The more difficult answer/question is how to communicate that 'full use' value as well as the current use (possibly greater than full) to software which calculates a usage estimate based on various already existing interfaces. Or if yet another interface (standard, if thinking about that XKCD comic) is needed.
As an example, the SSME was nominally operated at 104.5%, and the newer expendable RS-25Es nominally operate at 111%.[1]
So basically: 100% is the CPU running at base frequency, and anything higher (eg: turboing/boosting, overclocking) should result in even higher percentages above 100. This would be a lot more meaningful than whatever "100% CPU load" means today.
[1]: https://en.wikipedia.org/wiki/RS-25#Engine_throttle/output