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How to Calculate to the Minute To calculate payroll to the precise minute rather than by rounding, you need to convert the minutes to a decimal. You do this by dividing the minutes worked by 60.
To calculate hours, add up the total hours and minutes worked. Round the minutes up or down to the nearest quarter-hour or divide the minutes by 60 to get the percentage of an hour. Then apply ...
Full-time equivalent is a unit of measurement used to figure out the number of full-time hours worked by all employees in a business. Here's how to calculate it ...
Full-time equivalent (FTE) measures the number of full-time employees based on the total hours worked. Learn how to calculate FTE to determine staffing needs.
Luckily, the responsible savers at Frugal Fringe created a labor cost calculator, so you can figure out exactly how many hours you need to work in order to afford your next getaway.
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