Interview: Utilization Rates

There is a report that can be run in Standard TimeĀ® that tells how much money you’re making per scheduled work hour.

Such a report is called a Utilization Report.

A utilization report contains several things:

  1. The number of scheduled hours for the given time period
  2. The percentage of billable hours for each employee, for that same time period
  3. The effective billing rate for each employee

With such information, you can tell which employees are making the most revenue for your organization.

Take a look at this video for more info.