Monthly Average of FTE Project Jobs. For FTE Project Jobs, add the hours worked each month by hourly employees and divide by 151.6 hours (1,820 hours per year divided by 12 months) to calculate the number of FTE Project Jobs. If Grantee uses pay periods of less than one month, total all of the reported hours worked by the FTEs during the Performance Certification Period and divide by 1,820 (35 hours x 52 weeks) to determine the average FTE employment for the Period. No individual may be considered more than one FTE regardless of the number of hours worked by such individual.
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Samples: Florida Job Growth Infrastructure Grant Agreement, Florida Job Growth Infrastructure Grant Agreement
Monthly Average of FTE Project Jobs. For FTE Project Jobs, add the hours worked each month by hourly employees and divide by 151.6 hours (1,820 hours per year divided by 12 months) to calculate the number of FTE Project Jobs. If Grantee uses pay periods of less than one month, total all of the reported hours worked by the FTEs during the Performance Certification Period and divide by 1,820 (35 hours x 52 weeks) to determine the average FTE employment for the Period. No individual may be considered more than one FTE regardless of the number of hours worked by such individual.
Appears in 2 contracts
Samples: Florida Job Growth Infrastructure Grant Agreement, Florida Job Growth Infrastructure Grant Agreement
Monthly Average of FTE Project Jobs. For FTE Project Jobs, add the hours worked each month by hourly employees and divide by 151.6 hours (1,820 1820 hours per year divided by 12 months) to calculate the number of FTE Project Jobs. If Grantee the QTI Business uses pay periods of less than one month, total all of the reported hours worked by the FTEs during the Performance Certification Refund Period and divide by 1,820 (35 hours x 52 weeks) to determine the average FTE employment for the Period. No individual may be considered more than one FTE regardless of the number of hours worked by such individual.
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Monthly Average of FTE Project Jobs. For FTE Project Jobs, add Add the hours worked each month by hourly employees and divide by 151.6 140 hours (1,820 35 hours per year divided by 12 monthsx 4 weeks) to calculate the number of FTE Project Jobs. If Grantee the QTI Business uses pay periods of less than one month, total all of the reported hours worked by the FTEs during the Performance Certification Refund Period and divide by 1,820 (35 hours x 52 weeks) to determine the average FTE employment for the Refund Period. No individual may be considered more than one FTE regardless of the number of hours worked by such individual.
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