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Question

 Harrison Bergamin (HarrisonB)
Reveal Group

Reveal Group
AU
HarrisonB Member since 2016 1 post
Reveal Group
Posted: Jan 16, 2017
Last activity: Jan 31, 2017
Posted: 16 Jan 2017 18:29 EST
Last activity: 31 Jan 2017 17:17 EST
Closed
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Man Years vs FTEs

Hi all, does anybody know the technical difference between the terms "Man Years" and "FTEs"?
I have completed the Robotics Visualisation course and the term "Man Years" has been mentioned multiple times and seems to be a separate performance indicator to FTEs. Additionally, I cannot find the definition in the Glossary.

Any information would be much appreciated.

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Robotic Process Automation

Accepted Solution

Posted: 7 years ago
Posted: 17 Jan 2017 2:11 EST
Sandeep Kumar Gunanchipalli (sandeepg)
OCBC Bank
Sandeep Gunanchipalli
OCBC Bank
SG

Hi Harrison,

The man-year takes the amount of hours worked by an individual during the week and multiplies it by 52 (or the number of weeks worked in a year). The man-year calculated will be different for various industries depending on the average number of hours worked each week and the number of weeks worked per year.

 

An FTE is the hours worked by one employee on a full-time basis. The concept is used to convert the hours worked by several part-time employees into the hours worked by full-time employees. 

 

Thanks,

Sandeep.

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