Companies must have between 6 and 150 “full-time equivalent employees” in 2023 to qualify for the award. To determine “full-time equivalent” for purposes of this award, consider the following:

  • An employee qualifies as full-time if working 21-40 hours/week (this amounts to 1 FTE)
  • An employee qualifies as part-time if working 20 hours/week (you would then count each employee as 1/2 an FTE).
  • An alternative way to calculate FTEs is to annualize this figure. This approach is ideal if seasonal employees do not work a full calendar year or work less than 20 hours per week (base the annualized figure on 2,080 hours/year, which is 1 FTE).
  • If you provide staffing services or use contract employees, these personnel should be listed in the “Leased Worker” and “Contract Worker” sections. Note that leased and contract workers do not count toward eligibility.