If you have two employees who each work a 20-hour week, you can treat them as one Full Time Equivalent, or FTE, employee working a 40-hour week. You need to calculate how many FTEs you have to stay ...
The value for employees who worked more than 40 hours per week is capped at 1.0. In the case of employees who were paid for less than 40 hours per week, a borrower may elect to calculate the FTE value ...
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