Rhode Island's official name: State of Rhode Island and Providence Plantations. Rhode Island is one of two states with no county government. It is divided into 39 municipalities, each having its own form of local government. Capital: Providence.
Cost per FTE. Costs per FTE calculates the proportion of costs to FTE on cost center or cost center group level. FTE or Full Time Equivalent is a unit of measure of an employee's or group's productivity. An FTE of 1.0 means that the person, or group of people, is equivalent to a full-time worker.
In this case, FTE would be 8.77 FTEs. FTE can also be calculated by using the labor hours in one month, divided by 173.33. The figure of 173.33 is representative of 2,080 divided by 12. Labor hours can also be calculated on a daily basis for FTE calculations. This number would be divided by 8.