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Workspan Daily Plus+
02/10/2025
The calculation:
;Total hours worked by FT employees:
;50 FT employees x 2,080 = 104,000 hours per year;;
;Total hours worked by PT employees:
;20 PT employees x 30 = 600 hours per week;
;600 hours per week x 52 weeks
= 31,200 hours per year;;
;Calculate total FTEs:
;104,000 hours (FT) + 31,200 hours (PT) = 135,200 hours;
;135,200 hours / 2,080 hours = 65 FTEs;;
Therefore, while the headcount is 70 employees, this organization has 65 FTEs.
Author(s):
Workspan Daily
08/26/2025
.;
If you have multiple types of deal structures, consider developing a contract classification system (e.g., Tier 1, 2, 3) based on commitment level and revenue realization risk, and link incentive payout practices to those tiers.
2.
Author(s):
Tools
Pay Range Overlap (%)=Max(Range 1 Max, Range 2 Max) - Min(Range 1 Min, Range 2 Min)Min(Range 1 Max, Range 2 Max) - Max(Range 1 Min, Range 2 Min)×100 Min (Range 1 Max, Range 2 Max): The lower of the two maximums.
Workspan Magazine
07/04/2022
Women doctors earn an estimated $2 million less than men over the course of their careers.
Author(s):
Workspan Daily
04/09/2025
.;
;70% believe they’ll retire later than expected or not at all.;
What’s Contributing to the Problem?
Author(s):
Journal Article
09/15/2022
In this model, the five characteristics of a good job are: 1) task identity; 2) task variety; 3) task significance; 4) autonomy; and 5) feedback (Hackman and Oldham 1980).
Author(s):
Workspan Daily
12/18/2024
In fact, 78% of working parents are more comfortable bringing up family-related responsibilities with their employer, and 70% consider benefits that support work-life balance “non-negotiable,” according to a
study commissioned by Bright Horizons.
Author(s):
Workspan Daily
04/17/2025
WorldatWork’s most recent Total Rewards Inventory of Programs & Practices research found 70% of surveyed organizations have a participatory wellness program.
Author(s):
Workspan Magazine
12/05/2024
Fairness and transparency — ensuring that all HR and TR programs (beyond just salary and including elements like bonus awards, benefits programs, promotion, career development opportunities, etc.) are established in a way that is equitable, bias-free, and are consistent with the organization’s pay philosophy.
2.
Author(s):
Workspan Daily Plus+
03/31/2026
.;
An organization’s talent philosophy should balance a “build and buy” strategy, with many opting for a 70/30 or 60/40 split, respectively, to optimize value.
Author(s):