The Full Time Equivalent ratio helps the company assess its actual employment figure by adding all hours paid to its employees (full-time, part-time, or any other) and dividing them by the number of hours that a full-time employee should work in that given period. The results will reflect...
Now, Lisa is a full-time employee, so she is 1.0 full-time equivalents (FTEs). Jack, Leva, and Julia don’t work full 40 hours a week, and to calculate the full-time equivalent of the hours they work, you have to divide each employee’s work hours by the company’s hours for a...
Full-time equivalent, or FTE, measures the total amount of full-time employees working at any one organisation. It is a way of adding up the hours of full-time, part-time and various other types of employees into measurable 'full-time' units. ...
The meaning of FULL-TIME is employed for or involving full time. How to use full-time in a sentence.
The meaning of FULL-TIME is employed for or involving full time. How to use full-time in a sentence.
Related to full-time: Full-time equivalentfull-time (fo͝ol′tīm′) adj. Employed for or involving a standard number of hours of working time: a full-time administrative assistant. full′-time′ adv. full′-tim′er n. American Heritage® Dictionary of the English Language, Fifth Edition...
Define Full Time Equivalent Hours. means the annual average straight-time hours of actual work, including paid rest periods; but excluding any meal periods; any overtime; any time in relation to any Statutory Holiday or day in lieu; and/or any “deemed w
Define Full-time equivalent (FTE) employees. means the number of employees the employer would have if the employers work needs were satisfied by employees working 40 hours per work week. The number of full-time equivalent employees for any employer is ca
full time equivalent(FTE) the equivalent of one full time staff member; a total number of full time equivalents is planned for in making budget allocations. A combination of part time staff members can be used to equal one full time equivalent. ...
Full-Time Student (redirected fromFull Time Students) A person who takes more than 12 credit hours, or the equivalent, at a post-secondary institution in a school term. A full-time student is eligible for certaintax advantages, as is a parent, if he/shefinanciallysupports the student. ...