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Full-time Equivalent
Full-time equivalent (FTE), or whole time equivalent (WTE), is a unit of measurement that indicates the workload of an employed person (or student) in a way that makes workloads or class loads comparable across various contexts. FTE is often used to measure a worker's or student's involvement in a project, or to track cost reductions in an organization. An FTE of 1.0 is equivalent to a full-time worker or student, while an FTE of 0.5 signals half of a full work or school load. In government United States According to the federal government of the United States, FTE is defined by the Government Accountability Office (GAO) as the number of total hours worked divided by the maximum number of compensable hours in a full-time schedule as defined by law. For example, if the normal schedule for a quarter is defined as 411.25 hours ( 5 hours per week × (52 weeks per year – 5 weeks' regulatory vacation)/ 4), then someone working 100 hours during that quarter represents 100/411.25 = ...
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Unit Of Measurement
A unit of measurement, or unit of measure, is a definite magnitude (mathematics), magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. Any other quantity of that kind can be expressed as a multiple of the unit of measurement. For example, a length is a physical quantity. The metre (symbol m) is a unit of length that represents a definite predetermined length. For instance, when referencing "10 metres" (or 10 m), what is actually meant is 10 times the definite predetermined length called "metre". The definition, agreement, and practical use of units of measurement have played a crucial role in human endeavour from early ages up to the present. A multitude of System of measurement, systems of units used to be very common. Now there is a global standard, the International System of Units (SI), the modern form of the metric system. In trade, weights and measures are often a su ...
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Equivalent Full-Time Student Load
Equivalence or Equivalent may refer to: Arts and entertainment *Album-equivalent unit, a measurement unit in the music industry *Equivalence class (music) *''Equivalent VIII'', or ''The Bricks'', a minimalist sculpture by Carl Andre *''Equivalents'', a series of photographs of clouds by Alfred Stieglitz Language *Dynamic and formal equivalence in translation *Equivalence (formal languages) Law *The doctrine of equivalents in patent law *The equivalence principle as if impacts on the direct effect of European Union law Logic *Logical equivalence, where two statements are logically equivalent if they have the same logical content *Material equivalence, a relationship where the truth of either one of the connected statements requires the truth of the other Science and technology Chemistry *Equivalent (chemistry) *Equivalence point *Equivalent weight Computing *Turing equivalence (theory of computation), or Turing completeness *Semantic equivalence in computer metadata Economic ...
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Equivalent Units
Equivalence or Equivalent may refer to: Arts and entertainment *Album-equivalent unit, a measurement unit in the music industry * Equivalence class (music) *'' Equivalent VIII'', or ''The Bricks'', a minimalist sculpture by Carl Andre *'' Equivalents'', a series of photographs of clouds by Alfred Stieglitz Language * Dynamic and formal equivalence in translation * Equivalence (formal languages) Law *The doctrine of equivalents in patent law *The equivalence principle as if impacts on the direct effect of European Union law Logic *Logical equivalence, where two statements are logically equivalent if they have the same logical content * Material equivalence, a relationship where the truth of either one of the connected statements requires the truth of the other Science and technology Chemistry * Equivalent (chemistry) * Equivalence point * Equivalent weight Computing * Turing equivalence (theory of computation), or Turing completeness * Semantic equivalence in computer metad ...
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Education Economics
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for individuals, the field of the economics of education has grown rapidly to cover virtually all areas with linkages to education. Education as an investment Economics distinguishes in addition to physical capital another form of capital that is no less critical as a means of production – human capital. With investments in human capital, such as education, three major economic effects can be expected: * ''increased expenses'' as the accumulation of human capital requires investments just as physical capital does, * ''increased productivity'' as people gain characteristics that enable them to produce more output and hence * '' return o ...
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Business Terms
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Cor ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Part-time Student
A part-time student is a non-traditional student who pursues higher education, but will attend fewer class hours per semester than a full-time student, taking more years to complete their qualification; this is typically done after reaching adulthood, while living off-campus, and will often be done while carrying out responsibilities related to family and/or employment. Part-time student status is based on taking fewer course credits in a semester than full-time students. Part-time students may choose to pursue part-time studies for a variety of different reasons. A benefit of pursuing higher education as a part-time student is the opportunity to be able to balance learning with work, family and other personal commitments. Not every program will have the option for part-time students to enroll. The selection of programs that are available in a part-time format will vary depending on the institution. There is a lack of existing research that examines the experiences of part ...
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European Credit Transfer And Accumulation System
The European Credit Transfer and Accumulation System (ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the European Union and other collaborating European countries. For successfully completed studies, ECTS credits are awarded. One academic year corresponds to 60 ECTS credits that are normally equivalent to 1500–1800 hours of total workload, irrespective of standard or qualification type. ECTS credits are used to facilitate transfer and progression throughout the Union. ECTS also includes a standard ECTS grading scale, grading scale, intended to be shown in addition to local (i.e. national) standard grades. Current systems See also * Educational policies and initiatives of the European Union * Bologna Process * European Higher Education Area * ECTS grading scale * Carnegie Unit and Student Hour * Erasmus Programme * Academic mobility Refe ...
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Academic Journals
An academic journal (or scholarly journal or scientific journal) is a periodical publication in which scholarship relating to a particular academic discipline is published. They serve as permanent and transparent forums for the dissemination, scrutiny, and discussion of research. Unlike professional magazines or trade magazines, the articles are mostly written by researchers rather than staff writers employed by the journal. They nearly universally require peer review for research articles or other scrutiny from contemporaries competent and established in their respective fields. Academic journals trace their origins back to the 17th century. , it is estimated that over 28,100 active academic journals are in publication, with scopes ranging from the general sciences, as seen in journals like ''Science'' and ''Nature'', to highly specialized fields. These journals publish a variety of articles including original research, review articles, and perspectives. Content Content ...
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Workload
The term workload can refer to several different yet related entities. An amount of labor An old definition refers to workload as the amount of work an individual has to do.Jex, S. M. (1998). Stress and job performance: Theory, research, and implications for managerial practice. Thousand Oaks, CA: Sage. There is a distinction between the actual amount of work and the individual's perception of the workload. To distinguish the two types, the term 'mental workload' (MWL) is often preferred, clearly indicating the latter type, which refers to the workload experienced by a human, regardless of the task's difficulty. This is because the same underlying task might generate two distinct mental responses and experiences, thus, different cognitive load amounts, even if executed by the same person. Many definitions of mental workload have been proposed in the years. A more recent and operational definition is that "Mental workload (MWL) represents the degree of activation of a finite poo ...
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Performance Indicator
A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. KPIs provide a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most. Often success is simply the repeated, periodic achievement of some levels of operational goal (e.g. zero defects, 10/10 customer satisfaction), and sometimes success is defined in terms of making progress toward strategic goals. Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. What is deemed important often depends on the department measuring the performance – e.g. the KPIs useful to finance will differ from the KPIs assigned to sales. Since there is a need to understand well what is important, various technique ...
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Indeed
Indeed, Inc. is an American worldwide employment website for job listings launched in November 2004. It is an independent subsidiary of multinational company Recruit Holdings. It is headquartered in Austin, Texas, and Stamford, Connecticut, with additional offices around the world. As a single topic search engine, its central functionality is also an example of vertical search. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com surpassed Monster.com to become the highest-traffic job website in the United States. The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. It generates revenue by selling premium job posting and resume features to employers and companies hiring. In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site and offering resume posting and storage. History Indeed was cofounded by Paul Forster and ...
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