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The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
The '''Full-time Equivalent (FTE)''' is the total number of regular straight-time hours (i.e., not including overtime or holiday hours) worked by [[employee]]s divided by the number of compensable hours applicable to each fiscal year.
[[Category:Budget terms]]
[[Category:Budget Terms]]
[[Category:Employment]]
[[Category:Employment]]