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Yes. The person doing the engagement economics is responsible for downloading and keeping track of the hours and expenses billed. Each manager uses their own "reporting" but the actuals are pulled from "my engagements"
The person who does the engagement economics on your team would check every team members weekly expenses. If your flight ticket cost is ridiculously high, or higher than other team members, they'll question you about it. First class is not explicitly mentioned. You shouldn't be traveling first class for domestic flights anyway. I'm sure even your managers, and senior managers don't!
It's in policy of over 3 hours. Why the hell wouldn't I.
Even if it's within policy, nobody does it. It's to save costs for your client. Check with the manager and senior managers on your team, chances are, they don't either. Although it's within policy and your management won't explicitly call you out on it, when the time comes to cut costs and roll people off the team your expenses might be compared to other people on your team who are at the same level. Guess who'd be rolled off first? I've personally witnessed this on projects.
Is it through my engagements? And they have to pull reports every week and see the daily posted hours?
Good for you. Why did you ask the question in the first place ? You seem pretty stuck on doing whatever you want to do.
Also, not all engagements work the same way.
Some clients have a bigger budget and are most cost conscious, while others aren't. Also depends on your senior management and partner. Not all projects would have the same level of transparency into what each team member spends.
Did you just join the firm ? Are you a staff 1?
A good manager looks at their budget to actuals every single week. If you have a big enough account, you have an FMA and an FA looking at it weekly for you. Hours more important that knit picking expenses. Best believe if you're billing over 45, you better have good work to defend that.
FMA's are typically worthless
Yes through my engagements. It updates every Friday.
So to the managers here - do you really pull this down every week and check all of this to make sure all teammates are billing under 45?
Thanks you!
I did, typically 45 hours are allocated so if you are over, I am checking for that. If you go over then I need to understand why.
This is how expenses are tracked as well.
Does it say if you book first class anywhere on my engagements?
Did it for 6 months straight buddy. Not a word. My flights weren't that expensive. Nobody even noticed.
And are cost conscious*
OP, are you a frequent traveler, as designated by EY?
Treat the client's money like your own. Book travel responsibly. Not sure what else you're trying to hide from your manager, but as a manager, this is exactly the attitude I don't want on my project.
OP, as per EY policy, you can't travel in business or first class within USA even if it's more than 3 hours. The only exception is if you are firm designated frequent traveler