Full-time equivalent (FTE) is a unit that indicates the workload of an employed person (or student) in a way that makes workloads comparable across various contexts. FTE is often used to measure a worker's involvement in a project, or to track cost reductions in an organization. An FTE of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the worker is only half-time.
Read more about Full-time Equivalent: U.S. Federal Government, FTEs in Education
Famous quotes containing the words full-time and/or equivalent:
“Friendship is a pretty full-time occupation if you really are friendly with somebody. You can’t have too many friends because then you’re just not really friends.”
—Truman Capote (1924–1984)
“Nobody can deny but religion is a comfort to the distressed, a cordial to the sick, and sometimes a restraint on the wicked; therefore whoever would argue or laugh it out of the world without giving some equivalent for it ought to be treated as a common enemy.”
—Mary Wortley, Lady Montagu (1689–1762)