Full Time Equivalent from Calendar Hours Page of the Add Rate Set Wizard

Use this page to create a rate set that calculates rates for full-time equivalent (FTE) personnel based on the hours defined in the calendar that you specified.

This page is available only if you selected the Full time equivalent from calendar hours option on the Rate Set Options page of the Add Rate Set wizard.

Once you have generated a rate set using this page, you can use FTE as a result in your resource calculations. For example, assume that there are 184 hours in the June 2009 calendar period. Cobra will divide one FTE by 184 to generate a rate of .005435 for calendar period June 2007.

Contents

Field Description
Calendar

Select the calendar used to calculate the rates for the rate set.