Full-Time Equivalent Pay Calculator
A part-time job can be compared with a full-time one by working out what the same period would pay if the hours were full-time. This gives that full-time equivalent for one period.
- Free
- Works offline after your first visit
- Saves on this device
- No sign-up
- Updated
How it works
Divide the pay by the hours worked to get the pay per hour. Multiply that by the full-time hours for the same period.
Use the same period for all three numbers, such as one week, so the comparison is fair. Full-time hours are often 40 a week, but check your employer's standard.
Worked example
Pay of $600.00 for 25 hours is $24.00 an hour. At 40 full-time hours for the period, the full-time equivalent is $960.00.
Questions
Why use a full-time equivalent?
It puts part-time and full-time offers on the same footing, for the same period.
Is it the same as a salary?
Not exactly. It is a one-period figure that assumes the same rate of pay, and it does not count benefits or any change in pay for full-time work.
Does the pay include overtime?
Only if you include it in the pay you enter. Overtime usually pays a higher rate, which raises the per-hour figure.
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