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How do I calculate an FTE employee?
To calculate the number of FTE employees (including part-time and seasonal workers), we suggest that you take the total number of hours worked by all of the employees at your Sioux Falls area location(s) over a current 12-month period and divide that number by 2080. This will give you the FTE number to report. We only need the FTE count for your employees in the Sioux Falls area.