When you calculate FTE, you can find the costs of time, personnel, and money to determine staffing decisions. It’s used by businesses to figure out how many full-time or part-time employees are in a company and for organizing projects. It’s an important element to accounting to determine...
Full-Time Equivalent (FTE) alludes to the unit of estimation equivalent to an individual (employee or student) one unit of work or school day, relevant in a variety of contexts. It's a way for managers to gauge the number of full-time workers they have, alongside the number of part-ti...
“My employer considers employee compensation to be confidential. As I’m sure you understand, access to this information is limited to inside management. So, unfortunately, I’m unable to share it with you. However, if you share the salary range for this position, I can confirm that my sa...
Knowing your market size or opportunity: Figure out the total addressable market (TAM) of your potential customer base. Estimating the current and future value of your business idea and setting reasonable goals can help you win a piece of the pie. At this stage, you should also conduct a co...
Along with the rest of us, @EC14 wants to know how to print and e-file W-2's on time, by the deadline, according to the IRS instructions, when an employee is in the Applied for case - when they are waiting (months, perhaps) for the SSA to...
At the time I was 25. You know, if it doesn’t work out what’s the worse that’s gonna happen is I’m gonna learn a whole lot along the way. Maybe my own equivalent of going to get my MBA, starting my own business. It was a slow build. It wasn’t like I said, “I’m...
Determine a total figure, then break it down and assign amounts to the categories listed in the previous section. In the first year or two of business, these numbers will likely need to change a lot. But establishing a budget at the outset gives you a great place to start, informs your...
First of all, remember thatairline pilots are paid by the hour for actual hours flown. They are not paid per flight. Federal law requires that airline pilots are to fly no more than 1,000 hours per year. This is to ensure they are well rested and ready to fly each time they enter ...
If Patty’s catering company was an S Corp, she would figure out a reasonable compensation for the work she does and pay herself a salary. To not raise any red flags with the IRS, her salary should be similar to what people in similar positions at other businesses earn. She’ll also ...
When principals listen to their teachers, they may foster an open and receptive work environment that helps teachers adapt during stressful times. Two stud