Full-time equivalent

Full-time equivalent (FTE) is a ratio of employee hours worked each week. A percentage comparing the number of hours that an organization's part-time employees work to the number of hours that full-time employees work.

Definition

According to the HRBoK Guide,

Full-time equivalent (FTE). A ratio of employee hours worked each week. A percentage comparing the number of hours that an organization's part-time employees work to the number of hours that full-time employees work.