For your current firms, is the utilization/billability percentages doing better with all of the layoffs or is it looking bleak? My firm is currently at 65% and I have one foot out of the door as a result. Am I just overreacting to commonalities or is there still demand out there?

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

Depends on the firm. I work in a non-prestigious boutique. 65% -75% department utilization is quite normal for us. We hover around 72% utilization firm wide year over year and still have year-end bonus and promotion cycles as usual. 65% is not a reason to panic just yet as the firm is likely still profitable and stable.

If it drops to 60% or below Partners start breathing down the Director’s necks to sell more. At 80%, they tend to be more selective about the projects we take on because we have oversold departments before and been unable to staff or deliver them.

If you are at Big 4, MBB, RSM, Grant Thorton or BDO. I would be panicking. Layoffs are definitely coming. It is quite normal for those firms to have departments hovering around 85-95% utilization. 65% would be a red flag something is going wrong in the department

like

Are managers pseudo utilized though?

Related Posts

Mindtree vs quest global which one to choose

like

Hi I got an offer from ivy comptech. I am angular developer with 6 years experience. How much salary I can expect?

When do we get the block leaves at kpmg. What are the dates mostly?

like

How viable/easy is it to move from patent prosecution? I’m assuming patent lit is an obvious option, but what about tech trans? Other general practice areas? Bird law?

like

Any 🐠 attending the Pilgrimage Festival in Nashville this weekend?

What is that starting salary of Manager in KPMG INDIA for 11 yoe.

like

My Current CTC is 18.5 LPA. YoE 12yrs.
How much CTC can I ask during an HR interview for a bigdata engineer in UST global. What should be the expected CTC per current standard. Dear fishes, please help.

like

Currently working as a mid weight AD in Amsterdam, thinking about making the jump to NY. Thoughts on whether it’s worth it?
And how much is the average wage at this level?
🇳🇱 🇺🇸

like

How thorough are background checks? If I disclose a non-securities related misdemeanor from a year and half ago in advance, will I run into problems? Lateral hire

like

Hello friends,
I wanted to share that I am in my first job as ui/ux expert and I am the only ux/ui person in the team. I am expected to take care of entire research and design of the product. It becomes very overwhelming as the product that I am working on is in a early phase and I am expected to think about ui as well as ux and also design entire app on my own.There is no user interview or user testing happening as my project manager thinks it can be done after product is launched. Please help!

like
like

Which Big 4 is the best to be at regarding work culture and benefits? Especially during these tough times.

like

How open are mental health discussions in your families? Whether it be talking about your struggles or suggesting therapy to family members? Anyone done it successfully and mind sharing ideas here?

helpful

Everyone's still arguing about if Pluto should be a planet, and here I am just thinking about how awesome it is to have ICE VOLCANOS...

like

How much would orange theory cost if you went 2-3x each week?

like

IEP, 504, and those without internet will return in-person next week while rest of students remain remote. Regular Ed teachers may have students (mild Learning Disabled kiddos) in their room while teaching. They are saying it’s a liability issue if they have one student in the room with them, even though teaching other via Zoom. Thoughts? Anyone else experiencing this?

like

Hey folks, I gave round 2 interview in sap labs and got an email from HR that they have kept my candidature on hold. Does that mean the chances of selection has been reduced??
Also to let you know I am an experienced professional.

like

Planning to do a PRM or FRM qual. How useful is it to move from Big 4 Risk and reg consulting to industry? Finding it hard to get anything other than non-PM roles

like

What is the hottest skill to learn in consulting right now?

like

Best consulting companies with exposure to the blockchain / digital assets space?

like

Additional Posts in Compensation in Consulting

Which online survey site has the best payouts? Thanks!

like

What are some negotiation scripts you people have used to negotiate a higher salary after the initial offer?

like

How much is a common value of equity options to see a new hire (manager) get?

like

4th year manager S&O federal manager at Deloitte with 10 years experience. What is normal base salary range?

like

Anyone know comp for PWC Asset Wealth Management Transformation at a Senior Manager level?

like

How do you begin a compensation conversation with your partner? Do you discuss it during your annual compensation discussion? If so what is a good way to ask for a raise?

like

Does anyone have insights on salaries at Accordion?

like

What’s BCG digital ventures comp model like?

likehelpful

Does Deloitte Consulting often pay the full amount of its Annual Incentive Program? I have a job offer with 16% AIP but want to know if I can expect that each year. Thanks!

like

What are the salary ranges (ideally broken into base , bonus, stock ) for Band C and Band B in IBM GBS ?

like

Has anyone ever had their salary reduced?

like

How to negotiate bonus when an offer comes in only at 10% higher? Should I negotiate or just take the offer?

like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

When talking about salary, do you usually say your base or TC?

What is the comp range for Deloitte Human Capital (in federal) at the Consultant level (after being promoted from analyst)?

like

6 years exp at Investment Banking IT group, will be hired as SC at EY Advisory SF office. How much i should ask?

like

What are the best industries for talented strategy/business developers? Looking for industry exit opportunities from retail banking as I find the entire industry too boring.

like

Debating whether or not to go through SM value prop. Currently going into M4 S&O, top MBA, 3332 ratings making 170k. What salary should I expect as an SM?

like

Received an offer for $120k from AFS for a level 8 position in Hawaii with 5 yoe. Is this a fair offer?

like

Currently my base is 139K, SC2 commercial and the target promotion year is 2022. What % of base salary hike I can expect with exceptional ratings if I get promoted as planned? 👏

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal