How will the jobs created or retained figures be calculated for the ARRA report?
The jobs created/retained number on the ARRA eReport was calculated using all available payroll expenditures for the reporting period. The employee records used are listed on the eReport. A detailed explanation of the calculation method is included below. The FTE number shown is calculated by querying all available payroll payments for all prime accounts associated with the award during the reporting quarter. This query produces the list of employee names shown and a sum total of ARRA payments per employee for period. Using the ARRA payments for the period, the percentage FTE calculation for each individual is done based on employment status: Full-time salaried employees: % FTE = total ARRA dollars paid divided by full-time salary for the reporting period. Part-time salaried employees: % FTE = total ARRA dollars paid divided by a calculated full-time salary equivalent for the reporting period. Hourly employees: % FTE = total ARRA dollars paid divided by a calculated full-time salary eq
