Final answer:
The number of hours paid to a full-time employee during a designated time period, including payment of vacation or other benefit time, would best be called Full-time equivalent.
Step-by-step explanation:
The number of hours paid to a full-time employee during a designated time period, including payment of vacation or other benefit time, would best be called Full-time equivalent. The number of hours paid to a full-time employee during a designated time period, including payment of vacation or other benefit time, would best be called Full-time equivalent.
This term refers to the total hours worked by a full-time employee, taking into account any additional paid time off or benefits. For example, if a full-time employee works 40 hours per week and receives 2 weeks of vacation time, the full-time equivalent would be 2,080 hours (40 hours/week x 52 weeks/year + 80 hours of vacation time).