Budgeting Classwork for Management Class

Calculating FTE's

Class—START HERE

1 FTE = 40 hours in one week Assume a 5-day work week unless otherwise stated.

Hartman Medical Office has 4 employees working full time, plus 5 employees each working 16 hours per week, how many FTE's work in the week?

The Davis and White Medical Office has six-part time employees who work 24 hours per week and eight-part time employees who work 16 hours per week, how many annual hours do the part time employees work? Convert this to FTE's

Wagner Physical Therapy has a total staff of 14 employees, 8 employees who work full time, 3 employees who work 6 hours each week and 4 employees who work 4 hours each week, how many daily FTE's are there?

You are looking at your staffing and budget to determine if you have adequate staff. You are reviewing billing. In general, it takes 20 minutes to process a bill, both sending and receiving, your goal is that 15 bills be processed daily (sent or received) based on a six-day work week. How many weekly hours are needed for this billing activity? Convert the hours to weekly FTE's.