I work in an office as a network administrator. Largely my day to day is a meeting every morning to go over what everyone is doing for the day, then looking through and responding to all the alerts that came up from all the servers I manage(things like failing backups, unexpected reboots, stopped services, strange login behavior, etc)
Then, if I still have time in the day, I put time towards some of the long term projects I have which largely consists of finding things that can be automated and scripting up solutions to that
This is Microsoft Licensing in a nutshell.
I have a tinfoil hat theory that they keep it complicated on purpose to add value to 365 certifications