Online Calculators > Financial Calculators > Full Time Equivalent Calculator

Full Time Equivalent Calculator

Full time equivalent calculator calculates how many full-time equivalent employees your company has based on current full-time employees, part-time employees, and their working hours.

FTE Calculator

Full Time Number of Employees:
Each Employees Working Hours: /week
Part Time Number of Employees:
Each Part Time Employees Working Hours: /week
Full Time Equivalent:

Full Time Equivalent Formula

The formula to compute full time equivlent employees is:
FE x FH+ PE x PH/FH

While
FE = Number of full time employees.
FH = Each full time employee's working hours.
PE = Number of part time employees.
PH = Each part time employee's working hours.

For example,
if the company has 50 full-time employees working 40 hours per week,
and the company also has 20 part-time employees working 15 hours per week.
Then the full-time equivalent employees is 57.5 employees.

It is calculated as:
50 x 40 + 20 x 15/40
= 57.5


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