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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.

Workspan Quarterly 4TH QUARTER 2023 In the Q4 issue of Workspan, we explore the most robust AI experiments in total rewards and HR strategy.

For WorldatWork Members 5 Things TR Pros Can Do to Mitigate Pay Transparency Risks , Workspan Daily Plus+ article;Teaching Employees About Pay Helps Avoid Transparency Problems , Journal of Total Rewards article;Organizations Slow to Enact Pay Transparency , Journal of Total Rewards article;2025-2026 Salary Budget Survey , research;Pay Equity Laws by State — Are You in Compliance?

In 2023, she founded Vanguard HR Strategy Group which provides Total Rewards consulting and fractional Total Rewards leadership for privately held and publicly traded companies.

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Stress and burnout are also driving contention, said Monica Martin, a senior director and total rewards leader at risk management consultancy WTW.

Focus on Total Cost of Care, Rather Than Unit Cost Employers want to offer members access to a broad array of care modalities.

Executive pay has grown at a pace that tracks very closely with the pace at which company value, as measured by total shareholder return (TSR), has increased over the last decade.

The Body of Knowledge is comprised of four main knowledge domains consisting of 78 total tasks representing common skills, knowledge and abilities of the executive compensation professional.

For WorldatWork Members ;The Pros and Cons of Recruiting Gig Workers , Journal of Total Rewards article; ;Managing Performance and Rewards for Contractors , Workspan Magazine article; ;How to Set Up Rewards Tailor-Made for Hourly Employees, Workspan Daily Plus+ article; ;3 Pitfalls that Can Lead to Tipped Employee Pay Violations , Workspan Daily Plus+ article; ;Guidance on How to Avoid Common FLSA Classification Errors , Workspan Daily Plus+ article; For Everyone ;What TR Levers Are Companies Pulling for Their Seasonal Worker Plans?