What Is Full-Time Equivalent (FTE)? Plus How To Calculate It
Mar 3, 2025 · Understanding full-time equivalent (FTE) can help you track working hours more effectively and prepare accurate budgets for various working hours. In this article, we explain what FTE is, the steps for calculating this measurement and its purpose.
Full-time Equivalent (FTE) Calculator
Calculate your company's Full-Time Equivalent (FTE) employees for accurate business and workforce planning using our FTE Calculator.
Full-time Equivalent (FTE): Definition, Calculation and Examples
Nov 25, 2024 · What Is Full-time Equivalent (FTE)? FTE is a unit of measurement that determines your total full-time employee count. One FTE is equivalent to an employee who works 30-40 hours per week.
What Is Full-Time Equivalent (FTE)? (With Example Calculation) - Indeed
Mar 25, 2025 · Full-Time Equivalent (FTE) measures the total number of hours worked by employees in relation to a full-time work schedule. FTE calculations help employers track workforce size and budget for staffing costs.
Full-Time Equivalent (FTE) & How to Calculate It - Clockify
Apr 22, 2024 · A full-time equivalent (FTE) is the sum of full-time hours employees work in a company. To calculate FTEs, you must divide employees’ scheduled hours with their official full-time work week hours.
FTE - Standard Hours Conversion Table Position Management uses Standard Hours to calculate the FTE for a Position. The table below provides a conversion between FTE and Standard Hours. To enter or update FTE, input the Standard Hours and the system will automatically calculate FTE. Standard Hours FTE Standard Hours FTE Standard Hours FTE
Full-Time Equivalent (FTE): What It Means & How to Calculate It
May 20, 2024 · FTE (Full-Time Equivalent): Represents the total number of hours worked by all employees, converted into the equivalent of full-time employees based on standard hours (e.g., 40 hours per week).
How do I calculate full-time equivalent (FTE) hours? - SHRM
Dec 6, 2023 · FTE calculations are about hours worked rather than number of employees. You could have four employees and only one FTE. Four 0.25 employees would be 1.0 FTE.
The Complete Guide to Calculating Full-Time Equivalent (FTE) …
FTE is a metric that determines how many full-time employees a company has based on hours worked. Knowing your FTE can help with project management and making budget decisions as a business. Federal laws like the ACA require that businesses …
What is FTE - MintHR
FTE is an abbreviation for “full-time equivalent.” This is the number of hours worked by a full-time employee of staff over a period of time, normally eight hours a day, five days a week. It provides a figure that allows organizations to assess how many …