Adjust for non-productive time (i.e., vacation, training, education). (Generally estimated to be 10−20% of total hours.) Total hours ________ x 1.1 1.2 – = ________ total staffing hours/week Determine FTE* requirements: #_____hours per week / 40 hours = _____FTE needs *1 FTE = 1 full-time equivalent = 40 hours/week Estimated Costs for Administrative Time Average cost per 1 FTE = $________/time *This value should include benefits. If not, then determine the actual total value (salary + benefits) or use an estimate of roughly 30% (i.e., or salary x 1.3) based on 2010 industry standards. Total monthly staffing costs = #______FTE x $_______/FTE per month (if FTE = 40 hr per 7 days, then use 4.3 multiplier for monthly costs) Technical Support Estimated # ______ of technical support Adjust for non-productive time (i.e., vacation, training, education). (Generally estimated to be 10−20% of total hours.) Total hours ________ x 1.1 1.2 – = ________ staffing hours/week Determine FTE* requirements: #_____hours per week / 40 hours = _____FTE needs *1 FTE = 1 full-time equivalent = 40 hours/week Estimated for Technical Support Average cost per 1 FTE = $________/time *This value should include benefits. If not, then determine the actual total value (salary + benefits) or use an estimate of roughly 30% (i.e., or salary x 1.3) based on 2010 industry standards. Total monthly staffing costs = #______FTE x $_______/FTE per month (if FTE = 40 hr per 7 days, then use 4.3 multiplier for monthly costs)
Adjust for non-productive time (i.e., vacation, training, education). (Generally estimated to be 10−20% of total hours.) Total hours ________ x 1.1 – 1.2 = ________ total staffing hours/week Determine FTE* requirements: #_____hours per week / 40 hours = _____FTE needs *1 FTE = 1 full-time equivalent = 40 hours/week Estimated Costs for Administrative Time Average cost per 1 FTE = $________/time *This value should include benefits. If not, then determine the actual total value (salary + benefits) or use an estimate of roughly 30% (i.e., or salary x 1.3) based on 2010 industry standards. Total monthly staffing costs = #______FTE x $_______/FTE per month (if FTE = 40 hr per 7 days, then use 4.3 multiplier for monthly costs) Technical Support Estimated # ______ of technical support Adjust for non-productive time (i.e., vacation, training, education). (Generally estimated to be 10−20% of total hours.) Total hours ________ x 1.1 – 1.2 = ________ staffing hours/week Determine FTE* requirements: #_____hours per week / 40 hours = _____FTE needs *1 FTE = 1 full-time equivalent = 40 hours/week Estimated for Technical Support Average cost per 1 FTE = $________/time *This value should include benefits. If not, then determine the actual total value (salary + benefits) or use an estimate of roughly 30% (i.e., or salary x 1.3) based on 2010 industry standards. Total monthly staffing costs = #______FTE x $_______/FTE per month (if FTE = 40 hr per 7 days, then use 4.3 multiplier for monthly costs)
Resources%20Worksheet.docx