FTE
Americanabbreviation
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full-time employee; full-time employment.
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full time equivalent: the calculated proportion of work for any employee or position expressed as a percentage of the number of hours standard for an equivalent full-time job.
I only work 10 hours a week, so I’m .25 FTE.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
FTE hours are units of measure that help a company chronicle all of the work it is paying for.
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When a company understands its FTE, it can make important calculations on that basis.
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For instance, if a company has been working on 10 projects while having 400 FTE hours each week, then it will know that it needs close to 500 FTE hours if it’s going to take on 12 equivalent projects the next week.
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When a company knows its FTE hours, it can apportion its hiring budget according to its particular needs.
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How should one calculate FTE hours?
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.