# Work Utilization

**IRI:** https://folio.openlegalstandard.org/RDOm7uyuCKhvuGGPF0usp02

## Labels

**Alternative Labels:**

- Timekeeper Utilization Rate

## Definition

Utilization is a metric often used in service industries to measure the percentage of a professional's working hours that are engaged in revenue-generating activities (billable). It is calculated by dividing the billable hours by the total available working hours. Utilization it usually expressed as a percentage, used to assess individual, team, or workforce efficiency and capacity utilization.

## Sub Class Of

- https://folio.openlegalstandard.org/RDDqZT9xNC4I7mH402nrpml

## See Also

- https://folio.openlegalstandard.org/RCIQtHHdQl861KZaBklud18

**Deprecated:** False

