What is FTE (Full-Time Equivalent)
Full-time equivalent for savings estimation
FTE (Full-Time Equivalent) is a metric for measuring workload and estimating savings from automation.
How It's Calculated
- 1 FTE = 1 full-time employee (40 hours/week)
- 0.5 FTE = part-time or 20 hours/week
- 2 FTE = workload of two full-time employees
Application in Automation
- Evaluating RPA bot effectiveness
- Calculating automation project ROI
- Comparing bot cost vs employee cost
- Resource planning
Savings Calculation Example
- Bot completes task in 2 hours/day
- Employee spent 6 hours on it
- Savings: (6-2) x 250 days = 1000 hours/year
- In FTE: 1000 / 2080 = 0.48 FTE
Cost of 1 FTE
- Salary + taxes + office + equipment
- Varies by region: $50-150K/year
- Bot: $10-25K/year (including support)