Full Time Equivalent Calculator
This turns a mixed workforce into one number: how much full-time labor capacity you actually have.
Headcount tells you who's on the team. FTE tells you the team's true capacity. It matters when you're planning to hire, costing labor per project, or applying for credits and tax incentives that depend on it.
What You'll Need — four inputs:
Full Time Count: employees on a standard full-week schedule.
Standard Work Week: the hours your business counts as full time (typically 35-40 hours).
Part Time Count: staff on reduced or flexible schedules.
Part Time Average: average weekly hours from those part-time staff.
Your Results — two insights:
Total Weekly Hours: the raw labor available every seven days.
Full Time Equivalent (FTE): your true headcount. Two half-time employees equal 1.0 FTE.
Worth Knowing
FTE is the first step to Revenue per FTE. Improving that ratio lets you grow income without necessarily adding management or office overhead.