

Group size full-time equivalent report must include the total hours worked by part-time employees and the calculation of full-time equivalent employees.

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