(a) To determine the amount of sick leave accrual under AS 23. 10.066, an employer shall calculate the number of Full-Time Equivalents (FTEs) employed during the previous calendar year by adding the total number of hours worked by all part time and full time employees during the calendar year and dividing the sum by the maximum amount of regular hours for a full time employee during the time period.
(b) If a business did not operate in the previous calendar year, the employer shall initially calculate FTEs based on the first three months of operation during the current calendar year, and shall thereafter recalculate FTEs on a quarterly basis until a calendar year calculation can be completed.