Employee - field: "Target Utilization" - what is the meaning and how it functions?

AI generated answer (using internal Slack threads):

The "Target Utilization" field in an Employee record in NetSuite is typically used in project management and resource allocation scenarios. It represents the percentage of an employee's total working hours that should be allocated to billable tasks or projects. For example, if an employee's Target Utilization is set to 80%, this means that 80% of their working hours should be spent on billable tasks, while the remaining 20% can be used for non-billable tasks such as administrative work, training, etc. The Target Utilization field can be used in various ways within NetSuite. For instance, it can be used in saved searches or reports to identify employees who are under or over their target utilization, which can help in making decisions about resource allocation. It can also be used in project management to estimate the availability of resources for upcoming projects. Please note that the actual use and interpretation of the Target Utilization field can vary depending on the specific business processes and practices of each organization. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******