Full Time Equivalent from Calendar Hours Page of the Add Rate Set Wizard
Use this page to generate a rate set that computes rates for full-time equivalent (FTE) staff, based on the hours specified in the calendar you have selected.
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 |
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Calendar | Use this field to select the calendar used to calculate the rates for the rate set. |
Parent Topic: Add Rate Set Wizard