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Headcount counts people rather than cost. The basis matters: whether contractors, part-timers and unfilled roles are included changes the figure, so the definition has to be stated before the number means anything.
Full-time equivalent is the companion measure, converting part-time staff into whole-person units. Headcount answers how many people there are; FTE answers how much capacity they represent.
FTE = Total contracted hours ÷ Standard full-time hours
Two half-time staff are two headcount but one FTE.
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Employee Management
People & Payroll runs on this vocabulary every day in AWRA OpsHub — 16 of our 257 glossary terms describe things the platform actually does.