How is utilization actually calculated? Is it based off of 8 hour work days charged to a client chargeable WBS code? Does charging to internal xLos codes affect utilization?

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

@OP - just look up "advisory FY17 targets" on spark. Breaks it all down by level. @S1/OP - 4 codes are internal codes that give you utilization credit - only certain initiatives with priority get a 4 code. They are very limited but not 100% eliminated.

like

(Client chargeable code hours + 4 code hours ) / (2000 - 8 * number of additional holidays given above 10)

What are 4 codes?

I thought the firm eliminated 4 codes this past year?

So, I did some research. 1) targets are calculated based off of 8 hour work days 2)taking vacation and sick days affect utilization, apparently it's accounted for in the utilization targets set by the firm 3) internal codes don't contribute to utilization unless if they are "chargeable". I'm assuming those are the 4 codes?

4 codes exist for defined internal projects with real budgets behind them, as opposed to something like going and doing recruiting or interviewing at a university for a day, which will be an 8 code. I have seen more internal chargeable projects in recent years get 0 codes (same as external clients) but I don't know what triggers one or the other.

Related Posts

How can I make $140K and above w/ 5 YOE in operations, program management, client delivery? Worked in NGO for 3 years then consulting for 2 years.

like

We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

like
like

Hi fishes,

I am currently on notice period.LWD is 18 th oct..I am holding only one offer from DXC.Can some one refer me for Scrum Master/ Agile Project Manager role?

like

Hi All, does anyone have information on Markel client in Synechron. How is WLB in the project.

A campaign my partner and I thought of went into testing, but died in the process. Same idea, concept, name and execution used on another client/ campaign just a month after, that we weren’t on. Few people from the old team were on this new campaign. We’re disappointed about it and wondering if this is a common thing that happens?

like

I joined a new consulting firm and have been here for 6 months. Recently, a SaaS client (1k employees) that hired my old consulting firm reached out to me about a job opening - Lead BA working primarily to implement their benefit admin system for insurance companies. My current TC is 95k. Is it worth making the jump if the offer is north of 110k? Anything I should look out for? The client and coworkers were all nice, but I remember being stressed on the project due to limited resources.

like

Has anyone built a Client Advisory Board?

like

Fishes need suggestions. I have been put on PIP for bad performance. I am being a part of 6 months project and project is about to complete with backend work done. I took more time for some tasks because of not knowing the technology so they highlighted that and my senior send emails to HR to put me on PIP. What should I do ? Acknowledge PIP ? Or resign? Or let them terminate me so I can claim salary of three months as fnf settlement? Getting confused, please suggest.

like

Walking up to the client site looking like Elle woods today. 💁🏼💗

like

Hi
Can anyone help me how should i explain my project on which i worked in my current company to the interviewer.would be very helpful if someone can help with the basic format from start to end or else can give example of their own project.

Thanks in advance

like

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

like

What is the Salary range for a Client Service Lead at Slalom?

like

I just got laid off from my job as a gov contractor because the project I was working on ended. I’m currently a grad student part time and was hoping to work that job until finishing grad school before applying to consulting roles. Should I go ahead and try applying for those roles now since I don’t have a job? Or should I wait since I’m still in school until next May?

like

I have never done freelance work and was given the opportunity to take part in a cool project. My problem is it’s a proactive case by a brand new agency and it’s their own project, meaning there’s no client who pays for the work. For them it’s PR for their new business, but I think they’re expecting me to work completely pro bono. It does have potential for a great case and I’d love to have it in my portfolio, but is it reasonable for them not to compensate me? Any tips on how to approach this?

like

Hi,
I joined TCS a week before as assistant consultant, Apple project has been allocated.
Anyone has any idea about data science work in apple? Onsite opportunities?

like

What fixed salary should i expect at snr project manager level, grade 28 at Gurgaon. Also will i always be working 12 at midnight for US calls and work or there is a flexibility. Please help

like

Hii joining CGI in support project is good for future... please help me with this need to confirm the offer by tdy...

Hi fishes, in last 2 months I got at least 10 rejections and 0 offers.
I am looking for a new job. I am working for a Google Cloud project in HCL Technologies. I am currently handling order management and deal strategy for CPQ deals, SaaS deals. I also have experience in using SAP, Oracle EBS Prod tools along with billing and collections. Also working with product teams of Google Cloud to create process and order forms/contracts for billing of products.
Help me with an opportunity please 🙏🏽

More Posts

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

likesmart

After clearing both of the technical rounds HR contacted over mail for expected ctc and other things.Can anyone tell if my expected ctc is higher then is there any chance they will not reply or delay the discussion or they will straight away deny?? I am waiting for the response from hr from past 7 days.

like

With some of the big tech firms stock prices taking a hit..Meta layoffs announced last week and a few others revealing some teething issues. How do you see the tech market Outlook over the next few years.

Software Engineering compensation
Demand for tech hiring
Are we seeing a shift within the FAANG club and are we going to see new arrivals to the table?

