Full-time equivalent
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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.
