FTE refers to Full Time Equivalent and is based on how many days a week a person works.

For example, if an employee works 5 full days per week, their FTE is 5 working days / 5 weekdays = 1.0 FTE.

Whereas, if an employee works 3 full days per week, the FTE is 3 working days / 5 weekdays= 0.6 FTE.