Definition: The Full Time Equivalent is a measure that allows the company to calculate the equivalent number of full-time employees it would have on a given period of time. In other words, it allows the company to unify all types of employees to understand how its payroll would look like ...
The meaning of FULL-TIME is employed for or involving full time. How to use full-time in a sentence.
Find the total hours worked by full-time employees. Add the two values. Divide the calculated total by the number of hours that a full-time equivalent works. The underlying period can be, for example, a day, a month or even a year. ...
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
FTE full-time equivalent can be used for planning upcoming projects and the total number of people to be scheduled for these tasks, both full-time or part-time. For example, if you have a project that is estimated to require 60 hours of work, you would need 60/40 or 1.5 FTEs to do...
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
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. ...
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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. ...
Origin ofmoment1 First recorded in 1300–50;Middle English, Middle French,fromLatinmōmentum“motion, cause of motion,” hence, “influence, importance, essential factor, moment of time,” frommovimentum(unattested), equivalent tomō-(variant stem of the verbmovēremove) +-mentum-ment ...