Full-time equivalent (FTE) is a unit that indicates the workload of an employed person (or student) in a way that makes workloads comparable across various contexts. FTE is often used to measure a worker's involvement in a project, or to track cost reductions in an organization. An FTE of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the worker is only half-time.
Read more about Full-time Equivalent: U.S. Federal Government, FTEs in Education
Famous quotes containing the words full-time and/or equivalent:
“Friendship is a pretty full-time occupation if you really are friendly with somebody. You can’t have too many friends because then you’re just not really friends.”
—Truman Capote (1924–1984)
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—Ice-T [Tracy Marrow], U.S. rap musician. Observer (London, Oct. 27, 1991)