1 / 18

Full-Time Equivalent (FTE)

Full-Time Equivalent (FTE). February 8, 2007. Full-Time Equivalent (FTE). FTE = Unit of Measure of a worker’s productivity or effort. FTE ≠ Count. Head. Leave. Units of Measure - 4 Types of Hrs. Productive Hours – hours charged to a project. Paid Leave Hours:.

Download Presentation

Full-Time Equivalent (FTE)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Full-Time Equivalent (FTE) February 8, 2007 1

  2. Full-Time Equivalent (FTE) FTE = Unit of Measure of a worker’s productivity or effort FTE ≠ Count Head 2

  3. Leave Units of Measure - 4 Types of Hrs • Productive Hours – hours charged to a project • Paid Leave Hours: • Overtime Hours not in FTE calc • Leave w/o Pay (LWOP) – not in FTE calc 3

  4. Units of Measure – Work Month Work Month = Productive Hours in Acctg Period / Available Hour in Acctg Period Available hours for monthly (MON) employees are different from bi-weekly (BWK) employees because of their differences in time reporting to LDRS and General Ledger in any given month. 4

  5. FTE Calculation FTE = FTE Factor x Work Month of each employee FTE Factor = (Σ Productive Hours + Σ Paid Leave Hours) Σ Productive Hours calculated for each paygoup (MON or BWK) at the Level 1 division – employee’s home organization 5

  6. Paid Leave Factor (PLF) PLF = 1 / FTE Factor PLF = (Σ Productive Hours) (Σ Productive Hours + Σ Paid Leave Hours) FTE = Employee Work Month / PLF 6

  7. Example Assume Division A has 4 MON and 3 BWK Employees For each MON employee: Available Hrs = 22 Days x 8 Hrs/Day = 176 Hrs For each BWK employee: 7

  8. Example - Monthly (MON) 8

  9. Example - Bi-weekly (BWK) 9

  10. Adjustments • Adjustments for late time entry or corrections to hours reported in prior reporting periods. • If the prior time reporting period occurs in the same accounting period as the current time reporting period, then adjustment hours are included in the FTE calculations. • If the adjustment is not for the current reporting period, an Adjusting FTE is calculated and will be included in calculating YTD FTE. 10

  11. Key Points • Standard calculation for LBNL FTE reports. • FTE Calculation based on FTE Factor of whole L1 Division (home organization). • FTE of an employee can be > 1.0 or 0. • FTE calculation excludes LWOP and overtime. • YTD Ave FTE calculation includes FTE adjustments. 11

  12. Sample BRS Report-Page1 Current Period 12

  13. Sample BRS Report-Page 4 Adjustments 13

  14. Sample BRS Report-Page 5 Total 14

  15. Sample Effort Analyzer Report 1 FY06 FTE 15

  16. Sample Effort Analyzer Report 2 FY06 YTD Ave FTE 16

  17. Sample Effort Analyzer Report 3 For Oct, 2006 17

  18. Sample Effort Analyzer Report 3 For Oct, 2006 cont’d 18

More Related