Full Time Equivalent (FTE)

JTSi through Full Time Equivalent (FTE) services provides clients with individual employees who work on a full time basis thereby eliminating the need to spend time on calculating the hourly work remuneration and team velocity. JTSi hires employees on contract basis for our clients, who will be under the control of the client like any other normal employee working under them. On completion of the certain specific project for which the employee was hired for, the company can lay off him/her with less time dedicated for the exit formalities and less paper work efforts for the HR department for our client.

The velocity of the actively paid employees is one factor that determines the vacant posts listed under Full Time Equivalent. The work done by the employee hired under FTE will be equivalent to the work accomplished by a full time employee. FTE is actually about the quantitative factor of the contribution made by a contract employee in our client’s organization for a specific project.

Clients of JTSi have found this an effective way to assess how many part time employees and their workload equalizes the full time employee- this is very crucial for accounting and fixing wages.