Full-Time Equivalent Calculator


For employers, determining how many employees they have is one of the most difficult – and most important – tasks related to the health reform legislation whatsapp pc windows 7 kostenlos downloaden deutsch. Companies with 50 or more full-time equivalent (FTE) employees are considered “applicable large employers” and are required to offer coverage to their full-time workers (those working 30 hours per week or more) beginning in 2015 or they will pay a penalty, though some companies will qualify for transition relief that delays any penalties until their 2016 renewal date herunterladen.

To calculate full-time equivalents, each full-time worker counts as one FTE, and each part-time worker counts as a fraction of a full-time employee aida bildschirmschoner kostenlosen. For instance, someone who works 15 hours per week would count as half of an employee since that’s half of a full-time work week.

The below tool is designed to help employers determine how many FTEs they have and, if 50 or more, what their penalty would be if they don’t offer group health coverage to their full-time workers musik auf macbook herunterladen.

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