Which of the following best defines the term full-time equivalent (FTE)?
A) The number of hours paid to a full-time employee during a designated time period, including payment of vacation or other benefit time
B) The productive hours paid to a full-time employee equivalent to one caseload in a particular setting
C) The volume of work produced by one full-time employee who is meeting established productivity expectations
D) The number of hours used to determine if a full-time employee has reached "exempt" status and must be paid overtime

Question

Quizplus · Accepted Answer

The term full-time equivalent (FTE) refers to the number of hours paid to a full-time employee during a designated time period, including payment for vacation or other benefit time. This measurement helps organizations understand their labor costs and workforce needs by standardizing the work effort across different employment types.

Which of the Following Best Defines the Term Full-Time Equivalent