You will need to calculate your FTE employees. Use the following formula:
F + (A / B) = FTE
F = the number of NSW full-time employees on that date
A = the total number of hours worked in the preceding pay period by all NSW part time employees employed on that date
B = average number of hours worked in the preceding pay period by all NSW full time employees employed on that date
When calculating the number of FTE employees:
If you have different pay periods for various employees, you will need to choose and apply it consistently to all employees.
The Chief Commissioner of State Revenue may agree to a different or compromise method of calculating the number of FTE employees if it too difficult or costly to determine the exact figures.
To claim the rebate, you’ll need to lodge an online application for the payment, within 90 days after the first and/or second anniversary date of employment.