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Finance Calculators
FTE (Full-Time Equivalent) Calculator
Calculate full-time equivalent (FTE) headcount from total hours worked across employees.
Full-time equivalent staff
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About the FTE (Full-Time Equivalent) Calculator
Full-time equivalent (FTE) converts a mix of full-time and part-time hours into a standardized headcount figure, making it easier to budget labor costs and compare staffing levels across teams.
Formula: FTE = Total Hours Worked per Week ÷ Standard Full-Time Hours per Week
For example, two employees each working 20 hours a week (against a 40-hour standard) together equal 1.0 FTE.
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