FTE Equation:
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FTE (Full-Time Equivalent) is a unit that indicates the workload of an employed person in a way that makes workloads comparable across various contexts. A 1.0 FTE is equivalent to one full-time worker (37.5 hours per week in this calculation).
The calculator uses the FTE equation:
Where:
Explanation: The equation calculates what portion of a full-time position the weekly hours represent.
Details: FTE is used to measure and compare staffing levels, budget for personnel costs, and determine benefit eligibility in organizations.
Tips: Enter the total weekly hours worked. The result shows the FTE value as a decimal (e.g., 0.5 = half-time, 1.0 = full-time).
Q1: Why is 37.5 hours considered full-time?
A: This is a common standard in many organizations, representing a 7.5-hour workday for 5 days a week.
Q2: Can FTE be more than 1.0?
A: Yes, values above 1.0 indicate more than full-time hours (e.g., overtime or multiple jobs).
Q3: How is FTE used in budgeting?
A: Organizations often budget positions by FTE rather than headcount to account for part-time workers.
Q4: Does FTE include leave time?
A: Typically, FTE calculations are based on scheduled hours, not actual hours worked (includes paid leave).
Q5: Can this calculator be used for different full-time standards?
A: No, this calculator specifically uses 37.5 hours as the full-time standard. For other standards, the divisor would need to change.