budget labor. for eaech one of the two physicians for each one of the two nurses for each one of the...
DESCRIPTION
Total days in business year divided by net paid days worked. For the Two Physicians: Total paid days per year = 260 days a year Net paid days worked = 230 days a year 260 / 230 = 1.13FTE for each Physician *For Two Nurses Total paid days per year = 260 days a year Net paid days worked = 237 days a year 260 / 237 = 1.09FTE For Each Nurse For the Two Front Desk employees: Total paid days per year = 260 days a year Net paid days worked = 237 days a year 260 / 237 = 1.09FTE for Each Front Desk For the One Administrator: Total paid days per year = 260 days a year Net paid days worked = 237 days a year 260 / 237 = 1.09FTE for One Administrator. FTEs Calculation for All EmployeesTRANSCRIPT
BudgetLabor
For Eaech one of the Two Physicians
For each one of the Two Nurses
For Each one of the Two Fron Desk
One Office Administrator
Total days in business year 364 364 364 364
Less two days off per week 2days X 52 weeks
104 104 104 104
Total paid days per year 260 260 260 260
For Eaech one of the Two sPhysician
For each one of the Two Nurses
For Each one of the Two Fron Desk
One Office Administrator
Federal Holidays 4 4 4 4
Sick 5 5 5 5
Vacation 21 14 14 14
Education 0 0 0 0
Total 30 23 23 23
Net paid days worked 260-30230
260-23237
260-23237
260-23237
• Total days in business year divided by net
paid days worked.• For the Two Physicians:
Total paid days per year = 260 days a yearNet paid days worked = 230 days a year
260 / 230 = 1.13FTE for each Physician• *For Two Nurses
Total paid days per year = 260 days a yearNet paid days worked = 237 days a year
260 / 237 = 1.09FTE For Each Nurse
• For the Two Front Desk employees:Total paid days per year = 260 days a yearNet paid days worked = 237 days a year
260 / 237 = 1.09FTE for Each Front Desk
• For the One Administrator:Total paid days per year = 260 days a yearNet paid days worked = 237 days a year
260 / 237 = 1.09FTE for One Administrator.
FTEs Calculation for All Employees
Average Annual Salaries For All Clinic Employees
• Indiana average annual salary for a full-time physician $ 186000
• Indiana average annual salary for a Nurse $55000• Indiana average annual salary for a Front Desk $25000• Indiana average annual salary for an Office Administrator
$39000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
PhysicianProductive FTEs
2
2.26
2
2.26
2
2.26
1
1.13
2
2.26
2
2.26
2
2.26
2
2.26
1
1.13
2
2.26
2
2.26
2
2.26
24.86 FTEs
PhysicianNon prod FTEs
0
0
0
0
0
0
1
1.13
0
0
0
0
0
0
0
0
1
1.13
0
0
0
0
0
0
2.26FTEs
Total Physician FTEs
2.26 2.26 2.26 2.26 2.26 2.26 2.26 2.26 2.26 2.26 2.26 2.26 27.12FTEs
2 Physicians Productive Dollars
2
$23250
2
$23250
2
$23250
1
$15500
2
$23250
2
$23250
2
$23250
2
$23250
1
$7750
2
$23250
2
$23250
2
$23250
$255750
2Physician Non Prod Dollars
$0 $0 $0 $7750 $0 $0 $0 $0 $15500 $0 $0 $0 $23250
Total Physiciandollars
$23250
$23250 $23250
$23250
$23250 $23250 $23250 $23250 $23250 $23250 $23250 $23250 $279000
PhysicianBenefits
$3487.5
$3487.5
$3487.5
$3487.5
$3487.5 $3487.5 $3487.5 $3487.5 $3487.5 $3487.5 $3487.5 $3487.5 $41850
Note: Physician B has a half capacity of the work loud. He receives an annual salary of $93000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Nurse Productive FTEs
2
2.18
2
2.18
1
1.09
2
2.18
2
2.18
2
2.18
2
2.18
1
1.09
2
2.18
2
2.18
2
2.18
2
2.18
23.98FTEs
NurseNon prod FTEs
0
0
0
0
1
1.09
0
0
0
0
0
0
0
0
1
1.09
0
0
0
0
0
0
0
0
2.18 FTEs
Total Nurse FTEs
2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 26.16 FTEs
Nurse Productive Dollars
2
$9167
2
$9167
1
$4583
2
$9167
2
$9167
2
$9167
2
$9167
1
$4583
2
$9167
2
$9167
2
$9167
2
$9167
$55Ktotal for 2 $110K
Nurse Non Prod Dollars
0
0
0
0
1
$4583
0
0
0
0
0
0
0
0
1
$4583
0
0
0
0
0
0
0
0
$9167
Total Nurse dollars
$9167 $9167
$9167 $9167
$9167 $9167 $9167 $9167 $9167 $9167 $9167 $9167 $110K
Nurse Benefits
$1375 $1375
$1375 $1375
$1375 $1375 $1375 $1375 $1375 $1375 $1375 $1375 $16500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Front Desk Productive FTEs
2
2.18
1
1.09
2
2.18
2
2.18
2
2.18
2
2.18
2
2.18
2
2.18
2
2.18
1
1.09
2
2.18
2
2.18
23.98FTEs
Front Desk Non prod FTEs
0
0
1
1.09
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1.09
0
0
0
0
2.18 FTEs
Total Front Desk FTEs
2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 2.18 26.16 FTEs
Front Desk Productive Dollars
2
$4167
1
$2083
2
$4167
2
$4167
2
$4167
2
$4167
2
$4167
2
$4167
2
$4167
1
$2083
2
$4167
2
$4167
$50K
Front Desk Non Prod Dollars
0
0
1
$2083
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
$2083
0
0
0
0
$4167
Total Front Desk dollars
$4167
$4167
$4167 $4167
$4167 $4167 $4167 $4167 $4167 $4167 $4167 $4167 $50K
Two Front Desk Benefits
$625
$625 $625 $625 $625 $625 $625 $625 $625 $625 $625 $625 $7500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Office AdminProductive FTEs
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
1
1.09
13.08FTEs
Office AdminNon prod FTEs
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1.09
1.09FTEs
Total Office Admin FTEs
1.09 1.09 1.09 1.09 1.09 1.09 1.09 1.09 1.09 1.09 1.09 1.09 13.08FTEs
Office AdminProductive Dollars
$3250
$3250
$3250
$3250
$3250 $3250 $3250 $3250 $3250 $3250 $3250 $3102 $38852
Office AdminNon Prod Dollars
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $3250 $3250
Total Office Admindollars
$3250
$3250
$3250
$3250
$3250 $3250 $3250 $3250 $3250 $3250 $3250 $6352 $42102
Office AdminBenefits
$487.5
$487.5
$487.5
$487.5
$487.5 $487.5 $487.5 $487.5 $487.5 $487.5 $487.5 $487.5 $5850
Note: While the office administrator is off for three weeks, another administrator is hired to take the position temporarily and receiving the same wage.