HR Glossary for HR Professionals
Glossary of the most common HR terms and acronyms to assist professionals navigating the ever-growing and ever-changing world of HR terminology.
What is a Full-Time Employee?
A full-time employee is an employee who, for a calendar month, averages at least 30 hours per week or 130 hours of work per month.
For example, if Jane works 35 hours a week, or 140 hours in a month, Jane would be considered a full-time employee.
What is a full-time equivalent (FTE)?
How do you calculate FTEs?
To calculate FTEs at your organization, you total the number of hours paid during a given period divided by the number of working hours in that period.
Here’s what the equation looks like:
Hours paid in a given period/working hours in that period = FTE.
So, let’s say:
- Your organization runs on a typical 40-hour workweek
- You have 4 employees
- Jane works 40 hours a week
- Brian works 30 hours a week
- Travis and Katie each work 15 hours a week
To calculate your number of FTEs you would:
Add the total number of hours worked/paid
40 + 30 + 15 + 15 = 100
Divide by the number of hours in the work period
100 / 40 = 2.5
In this example, your organization would have 2.5 FTEs.
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