R357-1-5. Employees

  (1) When counting FTEs, if an FTE has its employment with Applicant terminated for any reason before completion of the applicable Rural Fast Track Disbursement Period, another employee otherwise meeting the requirements described above may be promptly hired to fill the terminated FTE's position and complete the year of qualifying full-time employment. In such case, applicant and the office would count the combined contribution of these two (2) full time employees as one (1) FTE.

  (a) A replacement employee must be hired within 60 days of the first employee's termination date for the position to remain qualifying for FTE purposes during a given Rural Fast Track Disbursement Period.

  (2) At the time of application, the ORD Business Analyst shall establish the company's baseline employment number.

  (a) The baseline employment number is the highest total number of Full Time Employees at any time during the previous 24 month period.

  (3) A new incremental job may be filled by an existing employee if a new employee fills the position vacated by the current employee.

  (4) Applicant Company must demonstrate at least one new incremental job above the baseline through documentation provided by the Department of Workforce Services.