The professor's contribution is 29.4 Ftes:.
For example, an employee who works 10
hours per week would count as 0.25 Ftes.
Now, here are four steps
showing how the math works to calculate how many Ftes you have:.
This definition is the most commonly used to determine how many Ftes you have for ACA purposes.
To encourage more research some universities offer 2 Ftes or even 3 Ftes for each full-time researcher.
The Affordable Care Act requires employers to offer group health benefits when they have 50 or
more Ftes.
The professor's contribution is 29.4 Ftes: To encourage more research some universities
offer 2 Ftes or even 3 Ftes for each full-time researcher.
Because ACA health benefits are required to be offered by any employer
who has 50 or more Ftes, the calculation becomes more specific.
For example, if you had 45 full-time employees and
part-time workers equaling 3.68 Ftes, your total would be 48.68 Ftes(45 + 3.68 = 48.68).
Therefore, in this example, even though 47 employees feels like it is approaching the ACA threshold of 50 Ftes,
your actual Ftes are under 40.
If you want a simple way to determine how many Ftes are currently employed in your business,
you will only need a few pieces of information, including how many hours part-time employees worked versus how many hours full-time staff worked(your standard or actual hours).