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How do you get on a PIP? What % utilization and performance do you need to be trigger one ?

uplifting
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Utilization doesn’t matter.

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OP—nothing. I know people who have never hit their utilization target, are considered high performers, and are promoted on schedule. This is audit, by the way. Most audits are fixed fee so utilization is a made up number that doesn’t actually reflect profitability based on how audits are structured. Advisory and the tax consulting type stuff would be different.

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I’ve found that metrics don’t really put you on a PIP. It’s usually a combo of your quality of work vs if people like you are not.

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D1, sure, but layoffs aren’t happening in this market.

Depends on service line. I can only speak for audit, where utilization is barely discussed. It’s relevant only in that if majority of the people in an office don’t like you/trust you to do good work, they’ll naturally not pick you up on teams, driving down your utilization. If one team likes you to recur, even if it’s 1000 hours a year, you are safe from that aspect. Performance wise, as a first year you literally have to be caught lying or committing fraud or sexual harrassment to get fired. For second years you prob have to be the very last one in your class, can’t do any work correctly and seniors constantly taking things away and prepare for you to get on pip

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Thanks M2!

Why do you want to get in a PIP?

Oh no, not trying to get on one, I’m trying to avoid it lol

What level are you OP?

Honestly you have nothing to worry about, you just started Just be polite, listen take notes and ask question, be on time to any meetings If you get review comments, don’t get defensive or upset just try to learn from them

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What are some utilization (billing hours) targets out there for roles with direct reports? If lower than individual contributors, do staffing levels reflect this? I.e. target is 65% billable, but still staffed at 40+ hours

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If I have 100% plus utilization for the performance year, but end up sitting on the bench for a couple weeks, how negatively would that impact my util? I haven’t really been unassigned much but am expecting at least a month to be available

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I’m about to be a second year and have a core utilization of 75% (adjusted 85%). Is this really low? Is it something I could potentially get fired for? No bad reviews, and the low utilization was due

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What is your firms denominator for utilization? Is it 40 hours? 45hours? 50 hours?

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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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For utilization for PY and YE review, does it go through 3/5/2022?

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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?

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Is utilization just a tax thing?

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what is projected utilization for other firms in September? I think EY FSO-ITA is looking less than 70%

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Deloitte people on CPT with 40 hour/week limit: Since its self-reported, do you just bill 40 hours per week? Worried about the impact to my utilization.

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I'm non compliant on CPE by a lot, when is the cutoff date to become current? June 30 or is it the same time that utilization is cut off?

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For those in PA - What has been your highest, lowest and average Utilization rate?

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My utilization has been so low since COVID closed off the offices. Should I be worried? Should I reach out to my relationship/career coach? Change to another group/line of service??

likesmart

Interesting. Let’s see if the uptick In cases continues to drive an uptick in hospitalizations and then in fatalities. Depends on how many of the cases are incidental or in very young people not prone to severe cases. But either way, look at the hospital capacity utilization figures! This is the untold story. Were we bending the curve to avoid unnecessary deaths due to overcrowded hospitals, or were we bending the curve to buy time for treatments and vaccine, or just to slow fatalities?

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Does anyone work for McKinsey within their Digital Arm as an architect? I was told this would be on the expert path. Can anyone tell me how the project dynamics would differ? Another thread I read mentioned that experts are utilized across multiple projects. True?

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Just did the math. Utilization has been at almost 120% since September... No wonder I've been such a gem to be around 😂🔫

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Can folks from other firms explain how your firm tracks (or doesn't) utilization? Deloitte's system is really broken and I want to learn about other systems out there in the market.

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I have a utilization question: if you’re scheduled for 40 billable hours in a week but you finish the work in 30 hours you’re 75% utilized which may or may not be fine depending on ur firm. But if you finish the work in 50 hours, youre 125% utilized but you’re going over budget (providing you don’t eat hours). How do you reconcile the 2?

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Hours real talk. I've always been very "bill what I work" so that means light weeks I'm destroying my own utilization/billing initiatives instead. Meanwhile peers bill 40-45 regardless. Am I an idiot?

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Can anyone share the quarterly bonus structure at Workday for consultant? Payout and target utilization

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