Full-Time Equivalant (FTE)

Full-time equivalent (FTE) is a measure of the amount of time that a person spends working in a given period. It is often used to measure the amount of time someone spends working in a week, month, or year.

FTE can be calculated by dividing the total number of hours worked in a week by the number of hours in a full-time work week. For example, if someone works 30 hours in a week, their FTE would be 30 hours divided by 40 hours, or 0.75.

FTE can also be calculated by dividing the total number of hours worked in a month by the number of hours in a full-time work month. For example, if someone works 120 hours in a month, their FTE would be 120 hours divided by 160 hours, or 0.75.

FTE can also be calculated by dividing the total number of hours worked in a year by the number of hours in a full-time work year. For example, if someone works 1,560 hours in a year, their FTE would be 1,560 hours divided by 2,080 hours, or 0.75.