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Full Time Equivalent (FTE)
Full Time Equivalent (FTE)
One FTE is 2,080 hours of paid employment. The number of FTEs is derived by summing the total number of hours (for which included categories of employees) are paid by the appropriate categories of employees and dividing by 2,080 hours (one work-year). Appropriate categories include, but are not limited to, overtime hours, hours for full-time permanent employees, temporary employees, and intermittent employees who may not have been paid for an entire reporting period. FSIDQ Team. The number of full-time employees it would take to work the total number of hours worked by all employees during a specific reporting period, regardless of schedules. Operating Manual, The Standard Form 113, Summary Data Reporting System, OPM Web site, December 1998.
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