FTE CALCULATION IN EXCEL -RPA AUTOMATION FTE RELEASE -FULL TIME EQUIVALENT -FTE benefit calculation

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FTE CALCULATION IN EXCEL - NEW PROJECT/AUTOMATION RELEASE


The formula to calculate the full-time equivalent (FTE) is as follows:

Time required to complete activity(In Minutes)
Monthly volume
Total time required
Time available
of FT required
Per day working hrs 8
Per month working days 20
In minutes 60
C = (A * B)
E = (C/D)

AUTOMATION RELEASE CALCULATION
Reduction in processing time
3 15000 45000 9600 4.69
Reduction in total volumes
4 10000 40000 9600 4.17

FTE: Frequently asked questions

Full-time employee (FTE) calculation

What does FTE stand for? FTE is shorthand for full-time equivalent. An FTE calculation is a method for measuring how many full-time employees are required to complete the task

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