Full time positions (FTE)

Full Time Positions (FTE)

Full Time Equivalent (FTE) refers to the unit of measurement equivalent to an individual.

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Full-Time Equivalent (FTE)

it measures how many total full-time employees or part-time employees add up to full-time employees your company employs.

List your employees and hours worked

Prepare a list of all the employees paid with a year-end W-2 form. Exclude 1099 independent contractors.

Determine the number of hours considered

Companies usually define their full-time schedule by the maximum hours authorized, which is 40 hours per week.

Calculate the hours worked per year

There are 52 weeks in a year. Multiply the number of weekly hours by 52.

Add up all full-time hours

Add up all the full-time hours worked by your full-time employees.

Add up all part-time hours

Add up all the part-time hours worked by your part-time employees.

Determine the part-time FTE

To determine the part-time FTE, divide the hours worked by part-time employees by the hours worked by full-time employees.