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.
  
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[[category:economics]]
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[[Category:Budget terms]]
 
[[category:employment]]
 
[[category:employment]]

Revision as of 19:02, October 7, 2008

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.