<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RDOm7uyuCKhvuGGPF0usp02">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RDDqZT9xNC4I7mH402nrpml"/>
  <rdfs:label>Work Utilization</rdfs:label>
  <skos:altLabel>Timekeeper Utilization Rate</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RCIQtHHdQl861KZaBklud18"/>
  <skos: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.</skos:definition>
</owl:Class>