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:
“Some days your hat’s off to the full-time mothers for being able to endure the relentless routine and incessant policing seven days a week instead of two. But on other days, merely the image of this woman crafting a brontosaurus out of sugar paste and sheet cake for her two-year-old’s birthday drives a stake through your heart.”
—Melinda M. Marshall (20th century)
“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)