FacultyThe UW-Madison faculty consists of all persons with instructional, research and service responsibilities who hold the rank of professor, associate professor, assistant professor, or instructor with at least a one-half time appointment with UW-Madison, or a full-time appointment held jointly between UW-Madison and UW-Extension.
SOURCE: Faculty Policy and Procedures 1.02.A
FCOI (Financial Conflict of Interest)
A Financial Conflict of Interest (FCOI) is a significant financial interest in an entity that could directly and significantly affect the design, conduct, or reporting of federally-funded or human subjects research.
Full-time equivalent. A way of counting the number of staff or positions.
FTE (Full Time Equivalent) and HeadcountThere are two basic ways that we count the number of employees. When we use headcount, each individual person counts as one employee whether their appointment is full time or part time. When we use "FTE," we are using the "Full Time Equivalent."
The Full Time Equivalent is the total of all positions using the percentage of the appointment rather than the number of individual employees. This is what the headcount looks like for the same employees using each measure:
Employee A - .5 appointment
Employee B - 1.0 appointment
Employee C - .6 appointment
Employee D - .4 appointment
Using Headcount, there are 4 employees
Using FTE, there are 2.5 employees (.5 + 1 + .6 + .4 = 2.5)