Difference between revisions of "Full-time Equivalent (FTE)"
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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]] | [[category:employment]] | ||
Revision as of 22:33, August 18, 2012
The Full-time Equivalent (FTE) is the 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.