Is the life-span of big tech companies usually only a few decades. If companies stagnate, they die...is this just a sign of more to come

like

My ASM is lazy and is incapable of doing the easiest basic tasks with recruitment. She receives all my end of day updates, is cc’d on all emails, makes me fill out 5 repetitive excel/smart sheet, and joins all my meetings but she still wants to call having me 5x daily about updates. I’m always the one to go to if other recruiters fail to meet client deadlines and cleaning up recruiters mistakes. How do I even handle this to begin with?

Where do you find the time to get everything done in the day when you have multiple partners, associates and equity partners that interrupt you and want things turned around immediately while simultaneously working on deadlines? I feel like I’m the only one that can’t manage a 70+ case load without letting someone down. I constantly have to say “Can I do this tomorrow?” Etc. I don’t even have time to bill on the clock. I work until 7p at least every night. Top 10 family law firm.

like

Anyone working in public making $200k plus that isn’t at the director or partner level? If so what’s your title and what practice do you work in?

like

What is non fs audit EMEIA Nordics at EY assurance? Don't we work for any specific sector?EY Deloitte Grant Thornton KPMG PwC

like

Selfishly, I don’t want lock down to end. I’m enjoying not having to be in the office and the reduced pressure of a more low-key social life has been secretly quite nice. Anyone else?

likeuplifting

Anyone uses Uniqlo Blocktech products? Are they any good? I'm looking for the men hooded coat. Price is so cheap compared to the well known outdoor brands.

like

Hi- does anyone work in the Credit Strategy team or Credit, Fraud, Risk (CFR) Strategy team at American Express ? I am trying to understand what these teams do, and if there’s any difference ?

like

planning to sell my 2 BHK flat in Rahatani , near kokane chowk..if anyone interested ping me so can share the details. Thanks!

I am currently working in BPO with a sal of 4.5LPA with 5 YOE. Ive been learning to be a Full Stack Data Scientist, still left with 6 months. Now is it advisable for me to get a new job which'll give me hike of 20-30% taking it to 5.5-6LPA then after that look for technical profile after 6 months which'll give me hike on 5.5-6 instead of 4.5 LPA which i currently got.

like

When you're pretty sure it would be easier to survive Game of Thrones as a main character for 6 seasons than to rewrite the 40 page walkthrough correctly. 🙄🙄💀💀

like

Possibly.Wrong.Choice - #oscars #Envelope #LAoffice #160,000Fee okay I'm done this is getting so old

like

Anyone recently got their PERM approved - how long did it take? The USCIS website shows the avg. Duration is down to 3-4 months now!!

Hello Fishes,

I got an offer from Airbnb for the L7 role. I would like to know about the working culture of this company?

Thanks in advance!

like

Got a personal email from HR asking to evaluate our executive team’s performance. Thinking this is a no win situation.

likefunny
like

What is the range of average salary increase and bonus in EY OTS this year?

like

Additional Posts in Consulting

Tired consultant in Tennessee on a super tiring Monday evening ( connection this am) eating by myself with more slides t block out before I call it a night.. This is the part of the job that I hate!

like

Who leads the Data Science/Data Engineering field right now? Cloud transformations, ML implementations, BI reporting? Companies + Practices?

like

Got laid off on Friday. Three days and I'm already bored out of my mind. Besides Jim, what are people doing to pass the time in between job hunting?

like

Walking up to the client site looking like Elle woods today. 💁🏼💗

like

may the good Lord have mercy on us

Post Photo
likefunny

Interviewed with Kearney in the Middle East at the same time I was recruiting for McKinsey (US). Took them a week to get back to me with a rejection email and didn’t offer feedback even when I reached out to thank the interviewers and asked for it. Are MBB the only consulting firms that give candidates feedback?

like

I know I'm a seasoned consultant because I know the locations of the best plugs in airports across the country. I can't decided if I'm proud or sad to possess such knowledge.

like

Any good book recommendations for new Managers in consulting ?

like

Can someone help with the base salary range for a 6+ years experienced finance professional with FRM and CFA certifications in Big 6 firms in Advisory practice?

Also, what should be the expectations for joining bonus during the current times?

like

Best consulting firms for the retail and CPG industries?

like

Checked in hotel Tuesday after midnight just killed roll of toilet paper

like

Are any top consulting firms hiring for experienced analysts currently? I know ACN and some others are cyclical for resources 2-3 years out of college, but I’m looking to make a move sooner than fall

like

Does anyone else get anxious when they view someone else's deck in a meeting and the formatting sucks? Jumping titles, inconsistent font and size, table of varying sizes, etc.

like

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like

Can we go back and change our timesheet? I want to change one that's from two months ago.

Any audio book recommendations to listen to when backpacking / vacationing?

like

For those who interviewed for FAANG, Snapchat, TikTok or other tech companies, do they typically offer signing bonuses, like consulting firms? Or if asked for one, do they usually give?

like

Owe ~$4,500 in taxes for 2020. Anything I can do to reduce this amount? Going to contribute some extra money to 401k to get me to 19,500 for the year. Anything else?

like

Wish I could build slides like Bob Ross made his paintings #nograveyard

like

Tax question - I was living in Chicago in 2015 and am trying to figure out if I need to claim income earned while I was in another state on my IL return. Thoughts?

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