You will offen be asked about full time equivalence by business leaders

You will offen be asked about full time equivalence by business leaders, especially in finance. Additionally FTE is used
in HR to calculate a variety of metrics that are used in planning. It is important you understand what it is and how to
calculate it.

Please answer the questions below; read carefully and answer completely to receive full credit. | am looking for critical
thinking in question 3. If you choose to use information gathered from resources to support your response, you MUST
include the reference information, formatted appropriately in ML8. Do not just copy responses from your text book for 03
– instead discuss your opinion and apply your own critical strategic thinking to formulate your answer.

Although there is not a required wordcount, content matters – you should target a word count of 500 + to ensure you
adequately respond to the questions below.

Please see Assignment resources and helpful tips for instructions on posting your first assignment. "Turn it
in" will monitor for plagarism, spelling and grammar. Please make sure you site appropriately in ML8 format,

Question(s):

Question 1: Define what FTE is.

Question 2: Scenario:

‘You work for a company that currently has the following employees:
Samantha – averages 38 worked hours

John – averages 24 worked hours

Carrie – averages 26 worked hours

Sally – averages 40 worked hours

Malcolm – averages 15 worked hours

Given the above hours for your employees, please calculate your FTE’s for your company. Please explain how you
arrived at your answer.

Question 3: Why is it important to know your FTE? Please be specific
PLEASE CONTACT ME IF THERE ARE ANY QUESTIONS, YOU GUYS COMPLETED A ASSIGNMENT SIMILAR LAST

WEEK. THE WORD COUNT WAS PERFECT, ALONG WITH THE ASSIGNMENT. THE CLASS NAME IS EMPLOYMENT
PRACTICES