Full-Time Equivalent
Full-time equivalent (FTE) is the number of full-time hours worked by full-time and part-time staff.
To calculate the FTE, divide a worker’s scheduled hours by the organization’s hours for a full-time week. Say, for example, an employer’s workweek is 40 hours, employees who work 40 hours per week are 1.0 FTEs. And staff working 20 hours per week are 0.5 FTEs.