DEFINITIONS

Pherase

WTE

Entannian $.$

Cost Centre

Whole Time Equivalent $-1$ WTE $=37\mathrm{.}5$ hours of work per week. E$.$g$.$ Finance Placement Student working $0800-1600($less $30$ mins lunch$)$ Monday $-$ Friday $=1$ WTE

Account Code

The Department within the Hospital where costs and budgets are allocated, these will be managed by a Budget Holder

The type of spend budgeted and paid for. E$.$g$.$ Finance Placement student would be coded to A&C $-$ Band $2$

Bank

Non Permanent Staffing $-$ These staff have Hospital Contracts but book shifts on an ad$-$hoc basis, the hospital pays these as part of their payroll interface

Agency

Non Permanent Staffing $-$ These staff have contracts with External providers, their shifts are booked on an ad$-$hoc basis. The hospital pays the Agency who pays the individual

Contracted WTE

The WTE in a staff members contract e$.$g$.$ Finance placement student is $1$WTE

Worked WTE

The WTE worked by individual, this may be higher or lower than their contract depending on factors such as overtime or sickness