Download our Full Time Equivalent (FTE) Calculator

People Management & Performance

Keeping track of productivity levels among your company's employees can be a challenge. The full-time equivalent (FTE) calculator allows you to calculate the real performance of work teams, specific departments or the entire organisation. With our Google Sheets model for FTE calculation, it makes it easier to conduct an internal analysis of the company.

By seeing what are the potential productivity levels in a given time, you'll be able to better understand what the organisation's demands are and what needs to be changed internally to make it even more productive. 

Download your free FTE calculator today!

This resource is free!

People Management & Performance

Keeping track of productivity levels among your company's employees can be a challenge. The full-time equivalent (FTE) calculator allows you to calculate the real performance of work teams, specific departments or the entire organisation. With our Google Sheets model for FTE calculation, it makes it easier to conduct an internal analysis of the company.

By seeing what are the potential productivity levels in a given time, you'll be able to better understand what the organisation's demands are and what needs to be changed internally to make it even more productive. 

Download your free FTE calculator today!

This resource is free!

FTE Calculator

Benefits of Using an FTE Calculator:

  • Better Understand your Workforce - By using an FTE calculator, HR departments are able to convert the hours worked by part-time employees into hours worked by full-time employees.

  • Better Plan Your Projects - an FTE calculator is a great indicator of the productive capacity of your company as it indicates how much manpower a company has at a given time.

  • Respect Legislation: with the help of the FTE calculator you'll have a better overview of your staff and ensure you comply with the labour laws regarding various contract types.

  • Performance Analysis - a full-time equivalent calculation can help HR managers to better understand the needs of your organisation and allows them to make better decisions regarding personnel management.
  • Make Data-based Decisions - Identify whether your company needs to restructure, hire or reduce its staff, etc.

How to Use the Template:

  • Indicate how many employees work at your company

  • Indicate how many hours they work a week and for how many weeks

  • Our model will then instantly calculate the Full-Time Equivalent 

Do you want help with the management of your company’s key figures, supporting your team to make the right decisions and implementing the right measures in personnel planning?

You might want to consider upgrading your FTE calculator Excel template to a fully-encompassing HRIS.

Learn more about Factorial and its annual leave tracker!

Configure time-off permissions

Create personalized group permissions and roles to set how to manage your employees' time-off.

Learn more about group permissions
 and roles

  • Create a role for managers to approve employees' time-off.
  • Select if your employees can edit their time-off once submitted.

Time tracking software that increases productivity

Track your employees' working hours daily and approve or reject their timesheets to better manage employee productivity.

  • Review timesheets and individual shifts daily.
  • Monitor and pay extra hours easily.

A complete tool to monitor your HR KPIs and you company's reports

Did you know that with our HR software, you can view and generate company reports, that will help you better plan your upcoming human resources strategy? Try Factorial HR free for 14 days to access the reports functionality.

Do you want to know more about Factorial?

Request a demo and see how we can help your company

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