Full-time Equivalent (FTE)

Full-time Equivalent (FTE) is a unit of measurement that standardizes the workload of employees by converting part-time, full-time, or temporary work hours into a full-time schedule equivalent. Typically, one FTE represents the total hours a full-time employee works over a specific period, usually 40 hours per week. This metric is useful for comparing workloads across different contexts and managing staffing levels efficiently.