full time equivalent (FTE)

Definition

The ratio of the total number of paid hours during a period (part time, full time, contracted) by the number of working hours in that period Mondays through Fridays.

The ratio units are FTE units or equivalent employees working full-time. In other words, one FTE is equivalent to one employee working full-time.

For example: You have three employees and they work 50 hours, 40 hours, and 10 hours per week - totaling 100 hours. Assuming a full-time employee works 40 hours per week, your full time equivalent calculation is 100 hours divided by 40 hours, or 2.5 FTE.

单词	full time equivalent (FTE)
释义	full time equivalent (FTE) Definition The ratio of the total number of paid hours during a period (part time, full time, contracted) by the number of working hours in that period Mondays through Fridays. The ratio units are FTE units or equivalent employees working full-time. In other words, one FTE is equivalent to one employee working full-time. For example: You have three employees and they work 50 hours, 40 hours, and 10 hours per week - totaling 100 hours. Assuming a full-time employee works 40 hours per week, your full time equivalent calculation is 100 hours divided by 40 hours, or 2.5 FTE.
随便看	employee relations employee retention Employee Retirement Income Security Act (ERISA) Employee Retirement Income Security Act (ERISA) liability employee selection employee self-service (ESS) Employees Provident Fund employee stock option plan employee stock ownership plan (ESOP) employees trust employee survey employee training employee trust employee utilization employee verification service (EVS) employee welfare benefit plan employer assisted housing employer contribution employer discretionary contribution Employer Identification Number (EIN) employer interference employers' association employer's liability employer's liability insurance employer's non-ownership liability insurance