Enter the total hours worked or the hours worked per employee, number of employees, and standard hours per employee into the calculator to determine your FTE.
FTE Calculation Formula
The following formula is used to calculate the Full-Time Equivalent (FTE) from the total hours worked.
FTE = Total Hours Worked / Standard Hours
Variables:
- FTE is the full-time equivalent of an employee
- Total Hours Worked is the sum of hours worked by all employees
- Standard Hours is the standard number of hours a full-time employee works
To calculate the FTE, divide the total hours worked by the standard hours for a full-time employee.
What is FTE Calculation?
FTE calculation refers to the process of converting the hours worked by part-time or temporary employees into the equivalent of a full-time employee. This involves understanding the total hours worked and the standard full-time hours. Proper FTE calculation ensures accurate workforce planning and budgeting.
How to Calculate FTE?
The following steps outline how to calculate the FTE using the given formula.
- First, determine the total hours worked by all employees or the hours worked per employee, number of employees, and standard hours.
- Next, determine the standard hours for a full-time employee.
- Use the formula from above: FTE = Total Hours Worked / Standard Hours.
- Finally, calculate the FTE by plugging in the values.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem:
Use the following variables as an example problem to test your knowledge.
Total Hours Worked = 10400
Standard Hours = 2080
FAQ
1. What is FTE?
FTE stands for Full-Time Equivalent, which is a unit that indicates the workload of an employed person in