{ "media_type": "text", "post_content": "At what level does your utilization become an issue?", "post_id": "57f70b91eedb5e0e00dc2127", "reply_count": 17, "vote_count": 2, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

At what level does your utilization become an issue?

like
Posting as :
works at
You are currently posting as works at

I dream about a 27% utilization rate

like

it's just a non busy time my senior is leaving and I'm taking over so they kinda need me

like

I'm 27% at staff 2... there's no work. I have emails asking for work to back me up

like

EY1, not to be rude but why are they keeping you?

like

Lol so my groups utilization on average is abysmal. Like <40% average across the board, not just staff in a group that is mostly staff. it's because of EY's bullshit vision 2020 plan. They think the hiring will drive the business but have incompetent leadership and decision makers.

like

Utilization is like realization in that's it's a best guess as a metric. In tax, 70% can take 100% of your time. I'd agree though you should be at 70% as a minimum goal. If below, talk to somebody and they can tell you it's ok.

like

Tax associate goal is 80%? Senior is 85%, manager 75%, director 72% and partner around 40%. Metrics play a big part in performance ratings especially utilization. So if at year-end you are nowhere near your peer group's average you can kiss that 1 and 2 rating goodbye.

like

Damn..

Have you talked to you coach and/or HR about your low utilization? They should find opportunities for you to get it (utilization) up unless you are considered a dud

Sounds like you're not going to be around for long EY1

Barely any work has been going around and I've been doing admin work that is gonna be turned into charged work which should bring my utilization 10-20%

What area is this? My utilization is over 100%.

NYC - indirect prop tax. Staff averages 77% for YE so yeah it's a group that doesn't work too hard lol

Depends on staffing level but south of 70% prompts a discussion somewhere

I've been over 120% utilization all year. Take my smallest client and you'd be set.

Yeah but it's all just on paper. If you can get your shit done way ahead of schedule, you can bill to your utilization goal and have it easy. If the job is way underbilled, which smaller markets run into all the time...your utilization will be high and realization shit even if you eat a ton of hours. And at the end of the day, your salary is fixed so why does the firm even care? You finish one client and your salary is covered. Second client is overhead and some profit. Third is money back to them.

^ preaching to the choir

Related Posts

Has anyone utilized Worthy Bonds. Apparently the bonds are secured by the small businesses inventory they loan to. Right now my HYSA is about 1% and they are offering 5%.

like

What are the consequences for not hitting your utilization target?

like

How many hours are considered 100% utilization for S3/S4? Are we based off 40 or 45 now in SaT?

like

I was curious what other firms have set as their utilization goals for their different positions? Currently, everyone from staff to senior manager has a set goal of 90%.

like

Anyone know what is the year end utilization cutoff date for ACP this year?

like

Have been over 100% utilized YTD until rolling off 3 weeks ago. My practice's leads in the pipeline keep evaporating and now the closest possible engagement is at least 2-3 weeks out. (Cont)

What is the charge out and utilization rate at different levels?

like

“You need to work more hours to increase your utilization, but be mindful of the hours you’re charging. We need to be efficient with the budget.” Oh... ok.

likefunny

People on here are talking about billable hours and utilization... are those things that are tracked on an individual basis? We do it as a firm aggregate and thought that was the norm, but seems to be that it might be tied to specific people at other firms?

like

What are firms utilization and sales expectations for manager? My sales for first year manager is 1m and utilization is 70%. Is this generally normal, lenient, or aggressive? I’m at a small boutique ~100 people

like

My boutique’s utilization firm wide is at 94%. What’s yours at?

funnylike
like

Hi Bain 🐠, how does utilization look like for AAG guys? Any distinction in terms of Marketing Science and Data Science? Which one will give you more mileage, exposure, in your opinion?

like

Does Accenture really “not have utilization?” This seems unlikely or like a half truth, what is the catch?

like

My utilization is below 60 percent and it's majority of internal projects and trainings but have good snapshots(reviews) should I still be concerned ?

Has EY really had a good year? I am looking at utilization in my region (SW tax) and it seems abysmal. Are raises really going to be better than last year?

like

Are holidays (unlike vacation days) excluded from the denominator of the utilization formula?

like

How much is utilization factored into raises?

like

Pwc folks: I heard 4-codes don't count toward utilization anymore in advisory? I'm doing 4 code work now, do I get grandfathered in or is my utilization getting slammed?

