Full Time Equivalents for Payroll Clause Samples

Full Time Equivalents for Payroll. Unit members currently employed and hired prior to December 1, 2014 Full Time Equivalency (FTE) will be calculated in the following manner for compensation only: One (1) assignment 0.2 FTE Two (2) assignments 0.4 FTE Three (3) assignments 0.6 FTE Four (4) assignments 0.8 FTE Five (5) assignments 1.0 FTE Six (6) assignments 1.0 FTE Compensation for Unit members hired after the December 1st date will be prorated based on a six (6) period day.