Finance

FTE Calculator (Full-Time Equivalent)

Convert your mix of full-time and part-time employees into Full-Time Equivalents.

Full-Time Employees

Full-Time Hours/Week

Part-Time Employees

Avg Part-Time Hours/Week

Average Hourly Cost ($)

For labor cost estimation

Formula:
FTE = Full-Time + (Part-Time Hours / Full-Time Hours) × Part-Time Count
ACA uses 30 hrs/week or 130 hrs/month as full-time threshold

Why FTE Matters

FTE standardizes headcount for budgeting, resource planning, and compliance (ACA requires 50+ FTE employers to offer health insurance). It's also used in PPP loan calculations and government programs.