Changes
Jump to navigation
Jump to search
→How the ACA really affects small businesses
The Affordable Care Act uses the language “full-time equivalent” (abbreviated FTE) when determining the number of full-time employees.
''Calculation for finding the number of full-time equivalent employees: '''#of FTE 's = Total number Number of fullFull-time employees Employees + (number Combined Number of partPart-time employees hoursEmployees Hours)/ 30'''
Another criterion for determining mandate-exemption or tax-credit status in the ACA is the average annual wage of employees.
