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. | 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 | + | [[Category:Budget Terms]] |
[[Category:Employment]] | [[Category:Employment]] | ||
Revision as of 12:41, July 12, 2016
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.