In Oracle Fusion HCM (Human Capital Management), FTE stands for “Full-Time Equivalent.” FTE is a standard unit of measure used to represent the total number of worked hours of a full-time employee. It is a way to express an employee’s working hours relative to a full-time employee’s standard working hours.

The FTE value is commonly used in workforce planning, budgeting, and resource allocation. It helps organizations understand the equivalent workload of their workforce, especially when dealing with employees who work part-time or have varying work hours.

For example:

• An employee who works 40 hours per week (the standard working hours for a full-time employee) has an FTE value of 1.0, indicating that they represent the equivalent workload of one full-time employee.
• An employee who works 20 hours per week has an FTE value of 0.5, indicating that they represent half the workload of a full-time employee.
• An employee who works 30 hours per week has an FTE value of 0.75, representing 75% of a full-time workload.

In Oracle Fusion HCM, the FTE value can be stored and managed as part of the employee’s assignment details. It is commonly used in HR reporting and analytics to understand the workforce composition and distribution of worked hours.

Using FTE values in Oracle Fusion HCM allows organizations to make informed decisions about workforce planning, staffing, and resource allocation, helping them optimize their human resources and align their workforce with business needs.