How is utilization calculated?

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How exactly is a rainbow made? How exactly does the sun set? How exactly does the posi-trac rear end on a Plymouth work? It just does.

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It's a measure of how much hope and happiness the firm has extracted from you on a weekly basis.

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^ fake news. Utilization is charged hours/standard work week (40 hours). The 40 hours can be reduced for sick days or holidays, meaning you have to work less chargeable hours to reach 100%. For example, next week your standard work week is 32 hours because of Christmas, meaning you have to charge 32 to hit 100%. Utilization can be over 100%.

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Lmao @ the positrac

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On the average week it's chargeable hours over 40. 40 can be reduced by sick or holiday but not vacation

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E = mc^2

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Sick days do not reduce the denominator for us. Only holiday.

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@OP- you can look on myMetrics website or phone app to see your utilization in real-time. Its billable client hours/standard work week hours (usually 40 hours), with adjustments for holidays. Agreed with @PwC 3- our utilization is not adjusted for vacation or sick time.

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Agree with PwC 3 and PwC 5

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@ey1.. have off for Christmas lol

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During busy season 100% utilization is based on 60 hours I think.

PWC 3 - that sucks

Pwc2 - that’s hours over standard

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Any utilization review nurses working at an insurance company able to share if your company requires work on weekend/holidays? If so, what work do you do on weekend/holidays snd do you work s full day on those days?

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Have any respiratory therapists found jobs OTHER than being a clinical RT? I want to possibly change careers, but I am finding that a lot of jobs (clinical liason, utilization review, etc) want you to have a nursing degree, not a respiratory degree. I feel like as an RT we are limited to jobs.

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In the last PDM town hall, they said they were going to lower utilization targets for those that work on projects with capped hours. For those people, have you seen your utilization target lowered? I haven’t seen shit change for me.

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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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How do I check my actual utilization (not the effective one). Mybusiness only tells me the effective utilization

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Got offer from BCG for ECT. Read numerous comments about ECT being not attractive compared to Generalist track. Also heard challenges about billability/utilization. Any views/ guidance appreciated!
I am not super keen to become a partner (selling) and main reason to join will be working with different clients, smart talented people and a good brand. End goal (at the moment atleast) is to stay for few years and return to the industry. 15 YOE

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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 ???

I’m quitting my job tomorrow morning. I don’t have a new job lined up. I’m scared, but also excited? I’ve felt under utilized for months, and haven’t had a promotion after two years. I never take risks like this, but life is too short. Is this a bad choice?

likeupliftingsmarthelpful

Controversial question - what are some roles/functions to avoid at Google for ex-management consultants, in terms of potential under-utilization of skills and limited career progression? Common exit opps tend to be in StratOps, PMM, PgM/Solutions Consultant, roles in Sales; would anyone not recommend any of these roles?

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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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How does your firm measure utilization? I work for a small boutique that defines it as utilization = number of billable hours/2,080 and full bonus payout occurs at 80% plus.

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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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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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I wish admin utilized Tier 1 supports with teachers. Smiles, appreciations and acknowledging ones efforts would do a great deal to boost morale and climate. I just don’t understand what that is so hard to do.

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I just found out that people bill more than 8 hours in a day to help with utilization (ie. submitting 8.5 or 9 hours as a standard day). Is this common practice?

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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!

EY and Guidehouse federal fish, how does using PTO factor into your utilization score? Does it count against you like at Deloitte or do those hours get removed from the denominator before calculation?

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Wooohoo just landed a data project! Woohoo data! Data runs the world! Hello super high utilization! Hello cushy bonus! 🙌🏽

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Utilization director told me today that the layoffs won't affect me. My heart goes out to everyone that had to hear otherwise. Here's to hoping y'all find something better and prosper.

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Why do some people get laid off and others not? Is it always utilization? Do people typically know they're at risk before it gets to that point?

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