Full-Time Equivalent (FTE)

A unit that expresses a workload as a fraction of a full-time schedule.

Full-Time Equivalent (FTE) measures headcount by hours rather than people. One FTE equals one full-time schedule; two people each working half-time also equal 1.0 FTE. Companies use it for budgeting and planning.

In job listings, "0.5 FTE" signals a part-time role. It's worth clarifying the exact weekly hours, since a "full-time" week varies between countries and companies.