Annual volume of work in FTE

The annual volume of work in full-time equivalent (FTE) measures employees’ average actual paid workload, taking into account the number of days paid during the year and the proportion of full-time hours worked. For example, an employee working for six months at 80% has an annual volume of work of 0.5 × 0.8 = 0.4 FTE.

The annual volume of work in full-time equivalent (FTE) can be used to break down annual wage income into its two components: net wage in FTE and annual volume of work in FTE.