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A Full Time Equivalent (FTE) Calculations - The Upgrade

A. full time Equivalent (FTE) Calculations All work hours in HRMS must use quarter hour increments. To calculate the FTE, simply take the number of hours worked divided by 40 and round to two decimal places. For example 40 hrs/wk =. 40/40 = FTE. Hours Formula FTE Hours per Formula FTE. per week week 40/40 = = .763 .76. = .993 .99 = .756 .77. = .987 .99 30/40 = .75 .75. = .981 .98 = .744 .74. 39/40 = .975 .98 = .738 .74. = .968 .97 = .731 .73. = .962 .96 29/40 = .725 .73. = .956 .96 = .719 .72. 38/40 = .95 .95 = .713 .71. = .943 .94 = .706 .71. = .937 .94 28/40 = .700 .70. =.

Full Time Equivalent (FTE) Calculations Leadership and Talent evelopment/OHR Position Manaement: pdatin Existin ositions wwwumn.eduohrrainin 1-27-15

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