Full-time employees are defined as anyone working more than 30 hours per week. This is a little different than many would expect. Most employers assume a full-time employee works 40 hours, but the regulations stipulate that an employee that works on average 30 hours or more per week is a full-time employee. For purposes of this calculation, do not include the business owner, partners, or owner’s family members.
We will use this information, combined with your answers around part-time employees and pay cycles, to help calculate your Full-time Equivalent staff (FTEs). Your FTEs is a critical number. It dictates which components of health care reform are applicable to your business.
Under certain scenarios, full-time employees, and their dependents, are the employees to whom you may have to offer coverage. The type of coverage, the time in which it is offered, and the type of coverage offered to dependents, all have to meet different criteria.