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> 25 FTEs is an incredible achievement, and you should be very proud. I know this is a stupid question, but I tried googling and it wasn't obvious... what does
by umvi 6y ago
> 25 FTEs is an incredible achievement, and you should be very proud.
I know this is a stupid question, but I tried googling and it wasn't obvious... what does FTE stand for? "Full Time Equivalent?" Does that mean they are paying for 25 full time employees?
- ddevault 6y agoFull-time employee, I presume.
- sgummaluri 6y agoYes, FTE means Full Time Emoloyee
- mkl 6y agoNot exactly, it's "Full Time Equivalent". If two employees are working half-time, together they make up 1 FTE, but not 1 full time employee (because there are two of them).
- Closi 6y agoI usually take it to mean full time equivalent... It usually means either 25 full time employees, or a number of part time and full time staff that equal the paid hours of 25 full time employees. e.g. 50 part time employees that work half the typical working week would be 25 fte
- airstrike 6y agoIt's full-time employee in this context, but if you ever need to search for an acronym definition again in the future try https://www.acronymfinder.com/FTE.html https://www.acronymfinder.com/FTE.html ;-)
- hckr_news 6y agoIn my line of work, its full time engineers.