Definition - What does FTE (Full Time Equivalent) mean?
Full-Time Equivalent (FTE) refers to the unit of measurement equivalent to an individual – worker or student – one unit of a work or school day, applicable in a variety of contexts. In most cases, full-time equivalents measure an employee or student and/or their workload.
SureHire explains FTE (Full Time Equivalent)
Typically 1.0 is the FTE representation of an individual’s full work/school day, while 0.5 would indicate half of the original figure, generally in reference to the workday. In reference to an individual, 0.5 usually refers to the fact that the worker renders less than a full day of work or the student attends less than a full day of classes.