Calculate full-time equivalent employees, part-time FTE, total weekly hours, monthly hours, annual hours, workforce capacity, labor cost, and cost per FTE. Use this FTE calculator for HR planning, staffing budgets, payroll estimates, and workforce reporting.
Weekly FTE:
The calculator adds full-time, part-time, and contractor weekly hours, then divides by full-time weekly hours.
Monthly FTE:
Weekly hours are converted into estimated monthly hours, then compared with monthly full-time hours.
Annual FTE:
Weekly hours are multiplied by weeks per year to estimate annual labor capacity.
FTE cost:
The calculator estimates annual salary cost, hourly labor cost, benefit-loaded cost, and cost per FTE.
A full-time equivalent calculator helps HR teams, finance teams, and business owners compare staffing capacity across full-time, part-time, and temporary workers.
It can help compare headcount, total FTE, total hours, target FTE gap, annual hours, labor cost, and cost per full-time equivalent.
Your result shows total FTE, full-time FTE, part-time FTE, contractor FTE, total weekly hours, monthly hours, annual hours, target gap, labor cost, and cost per FTE. These figures are estimates based on the values you enter.
FTE stands for full-time equivalent. It converts total work hours into the number of equivalent full-time employees.
Divide total hours worked by the number of hours considered full-time for the same period.
No. A part-time employee is 0.50 FTE only if they work half of the full-time schedule. For example, 20 hours compared with a 40-hour week equals 0.50 FTE.
Headcount counts people. FTE measures work capacity based on hours worked compared with a full-time schedule.
Yes, if your organization includes contractors or temporary workers in workforce capacity reporting. If not, enter 0 for contractor count.