fte in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
FTE, or Full-Time Equivalent, refers to a unit that represents the workload of an employed person in a way that makes workloads comparable across various contexts, often used to measure staffing levels or budgetary costs.
Sample Sentences
- The company decided to hire two additional FTEs to meet the growing demand for their services.
- When calculating the budget, we need to consider the costs associated with each FTE.
- The project manager reported that the team was operating at full capacity with its current FTE allocation.
- In order to improve efficiency, they evaluated the productivity of each FTE in the department.
- To optimize resource management, the organization implemented a new system for tracking FTE hours.
- An increase in FTEs can lead to improved project outcomes and faster delivery times.
- The finance team is currently analyzing the FTE data to determine staffing needs for the upcoming year.
- To ensure compliance, the company must accurately report its FTE count to regulatory authorities.
- Many organizations are shifting towards a flexible workforce, reducing the reliance on traditional FTE models.
- Tracking FTEs helps management understand the true cost of labor and resource allocation.