Will HumphreysVirtual Assistant & Healthcare Recruiting Expert

Full Time Equivalent

Name: Full Time Equivalent
Uploaded: 2023-02-10T07:00:02+00:00
Duration: 28 s
Channel: Will Humphreys
Description: Will Humphreys explains how companies use full time equivalent (FTE) to measure employee contribution. A person working 20 hours counts as 0.5 FTE, while…

10 Feb 2023 · 0 min

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0:28

Will Humphreys explains how companies use full time equivalent (FTE) to measure employee contribution. A person working 20 hours counts as 0.5 FTE, while someone at 40 hours is 1.0 FTE. Headcount and FTE aren't the same thing.

Full time equivalent. And this is the metric we use to measure what one employee exchanges in the company. So, for example, we don't have, not everyone who works for us is full time. And one person works 20 hours and the worst person works 40 hours. So one person does not fully represent a full time equivalent just because they're a human. One human being. This is the only time actually in business when I look at the eating of people as more of a numbers game than a human game.