FTE Employees definition
Examples of FTE Employees in a sentence
Once You determine the number of Full-Time Employees, You then calculate the number of FTE Employees.
To calculate FTE Employees, take the total hours worked by non-full time employees in a month and divide that amount by 120.
That number (rounded down to the nearest whole number) equals the number of FTE Employees.
Finally, add the number of FTE Employees to the total number of Full-Time Employees to determine Your Group size.
Full Time Equivalent (FTE): Employees cannot increase their FTE status through a job sharing assignment.
Notwithstanding the provisions of Section 9.1, full-time (1.0 FTE) Employees will be required to be in attendance for not more than eight and one-half (8.5) hours one day each week, with remaining days in the week requiring Employees to be in attendance for no more than seven and one-half (7.5) hours daily.
All purchased part nonconformances are documented on a Nonconformance Report (NMR).
FTE Employees are a combination of employees, each of whom individually is not a Full- Time Employee (because they‘re not employed on average at least 30 hours per week) but who, in combination, are counted as the equivalent of a Full-Time Employee.
Divide Cost Prior to Proposed Agreement, Line 6(a) by Prior Year FTE Employees, Line 7.
Vacation leave accrual rates are as follows (up to 0.74 FTE): Employees working less than a regular full-time schedule as defined in Section 4.2 (Regular Full-Time Employee) shall accrue vacation leave hours on the basis of actual hours worked, not including overtime, holiday, sick or vacation hours paid.