FTE: full time equivalence

You are the manager of an Obstetrics unit at your organization. Due to a significant increase in deliveries, you feel that you will need to add an additional 2 RNs on the day shift; 2 RNs on the evening shift and 1 RN on the night shift. The annual salary for these RNs is $75,000 per FTE. The benefit cost for insurance, social security, etc. is a total of $15,000 per FTE. Along with the addition of the RNs, you as the manager decided it would be of benefit to have 8 hours per day of coverage of a Unit Secretary. He/she will have a salary of $40,000 plus $10,000 in benefits. Each employee will get a total of 256 hours of PTO per year. 1 How many FTEs will it take to cover the additional RN positions on each shift? 2 How many FTEs will it take to cover the new position of the Unit Secretary? 3 How much will the additional RNs cost per year including benefits? 4 How much will the additional USs cost per year including benefits? 5 What will be the total cost to the budget for all of the positions including benefits? Please show your work.