Full-time equivalent (FTE)
- Content Team
- April 1, 2024
Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!
Full-time equivalent refers to a unit which indicates the workload of an employed person in a way that makes workloads comparable across various contexts
Full-time equivalent definition (FTE)
Full-time equivalent refers to a unit which indicates the workload of an employed person in a way that makes workloads comparable across various contexts. It allows companies to standardize salaries by finding an equivalent salary between the part-time and those working full-time.
The figure 1.0 refers to one employee working full-time while the figure 0.5 refers to an employee that works half full-time hours.
Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!