EY's fiscal year ends in June and effective July 1st utilization resets. How fitting that there is a heavy emphasis on keeping utilization up in the coming weeks. 😂

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Yeah, I plan on not doing anything in the month of June.

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Sounds like CHANNEL STUFFING 😂

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Vision 2020 was nonsense the minute those geniuses at McKinsey sold it to them for some absurd sum of money. Yeah, you're going to double the size of your firm in six years when over 75% of your employees work in minimal growth service lines, one of which is dealing with insane downward pressure on fees. Sure thing.

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I'm going to be ex-PwC in about 36 hours, lol

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They're basically ensuring that they can bill a ton of overages in order to meet their ridiculous revenue goals. Vision2020 seems more and more unattainable as we get closer to it.

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If EY wants to come anywhere even close to $40B in revenue by 2020 they need to drop all of their audit clients and start doing advisory work for them

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I was just in a round table, utilization was the only differentiating factor when we wanted to change someone's recommended rating. But if your recommended rating is a 3, no one cares about utilization. Basically, it only matters when they want to single out someone. People with low utilization were the ones that got laid off back in 2009.
And we had both the YTD and the rolling 12 month utilization for reference during round table.

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So what does that mean exactly? (New girl here)

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PwC has something similar but they haven't been shoving it down everybody's throats like EY was doing with Vision 2020.

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Based on my recent experiences with the firm I will soon be an ex-EY as well. Cheers to that, friend!

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Ughh they are pushing us so much!!!

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It means nothing if you're currently employed. It just means they're using yet another useless metric to determine hiring of intern and staff.

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I think I hit 75% utilization. Lol

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Damn! Cheers to that too ahahah

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They give zero fucks about utilization at round tables.

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Hours spent during a year and compared to resources available is how they determine how many people we can hire.

I thought every firm had something similar to Vision 2020. The other Big 4 do not?

Ahahah gotcha

I should clarify I'm ex-EY from the Southwest.

They look at rolling 12 month utilization during roundtable actually

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hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

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SM asked us to shifted client billing hours to non-chargeable code... Will significantly impact utilization... Sucks

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What are ways to deal with high latency mricroservice in a given region. Given that it's Cpu utilization is not exhausted.. So no vertical scaling ???

Promoted to SSE with 25% hike and VP as 9% . I had received ACE award in Q3 . I have also maintained utilization report 100% still I got less VP. Can I ask manager to revisit the component

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Would switching from S& to LEK boost, hurt, or not change exit ops to PE/ PE ops/Corp dev & strat roles? Also looking at benefits of not having independence and utilization requirements. Thanks!

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Hi! I’m doing some research on employee benefits (medical insurance, 401k, HSA/FSA, commuter benefits) and was hoping to connect with People specialists or HR professionals in the comp & benefits space. I’m trying to better understand any pain points or challenges you might face with utilization/enrollment. Anyone interested in connecting? Thank you!

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Hadn’t noticed this sub before, and most of the threads are old so thought I’d ask a follow up - how has everyone been handling parenting with public accounting? I’ve got a toddler and my wife is an accountant (industry), and we only have a few immediate family in the country- but they have health concerns. Busy season was rough, things are looking better now as things return to normal. Still working crazy hours if you count the daycare duties on top of utilization targets.

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Anyone leave Deloitte for Booz Allen? Thoughts or experiences? Utilization and compliance are absolutely doing my head in.

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At any level above Senior, how do u manage the relationship between utilization and realization, which is an inverse relationship. Seems to be either blow the budget (and write it off), or eat a lot of time.

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Received offer from BCG for ECT AD role. Read numerous comments about ECT being not attractive compared to Generalists track. Also heard challenges about billability/utilization. Any views/guidance is appreciated.

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Hello, I am looking to make a career change that starts at a minimum 75K salary. The economy is tough right now and I can no longer afford to stay in my current role. I have a bachelors degree in Sociology with experience in managed care, utilization management, & clinical admin.. Does anyone have any suggestions for a possible higher paying career that I would be qualified for based on my background?

What is the target utilization for a Senior 2? Or number of chargeable hours goal? Is this ever hard to meet?

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Had a fight with my MD or let's say more like argument. After that the next 2 months was endless nitpicking and pulling me for mistakes that aren't really in my control.

Post 3 months, I apply for a transfer. Transfer process delayed for some process reasons
No negatives/issues in my f22 feedback. Utilization above target. Way Above average
Recently fired without reason
Who should I escalate to?

PS: Ignore typos. Written in anger

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After getting kicked out of McK late last year, this gives me schadenfreude 🤣

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Entering my 15th week unstaffed for the year. Does Deloitte do layoffs for low utilization? Mine is around 60%

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I don’t understand how people keep posting about the bench and being unassigned. I’m in advisory(not audit) and my entire LoS is trending 90%+ utilization

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