Full-time equivalent (FTE) is a way to measure a worker's involvement in a project, or a student's enrollment at an educational institution.[@more@]
An FTE of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the worker is only half-time.
Typically, different scales are used to calibrate this number, depending on the type of institution (schools, industry, research) and scope of the report (personnel cost, productivity).
from http://en.wikipedia.org/wiki/Full-time_equivalent
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