Full-time equivalent

Full-time equivalent describes the labour input of a person converted to a full-time employee. All paid hours (regular working hours+overtime hours) of an enterprise (corporation) are divided by the average paid hours of full-time wage and salary earners in the enterprise (corporation).

Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus

Related concepts