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Full-time equivalent (FTE), or whole time equivalent (WTE), is a unit of measurement that indicates the workload of an employed person (or student) in a way that makes workloads or class loads comparable across various contexts. [1]
The definition by the employer can vary and is generally published in a company's Employee Handbook. Companies commonly require from 32 to 40 hours per week to be defined as full-time and therefore eligible for benefits. Full-time status varies between company and is often based on the shift the employee must work during
Full-time equivalent, the total hours contracted to a group of employees, divided by the hours worked by a full-time employee Government and non-profit organisations [ edit ]
Full-time mother, a woman whose work is running or managing her family's home; Full-time father, a father who is the main caregiver of the children and is generally the homemaker of the household; Full-time equivalent, a unit that indicates the workload of an employed person or student; Full-time (sports), the end of the game; Full Time, a 2021 ...
DIFOT – Delivery in full on time, a variant of On Time In Full; ... FTE – Full-Time Equivalent; ... $225K would be understood to mean $225,000, and $3.6K would be ...
Count each such employee as 1/2 of a full-time equivalent. Total the hours worked by each employee and divide by the employer's standard hours of full-time employment (which must be at least 35 hours). An employee who works more than 40 hours a week cannot be counted as more than one full-time equivalent. [1]
FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including:
Some countries use only the full-time working population for the calculation of national gender gaps. [22] [23] Others are based on a sample from the entire working population of a country (including part-time workers), in which case the full-time equivalent (FTE) is used to obtain the remuneration for an equal amount of paid hours worked.