Jobs vs FTE

Hi Ryan. IMPLAN jobs consist of all full-time, part time, and temporary positions. You may want to convert IMPLAN's Employment estimates into full-time equivalents (FTE) for reporting purposes, or, conversely, you may need to convert your FTE figures into Employment before inputting into IMPLAN for analysis. We have include a link below to this spreadsheet. http://implan.com/index.php?option=com_docman&task=doc_download&gid=206&Itemid=7 You can do both fairly easily using this Excel spreadsheet. This spreadsheet will also allow you to estimate wage and salary Income from Employee Compensation (EC) or vice versa. To calculate Employment from your FTE data, you need to divide your FTE estimates by the ratio. To calculate FTE from IMPLAN Employment data, you need to multiply the Employment estimates by the ratio. For example, if the results of your IMPLAN analysis indicate that 20 jobs will be created in Sector 19, but you'd like to know how many FTE that represents, you would scroll down to the row for Sector 19. The ratio for Sector 19 happens to be 0.8630, so FTE = (20)*(0.8630) = 17.3. The second tab in the spreadsheet contains the EC-to-Income ratios, which represent EC divided by Income. You will notice that these ratios are all greater than one - this is because EC includes Income plus benefits and employer-paid payroll taxes. To estimate EC from Income, you need to multiply your income figures by the ratios. As far as our position on reporting jobs, whether you report as IMPLAN jobs or FTEs, you should explain how to interpret those jobs. We provide the jobs converter for you to report FTEs if you like. In terms of adding jobs over multiple years, we generally recommend that you report jobs on and average annual basis. For example, Project X will create an average of 500 jobs a year during the three-year period.

Hi Ryan. IMPLAN jobs consist of all full-time, part time, and temporary positions. You may want to convert IMPLAN's Employment estimates into full-time equivalents (FTE) for reporting purposes, or, conversely, you may need to convert your FTE figures into Employment before inputting into IMPLAN for analysis. We have include a link below to this spreadsheet. http://implan.com/index.php?option=com_docman&task=doc_download&gid=206&Itemid=7 You can do both fairly easily using this Excel spreadsheet. This spreadsheet will also allow you to estimate wage and salary Income from Employee Compensation (EC) or vice versa. To calculate Employment from your FTE data, you need to divide your FTE estimates by the ratio. To calculate FTE from IMPLAN Employment data, you need to multiply the Employment estimates by the ratio. For example, if the results of your IMPLAN analysis indicate that 20 jobs will be created in Sector 19, but you'd like to know how many FTE that represents, you would scroll down to the row for Sector 19. The ratio for Sector 19 happens to be 0.8630, so FTE = (20)*(0.8630) = 17.3. The second tab in the spreadsheet contains the EC-to-Income ratios, which represent EC divided by Income. You will notice that these ratios are all greater than one - this is because EC includes Income plus benefits and employer-paid payroll taxes. To estimate EC from Income, you need to multiply your income figures by the ratios. As far as our position on reporting jobs, whether you report as IMPLAN jobs or FTEs, you should explain how to interpret those jobs. We provide the jobs converter for you to report FTEs if you like. In terms of adding jobs over multiple years, we generally recommend that you report jobs on and average annual basis. For example, Project X will create an average of 500 jobs a year during the three-year period.

Hi Ryan. IMPLAN jobs consist of all full-time, part time, and temporary positions. You may want to convert IMPLAN's Employment estimates into full-time equivalents (FTE) for reporting purposes, or, conversely, you may need to convert your FTE figures into Employment before inputting into IMPLAN for analysis. We have include a link below to this spreadsheet. http://implan.com/index.php?option=com_docman&task=doc_download&gid=206&Itemid=7 You can do both fairly easily using this Excel spreadsheet. This spreadsheet will also allow you to estimate wage and salary Income from Employee Compensation (EC) or vice versa. To calculate Employment from your FTE data, you need to divide your FTE estimates by the ratio. To calculate FTE from IMPLAN Employment data, you need to multiply the Employment estimates by the ratio. For example, if the results of your IMPLAN analysis indicate that 20 jobs will be created in Sector 19, but you'd like to know how many FTE that represents, you would scroll down to the row for Sector 19. The ratio for Sector 19 happens to be 0.8630, so FTE = (20)*(0.8630) = 17.3. The second tab in the spreadsheet contains the EC-to-Income ratios, which represent EC divided by Income. You will notice that these ratios are all greater than one - this is because EC includes Income plus benefits and employer-paid payroll taxes. To estimate EC from Income, you need to multiply your income figures by the ratios. As far as our position on reporting jobs, whether you report as IMPLAN jobs or FTEs, you should explain how to interpret those jobs. We provide the jobs converter for you to report FTEs if you like. In terms of adding jobs over multiple years, we generally recommend that you report jobs on and average annual basis. For example, Project X will create an average of 500 jobs a year during the three-year period.

