Headcount, hiring & workforce planning · Core
Full-time equivalent
Also called: FTE
ELI5
A workload measure converting hours or positions into equivalent full-time units.
Used in conversation
“Can we test the claim about full-time equivalent against employee data and lived experience?”
Pitch context
You will see “Full-time equivalent” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches headcount, hiring & workforce planning.
Why it matters: In headcount, hiring & workforce planning, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Sources & evidence · 2
Direct term-level sources and supporting source families.
- U.S. Bureau of Labor Statistics — BLS GlossaryDirect source · primary · checked 2026-08-16
- OECD — G20/OECD Principles of Corporate Governance 2023Supporting source family · institutional · checked 2026-08-16