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- FTE
FTE - Full-Time Equivalent
Full-Time Equivalent (FTE) is a metric used to measure the workload of employees and convert part-time work hours into a standard full-time workload. FTE allows organizations to assess workforce capacity, resource allocation, and budgeting. For example, two part-time employees working 20 hours each may be considered equivalent to one FTE employee working 40 hours. This metric helps organizations effectively manage staffing levels and evaluate productivity.