Do principals also have utilization goals? Can they just choose to bill 0 hours on project and work “for free”?

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At PwC, 1) yes, partners have utilization goals...they're lower but we do get tracked, and 2) god forbid a partner has an engagement go off the rails and zero hours charged. First question will be who is/was providing oversight.

Bottom line is we're supposed to charge hours worked just like staff. If we haven't convinced our clients that our time is worth paying for, then we shouldn't be partners.

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Just found out that out PADS dont hit our utilization numbers. So im guessing that means that they dont have util goals.

Everyone is billable. PADs and CSPs have utilization targets, don’t know about MDs.

First time hearing the acronym PADs. Reminds me of what I buy for my period every month 🙈 guess our “PPED” isn’t much better though

We have PPMD. A little harder to make dirty. Maybe.

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