Full-time Equivalent (FTE) Position

What is Full-time Equivalent (FTE) Position?

Full-time Equivalent (FTE) Position meaning in finance terminology / glossary / dictionary is:
Full-time equivalent (FTE) position in the classified service of state government. One full-time equated position is based on 2,080 work hours (26 two-week pay periods times 80 hours).

 

reference: VERMONT AGENCY OF ADMINISTRATION Department of Finance and Management

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