What is 'full-time equivalent' in SAP LOD-SF - SAP SuccessFactors?

full-time equivalent - Overview

• Component: LOD-SF

• Component Name: SAP SuccessFactors

• Description: A unit that shows the agreed working hours of an employee as a proportion of the standard working hours for the company. One full-time equivalent FTE corresponds to one employee working full-time.

full-time equivalent - Details

• 
  Key Concepts: 
  Full-time equivalent (FTE) is a measure of the amount of work done by an employee or group of employees in a given period of time. It is calculated by dividing the total number of hours worked by the number of hours that would be considered full-time work. For example, if an employee works 40 hours per week, their FTE would be 1.0. 
  
  How to use it: 
  In SAP SuccessFactors, FTE is used to measure the amount of work done by an employee or group of employees in a given period of time. It is calculated by dividing the total number of hours worked by the number of hours that would be considered full-time work. This information can then be used to determine how much an employee should be paid, or how many employees are needed to complete a certain task. 
  
  Tips & Tricks: 
  When calculating FTE, it is important to take into account any overtime or part-time hours worked. This will ensure that the FTE calculation is accurate and reflects the actual amount of work done by the employee or group of employees. 
  
  Related Information: 
  FTE can also be used to measure the productivity of a team or organization. By tracking FTE over time, it is possible to identify areas where productivity can be improved and make changes accordingly. Additionally, FTE can be