Alright, PDubs, I work crazy hrs on PE Due Diligence, and b/t DD’s I work on proposals. Yet, as I’m only allowed to bill 40 hrs/wk, I’m not going to meet utilization and am ineligible for bonus. Wtf.

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I have never seen a project were you are not expected to eat hours...

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You need to charge actual, and escalate it if you’re being asked to eat hours. This got here from one or more ways: the project was not properly scoped and budgeted (margin is set too high leaving too few hours), additional work was agreed to without more budget/adjustments to the code, and/or you’re not efficient at your work. However, you need to deal with this with project leadership now.

If you work 80 hours, charge 40, then not only are you screwing yourself over, the underlying problem won’t be fixed and will recur on future projects. I understand this can be a difficult discussion to have up the chain, and you may want to consult your coach first, but as a director, the partner I work for most of the time has made it abundantly clear that he won’t tolerate anyone telling staff to eat hours. But if they are on their own, it’s tougher to get a picture of what the budget should be

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I had the same issue. I told project leadership if I’m not billing, I’m leaving after 8 hours

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Maybe that's why I'm getting fat, all those late night hours I'm eating.

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I used to be at S& and billed 10 hrs a day (which is a typical "day" for S&). Got rolled off my first project because I wasn't billing 8.

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Same. I regularly put in 12-14 hr days and bill 8-10. Who doesn’t eat hours??

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If everyone is scared into only billing 40 hours, then you actually do fixed billing. Former PwC here, BCG approach really refreshing

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P2, if I say anything, I may as well quit, because I sure as hell won’t be promoted, and likely won’t even get staffed on future gigs. The only real path forward as I see it is if I make it to a position of power to actual influence the status quo, or hope someone else makes it to that power spot and changes it before I get there myself

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We do not. We book hours worked and dont eat hours. Do you work with same managers? Tell.them you like working with them, but aren't trending to hit utilization goals do they have advice

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Always bill hours spent. Force the director/partner to admit they underestimated scope.

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P3 (and others), it’s all well and good to say I should always bill what I’m working - but what I have yet to hear is how to do this in a way that won’t get me rolled off and / or blacklisted from future projects. Reality is there isn’t a way. Reality is I suck it up or quit. Big D, does your Deals group within S&O practice suffer the same issues?

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A lot of projects have this issue. Not just deals. I think it's big4 consulting. Would love to hear if MBB or other same tier strat firms have this too. Due diligence especially. What's crappy is that everyone knows this is a problem but the metrics are misaligned to fix it. Top levels make their bones by forcing lower levels to eat so it will perpetuate itself until hours don't go into the calc. Which they shouldn't for salaried people.

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If you are in DDV, welcome to how we work! Some partners push deals on you but there’s nothing in place to give you utilization support. I have never remotely accurately received chargeable hours for diligence work.

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I'd suggest you have a conversation with your relationship partner. Explain the situation and ask for his/her perspectives and advice.

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First, do you actually think you came in sat down and did nothing but produce value for 8...10...12 hours? No socializing, no fiddling, no eating, no potty breaks? I’m not doubting the ability to bill more than 8 but I am questioning value add vs non value add. I run DDs and have been for years, make sure you can point to value add time if you have this discussion with your partner or RP. I do not tolerate eating hours on my projects and I push very heavily on any partner that does. Talk to your buddy, peers or coach next to double check yourself. Approach the Partner or your RP professionally and honestly looking for a solution. And if your hitting near your utilization target, doesn’t have to be perfect. It won’t hurt in CRTs. And we don’t awards 1’s for utilization, never have never will. It’s not that important

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If you are in DDV and on the deals bench, you need to get onto a project soon for utilization.

Man - that’s crappy. Feel for you guys/gals!

In a perfect world we’d bill every hour and get compensated fairly for the amount of work we put in. Until then ¯\_(ツ)_/¯

Why won’t you meet utilization targets if you’re chargeable 40 hours/week? That’s 100% utilization and targets are lower than that...

BCG1, pwc doesn’t do fixed pricing. Therefore, they eat hours. A1: I don’t buy it unless you were on an MC project.

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