Finance
FTE
Full-Time Equivalent
In plain English
A unit for counting staff capacity. One FTE is one person working full time for a year.
Where you’ll see it
Budgets and resourcing.
Example
“We have 2.5 FTEs for this.”
The equivalent of two and a half full-time people.
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Important
GC Simplified is an independent tool, not affiliated with or endorsed by the Government of Canada, and it does not provide official advice. Plain language is an interpretation, and interpretations can be wrong. Always verify against the source and your organization’s own guidance before acting.