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FTE TRACKING LoBue's approach to an accurate and timely tracking of FTE THE NEED Tracking and reporting FTE in larger organizations is often a cumbersome manual task. The process of reconciling to payroll is time consuming and often elusive. Significant management time can be expended on this routine yet necessary effort. THE SOLUTION LoBue works with our client to establish a "baseline" tracking of FTE by department reconciled to payroll records. People are then trained on this simple yet comprehensive tool. MIS is easily available on such changes as:
THE RESULTS Once established, the FTE tracking mechanism provides accurate and timely reconciliation of staffing to payroll by department and unit on an ongoing basis. Transfers between units as well as terminations and temporary and part time staffing are tracked. Reporting is simplified and maintenance is facilitated.
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