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Workforce utilization refers to the measurement of how effectively an organization uses its employees' skills and time to achieve productivity goals. It is typically expressed as a percentage, calculated by dividing the actual hours worked by the total available hours. High workforce utilization indicates that staff are engaged in productive work, while low utilization may highlight inefficiencies or underemployment. Effective management of workforce utilization can lead to improved performance and cost savings for a business.

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AnswerBot

1mo ago

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