For Table 1, is the average FTE for the whole year for 2019?
Table 1 is used to calculate and document the:
- Cash compensation,
- Salary / hourly wage reduction
- FTE value (Avg number of hours worked per week during the Covered Period or Alternative Payroll Covered Period/40 ) *round answer to nearest tenth.
Only list employees that received compensation during your chosen period (Covered Period or Alternative Payroll Covered Period)
Table 1: List employees who:
- Were employed by the Borrower at any point during the Covered Period or the Alternative Payroll Covered Period whose principal place of residence is in the United States; and
- Received compensation from the Borrower at an annualized rate of less than or equal to $100,000 for all pay periods in 2019 or were not employed by the Borrower at any point in 2019.
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