What is FTE in software industry?
When working on the budget and personnel resources for a project, you’ll likely come across the term FTE. FTE stands for “full-time equivalent.” It refers to the number of hours worked by a single employee in a week. Or you could allocate work to 12 full-time and one part-time resource for five days.
What does FTE stand for in work?
full-time equivalent
The calculation of full-time equivalent (FTE) is an employee’s scheduled hours divided by the employer’s hours for a full-time workweek. When an employer has a 40-hour workweek, employees who are scheduled to work 40 hours per week are 1.0 FTEs. Employees scheduled to work 20 hours per week are 0.5 FTEs.
What does FTE 100% mean?
A 100% FTE is the same as a 1.0 FTE — it may point to one person working a full-time schedule or several people fulfilling the duties of 1 full-time position. In one company, a full-time schedule may be 40 hours per week. In another, it may be 37.5 hours per week.
What does FTE mean in terms of payroll?
FTE stands for full-time equivalent (not full-time employee) and translates the total hours worked by part-time employees into the number of equivalent full-time employees. Tracking FTE is a typical way employers monitor employees’ workloads so future budgeting and staffing can be properly planned for.
What does FTE stand for in pistol?
1. FTE. Fail To Eject. gun, military, pistol. FTE. Fail To Extract. forum, military, gun. gun, military, pistol. forum, military, gun.
What does FTE or full-time equivalent mean?
Full-time equivalent ( FTE ), or whole time equivalent ( WTE ), is a unit that indicates the workload of an employed person (or student) in a way that makes workloads or class loads comparable across various contexts. FTE is often used to measure a worker’s or student’s involvement in a project, or to track cost reductions in an organization.
What does FTE stand for in aviation?
FTE – Flight Training Europe, Jerez. FTO – Flight Training Organisation. G. G – G-force. GA – General Aviation. G/A – Go Around. GAPAN – The Guild of Air Pilots & Air Navigators. GC – Great Circle. GE – General Electric. GENDEC – General Decleration. GH – General Handling. GI – Ground Instructor. GND – Ground