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:
“Keeping up with the Joneses was a full-time job with my mother and father. It was not until many years later when I lived alone that I realized how much cheaper it was to drag the Joneses down to my level.”
—Quentin Crisp (b. 1908)
“Nobody can deny but religion is a comfort to the distressed, a cordial to the sick, and sometimes a restraint on the wicked; therefore whoever would argue or laugh it out of the world without giving some equivalent for it ought to be treated as a common enemy.”
—Mary Wortley, Lady Montagu (1689–1762)