Can anyone tell me what the utilization targets are for each level within Federal Advisory and Federal Consulting at Deloitte? How different than Commercial?

like

Additional Posts

Zillow as the exit opportunity? Product Manager role. Yay/Nay? Not considering $$ for now. Just based on culture and future growth prospects?

like

Daddy D is throwing around some pretty crazy referral bonuses right now. If I can hit four referrals, I’ll split evenly among all four + myself. Up to $10k per person and at least $2.5k per person. Put it in escrow and everything. So if you’re looking to change firms, a new opportunity, etc. DM me. Can easily negotiate a nice sign on bonus, and my offer should sweeten the pot.

Post Photo
likeupliftingfunny

Fixed income Credit analyst in boston. Make 60k +15k bonus. Sitting for level 3 cfa in June and have my CAIA designation. 10 vaca days/ year. Am I getting screwed?

like

Moving from big4 to core strategy firm (read MBB). Have 2 months before I join the new firm. Wondering what I can do to prepare myself, are there any courses, books that would help me gain some skills. I have mostly done PMO, tech implementations kind of work so far. Don't want to leave any stone unturned and want to make it work.

like

Looking for a freelance copywriter to help out on launch campaign for a tech startup brand. Ideally DC-based, but open to remote. DM me!

like

Do I still get Marriott points / nights when booking through firms travel agency (adelman)?

like

Today is my first day of my first IVF cycle. After getting the green light to start IVF based on my negative COVID test, baseline ultrasound and bloodwork, I feel relieved that this day has come after unsuccessfully trying to conceive naturally and with IUI, and even excited now. LET'S DO THIS!

like

Any insight into salary for Director at ACN or Deloitte in the WD Integrations arena? What about some of the smaller firms like Collaborative Solutions or Alight?

like

Where are some good movie theaters in the city ? Seats that aren’t dirty (i went to the amc in union sq and 🤮)

likefunny

Has anyone utilized Worthy Bonds. Apparently the bonds are secured by the small businesses inventory they loan to. Right now my HYSA is about 1% and they are offering 5%.

like

Looking to Recruit Sr. Program Manager in the IT team. $3B global medical device company. Someone who is at SC/M level would make a great fit. DM me if interested

like

I’ve been laid off for 6 months+ looking for senior account management roles in NYC. My background is in digital content strategy, performance marketing, and ecommerce.

like

What job title would you use for someone who is responsible for assessing current skills gaps in the enterprise, leveraging talent marketplace and AI to identify the current skills of the workforce, and support strategic initiatives surrounding talent planning/forecasting? Something that wouldn’t include Talent Management or Workforce Planning in the title.

like

Currently in the US but interviewing for a UK-based firm and role. The comp level they are throwing around is £250k TC. Is this reasonable for a Director-level role with 12 YOE? My comparator would be wait 18-24mo to become a consulting partner - in the US that starts at $450k/£325k. For the purposes of this question, assume I’m optimizing for initial comp, not long term potential, and not livability, Intl experience, WLB, CoL etc. Thanks!

like

Mulling over an offer. Is work at MBB way more work / significantly more intense than Big 4? I feel like I have a good brand/rep at EY; not sure if effort to rebuild all of that at MBB is worth it?

like

Guys, having 5 years of experience and I have 2 offers from Wipro and infoays . I have heard that Infosys is better than wipro in terms of work life balance and work culture. I wants to join Infosys but the thing is wipro is paying more than Infosys. Please help me to decide. I am confused 🤔

like

What to do with excess cash? Already have a rainy day fund, saved up for vacation, and maxed out 401k, ira, and hsa. I don't have any debt and I can't trade in anything but funds.

like

Can you survive with no skills? Am exiting MBB for VC soon and recently realized I don’t have any differentiated skills, just general problem solving. Will I be able to just coast along forever?

like

Anyone know how much suites cost at the United center for blackhawks games?

like

Suggest stock tickers to look into here, bonus points if you share a blurb or two of DD you've done on it :)

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal