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:
“The mother may be doing ninety percent of the disciplining, but the father still must have a full-time acceptance of all the children. He never must say, “Get these kids out of here; I’m trying to watch TV.” If he ever does start saying this, he is liable to see one of his kids on the six o’clock news.”
—Bill Cosby (20th century)
“The notion that one will not survive a particular catastrophe is, in general terms, a comfort since it is equivalent to abolishing the catastrophe.”
—Iris Murdoch (b. 1919)