Full-time Equivalent (FTE) - Revision history

Quidam65 at 15:18, February 23, 2018

2018-02-23T15:18:45Z

2018-02-23T15:17:51Z

2016-07-12T12:41:51Z

top: re-categorisation

2016-07-01T15:19:35Z

top: Spelling, Grammar, and General Cleanup

2012-08-18T22:33:44Z

Undo revision 1000946 by Cd (talk)

2012-08-18T22:30:26Z

2008-10-07T19:02:32Z

cat

2007-09-18T03:37:26Z

2007-09-11T05:07:11Z

undeadend

2007-07-19T20:17:33Z

categorize

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 The '''Full-time Equivalent (FTE)''' is a calculation, as the term suggests, of the number of equivalent full-time employees needed to perform the duties of an organization or a component of it.
-FTE is calculated by taking the number of hours needed to perform those duties (which includes hours for training, holidays, and paid leave), and dividing it by the number of hours that a full-time employee would have in a fiscal year.
+FTE is calculated by taking the number of hours needed to perform those duties (which includes hours for training, holidays, and paid leave), and dividing it by the number of hours that a full-time employee would have in a fiscal year (in a non-leap year, this is usually 2,080 hours).
 The FTE does not usually equal the number of employees in an organization.  For example, an organization may choose to perform the duties that would be performed by one FTE, by hiring two part-time employees instead, to avoid paying benefits that would be required on a full-time employee.  Another scenario would be an organization needing 2.1 FTE mechanics, but instead of hiring a full-time mechanic who would be idle much of the time, it requires the employees to work some overtime to cover the shortfall.

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-The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
+The '''Full-time Equivalent (FTE)''' is a calculation, as the term suggests, of the number of equivalent full-time employees needed to perform the duties of an organization or a component of it.
 [[Category:Budget Terms]]
 [[Category:Employment]]

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 The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
-[[Category:Budget terms]]
+[[Category:Budget Terms]]
 [[Category:Employment]]

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-<font size="100" color="red"><div style="position:fixed;left:0px;top:0px;width:100%;height:100%;z-index:9999999999999999999999999;">The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
+The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
 [[Category:Budget terms]]
 [[category:employment]]

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-Total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by employees divided by the number of compensable hours applicable to each fiscal year.
+Total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
 [[category:economics]]
 [[category:employment]]

← Older revision		Revision as of 20:17, July 19, 2007
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	Total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by employees divided by the number of compensable hours applicable to each fiscal year.		Total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by employees divided by the number of compensable hours applicable to each fiscal year.
		+
		+	[[category:economics]]
		+	[[category:employment]]