FTE, or Full-Time Equivalency Sample Clauses
The FTE, or Full-Time Equivalency, clause defines how the work effort of personnel is measured by converting part-time or variable work hours into a standardized full-time equivalent unit. This clause typically specifies that a certain number of hours per week or month constitutes one FTE, allowing for consistent calculation of staffing levels regardless of individual work schedules. By standardizing labor measurement, the clause ensures clarity in resource allocation, budgeting, and performance tracking, thereby preventing misunderstandings about staffing commitments and obligations.
FTE, or Full-Time Equivalency. 27 The number of hours an employee is normally scheduled to work per week divided by 28 forty (40). For example, the FTE for a forty (40) hour employee is 1.0; for a twenty (20) hour 29 employee, .5.