FTE stands for Full-Time Equivalent, a standard used in payroll to represent the workload of an employed person in a way that makes workloads comparable across various roles. It quantifies the total hours worked by all employees as a fraction of the hours worked by a full-time employee, typically based on a 40-hour work week. This metric helps organizations assess staffing levels, manage labor costs, and allocate resources effectively. In payroll, it aids in budgeting and determining benefits eligibility based on employment status.
What do you mean by payroll in personnel management?"
Payroll is a list of employees and their salaries.
What does AR mean in a payroll deduction
Memo Accounts are used to record non-financial or statistical data such as payroll hours or FTE's. Usually a Memo Account journal entry does not require an off-setting entry, i.e. Memo Accounts are one sided entries.
Federal Withholding Tax
FTE- Full time employee
In HR it means Full Time Employee In College terms, it can mean "Full Time Enrollment"
Full Time Equivalent.
Full time enrollment
What do you mean by payroll in personnel management?"
Payroll is a list of employees and their salaries.
What does AR mean in a payroll deduction
You can get the payroll at spotrac. There are all players listed. You just click on 1 person you want and see his payroll, agents and contract terms.
Memo Accounts are used to record non-financial or statistical data such as payroll hours or FTE's. Usually a Memo Account journal entry does not require an off-setting entry, i.e. Memo Accounts are one sided entries.
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A 32-hour workweek typically represents 0.8 Full-Time Equivalent (FTE), as a standard full-time workweek is usually considered to be 40 hours. To calculate FTE, you divide the actual hours worked (32) by the standard full-time hours (40). Thus, 32 hours divided by 40 hours equals 0.8 FTE.
On some California payroll stubs it means California State Tax.