Difference between revisions of "Calculate FTE"

FTE stand for full-time equivalent and it represents the number of working hours that one full-time employee completes during a fixed time period, such as one month or one year. FTE converts workload hours into the number of people required to complete that work, which can help to simplify scheduling. FTE also helps budget analysts and project managers estimate the cost of labor. Managers may also benefit from looking at FTE to determine if overtime costs are making it worthwhile to open up a new full-time or part-time position.  

FTE stand for full-time equivalent and it represents the number of working hours that one full-time employee completes during a fixed time period, such as one month or one year. FTE converts workload hours into the number of people required to complete that work, which can help to simplify scheduling. FTE also helps budget analysts and project managers estimate the cost of labor. Managers may also benefit from looking at FTE to determine if overtime costs are making it worthwhile to open up a new full-time or part-time position.  

== Steps ==

== Steps ==