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Alvarez & Marsal - What’s the average/target utilization (billable utilization) percentage for a Senior Associate in PEPI?

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There is no defined target ! 80% is what people aspire for. Actual can be way lower or slightly higher. All depends on your MD, how much work he is selling and if you are getting staffed.

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Thanks D1 - so as an example, let’s assume a SA takes 4 weeks of PTO throughout the year. Also assuming utilization is based on a 40 hour work week, that’d mean to hit 80% utilization, that SA needs to bill 1664 hours in the year. With only 48 weeks of actual work available to that SA, they’ve got to hit 1664/1920 available hours, or effectively 86% utilization of the hours during which they were actually available. Do I have that right? Follow up would be, how frequently do PEPI SAs bill actual/greater than 40 a week?

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