Hi Ryan. IMPLAN jobs consist of all full-time, part time, and temporary positions. You may want to convert IMPLAN's Employment estimates into full-time equivalents (FTE) for reporting purposes, or, conversely, you may need to convert your FTE figures into Employment before inputting into IMPLAN for analysis. We have include a link below to this spreadsheet. http://implan.com/index.php?option=com_docman&task=doc_download&gid=206&Itemid=7 You can do both fairly easily using this Excel spreadsheet. This spreadsheet will also allow you to estimate wage and salary Income from Employee Compensation (EC) or vice versa. To calculate Employment from your FTE data, you need to divide your FTE estimates by the ratio. To calculate FTE from IMPLAN Employment data, you need to multiply the Employment estimates by the ratio. For example, if the results of your IMPLAN analysis indicate that 20 jobs will be created in Sector 19, but you'd like to know how many FTE that represents, you would scroll down to the row for Sector 19. The ratio for Sector 19 happens to be 0.8630, so FTE = (20)*(0.8630) = 17.3. The second tab in the spreadsheet contains the EC-to-Income ratios, which represent EC divided by Income. You will notice that these ratios are all greater than one - this is because EC includes Income plus benefits and employer-paid payroll taxes. To estimate EC from Income, you need to multiply your income figures by the ratios. As far as our position on reporting jobs, whether you report as IMPLAN jobs or FTEs, you should explain how to interpret those jobs. We provide the jobs converter for you to report FTEs if you like. In terms of adding jobs over multiple years, we generally recommend that you report jobs on and average annual basis. For example, Project X will create an average of 500 jobs a year during the three-year period.

Yeah, I've read all the postings on how to convert. My question is [b]why[/b] is it not recommended to add jobs over multi-year projects, but it is fine to sum wages, output, etc? And is it just not recommended, or is it invalid? I understand that I don't want give the impression that a project that spans 3 years employs 1500 jobs across that entire time, while really it employs 400, 700, and 400 jobs over those years. But as long as I explain the distribution, its seems I could report an aggregate number, as I do for wages. It would be helpful because I have a multiple year project where the annual totals exceed 50,000 jobs, but no year is more than 7,000. Unrelated question - I'm putting together some industry wide contribution analysis. How are contractors handled? For example if an industry's workforce is 30% contractors, are they included in the job and wage totals?

Hi Ryan, Jobs are the most frequently misused values in a report, and so we typically recommend never reporting an aggregate number of jobs over years. The logic behind this, is that if a project employs 400 jobs the first year, and 700 the next then the aggregate number is actually 700, 400 jobs the first year, 300 additional jobs the second year. In addition, if the final year only has 400 jobs this wouldn't mean that 1500 people were ever really employed, because in fact 300 jobs were 'lost' in the last year. One of two things is happening here: 1. The jobs are rotational. If this is a project like construction, then likely most of the 400 original jobs were rotated out for different positions in year two (foundation diggers and pipe layers for plumbers and framers, etc). So there was never really an accumulation of jobs. 2. If this is more of operational impact, the 300 jobs in year one were sustained in the second year, and then additional jobs were added. Then in year three only 300 jobs remained retained. In none of these circumstances is there ever a situation when there are truly 1500 people employed. However, the Labor Income, Value Added and Output are real and spent in that year, income and production are not sustained in the same way that Employment is. New dollars are spent towards labor and new products are produced and sold each year, or new investment types are made each years (the foundation diggers and pipe layers are spending different dollars for different items and paying different people than the plumbers and framers, etc). Hopefully this helps to clarify that. But please let us know if you still have concerns in this regard. In regards to your second question, IMPLAN does not separate out their Employment but contractors would be paid through the Proprietor Income portion of Labor Income. As regards commuting factors, IMPLAN will use a general regional commuting factor, so if you happen to have information indicating that contractors will not be local to your region you may want to make adjustments. Additionally if you know that a certain portion of labor is contractors, and your knowledge leads you to the conclusion that the Proprietor Income payments are too low, you can certainly adjust these values in your Event. Please let us know if you have any additional questions.

Your help desk is very helpful as always. I'm currently reporting jobs as you suggest. Just had been hoping to aggregate. I see a fair number of other studies that do aggregate, though I think it is always FTEs rather than jobs. Is aggregating FTE's less problematic, or do the same cautions apply? Regarding contractors, so if the power industry(31) has 1000 jobs and $100k labor income and I know 30% are contractors (IT, etc) than 700 would be employees and 300 contractors, and the contract labor income would be in proprietor income? Thanks again.

Hi Ryan, Unfortunately the FTE's don't make any difference, they should still not be summing jobs across years, when you see that you are actually seeing someone misinterpreting/reporting the data, at least relative to IMPLAN studies. For all new construction your statement below is correct. Proprietor Income is that of contractors, for other operational Sectors contractors would be a part of Indirect effects. We seem to remember that you are working with transmission line construction, so in your case, assuming your project hasn't changed, you description is correct for your circumstances. Please let us know if you have any additional questions.