{ "media_type": "text", "post_content": "I have a recruiter showing me a general overview of FTI Consulting saying that compensation would consist of base salary + monthly qualified billables + 10% to 20% annual bonus. Is this similar to A&M (% of billable hours)? I'm currently in TS but am looking for a boost in compensation, more than a public accounting firm can offer. What kind of $ are FTI seniors making in this market?", "post_id": "61f1c1b445578d002e8f447c", "reply_count": 17, "vote_count": 1, "bowl_id": "5bc69fa51498b20012903b07", "bowl_name": "Transaction Services, M&A, Deal Advisory", "feed_type": "bowl" }

Transaction Services, M&A, Deal Advisory

You are currently posting as works at Senior Associate

I have a recruiter showing me a general overview of FTI Consulting saying that compensation would consist of base salary + monthly qualified billables + 10% to 20% annual bonus. Is this similar to A&M (% of billable hours)? I'm currently in TS but am looking for a boost in compensation, more than a public accounting firm can offer. What kind of $ are FTI seniors making in this market?

1 reactions

4 months

Posting as :

works at

You are currently posting as works at

Posting as :

works at

You are currently posting as works at

You are currently posting as FTI Consulting 1

For an SC, the threshold is basically 90% utilization on a monthly basis. So you get paid an extra hourly rate for each billable hour over that threshold. Def not as lucrative as A&M, but nice when are working longer hours and get some additional comp for it

2 reactions

4 months

You are currently posting as Senior Associate

That is definitely a nice perk. What hours per month do you guys use for 100% utilization? Any insight on typical base rate comp (MCOL city) and the extra hourly rate for the qualifying billing amounts?

4 months

You are currently posting as Alvarez & Marsal 1

Mentor

I wouldn’t want to work for a public company

2 reactions

4 months

You are currently posting as Senior Associate 1

He might be actually. OP, think about this if you plan on staying long-term

1 reactions

4 months

You are currently posting as KPMG 1

Pretty sure A&M bonus can be much higher than what FTI is offering

1 reactions

4 months

You are currently posting as Associate 1

Why didn’t you ask the recruiter

4 months

You are currently posting as Alvarez & Marsal 2

Mentor

Second this, skip the external recruiter. A&M recruiting staff are super responsive. Senior associate base is still 120

2 reactions

4 months

You are currently posting as works at CPA / Partner

Does anyone here work for a firm that doesn't track billable hours?

4 reactions

You are currently posting as works at Deloitte

How accurately do you guys charge your billable time? Not asking due to overcharging. Asking because too lazy to keep up.

2 reactions

You are currently posting as works at Tax Associate

What busy season? I ended this week with zero billable hours.

6 reactions

You are currently posting as works at PwC

this email though– "...busy season to be defined as 9/12 to 12/31. based on client needs, may extend to 3/31. seniors/staff 50-55 billable hours." bc 6 mo of BS should be acceptable... 🙋🏼🔫

10 reactions

You are currently posting as works at Business Technology Analyst

What are everyone's thoughts on firm activities/professional development work that you do outside billable hours? Anyone else feel that most are a complete waste of time?

7 reactions

You are currently posting as works at EY

15 minutes after the fire alarm went off at client building and as our team stands outside the building the first thing our SM tells the team- "remember all this is billable time."

68 reactions

You are currently posting as works at Deloitte

On the bench looking for billable work before my project starts.

1 reactions

You are currently posting as works at Tax Senior

Is RSM doing layoffs? I am hearing lots of "not enough billable hours" chatter.

1 reactions

You are currently posting as works at Deloitte

Deloitte folks, what is your year to date client billable hours ? Disclose your level as well please.

2 reactions

You are currently posting as works at PwC

If Donald trump works from Trump Tower two days a week, is he remote and WFH? As his client, I am not ok with that since his billable rate is really high.

7 reactions

You are currently posting as works at RSM

Billable time - I'm on a plane ride traveling for one client but working on the plane on a different client. Do you charge time to both clients for the time? If not which one do you charge?

1 reactions

You are currently posting as works at KPMG

It's 5 PM before the long break. Do you know where your billable hours are? Stay utilized my friend.

7 reactions

You are currently posting as works at KPMG

KPMG folks, if you log 8 hours as PTO on a given day and then also log billable hours on the same day, will that inflate your adjusted utilization %?

1 reactions

You are currently posting as works at BDO

Why do the charge hour requirements increase as you move up in BDO. As a manager the admin work is overwhelming and you want me to have even more billable hours then when I was a senior. #impossible

1 reactions

You are currently posting as works at Deloitte

Is loyalty a thing in consulting? Project leadership has been offering billable hours from the markup even though there's not much to do. Would it be bad if I leave for other opportunities?

1 reactions

You are currently posting as works at Deloitte

In need of some billable work to do.

4 reactions

You are currently posting as works at PwC

Is there a policy for charging billable hours on the weekend? Feel like I should be able to bill 1.5x+ for having to work on the weekend

4 reactions

You are currently posting as works at PwC

Partner: I've been sitting on a request all week. You need to stop billable work and put together this deck today. And be quick about it. Cool? I thought so.

4 reactions

You are currently posting as works at Marketing Director

Question: You're working as a freelancer. And have to travel for the job. Do you include those hours that you are traveling as billable hours or only the next day when the job starts?

1 reactions

You are currently posting as works at Deloitte

The anxiety doesn't stop. Project restricted to 40 billable hours, but have to work tomorrow because we just have too much to do. Overworked and underutilized. Eff me.

7 reactions

Additional Posts

You are currently posting as works at iTechArt Group

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2 reactions

You are currently posting as works at Betateam

test on 1.1.5!

1 reactions

You are currently posting as works at Merkle

My company is now displaying!

2 reactions

You are currently posting as works at iTechArt

Post for push testing

2 reactions

You are currently posting as works at Betateam

Testing a new post at 12:06PT 5.12

1 reactions

You are currently posting as works at Analyst

Any 🐟 knows Marakon?

2 reactions

You are currently posting as works at Deloitte

Ethical dilemma:Got interview in nyc & they told to book flight that they will reimburse. However, I can just travel there from client location and pocket ~$550. Leaning towards doing right. Thoughts?

4 reactions

You are currently posting as works at Deloitte

Accenture folks: where does the position "Junior Project Manager" rank in the hierarchy? Follow up question: what does the hierarchy look like?

1 reactions

You are currently posting as works at EY

Is it possible to lower my credit line? Just got approved for the CSR with a 50k credit line.

1 reactions

You are currently posting as works at Program Manager

Anyone ever started a job then a couple months later got a better offer? How’d you deal? How’d you explain on both sides?

2 reactions

a year

You are currently posting as works at Deloitte

Someone mentioned a good men's face wash for dry skin a few days ago - what was that?

You are currently posting as works at Deloitte

Actually found it hard to work today, thinking about the buffalo shooting and this senseless, murderous racism.

65 reactions

18h

You are currently posting as works at EY-Parthenon

Is it sad that the highlight of my career so far was traveling international (first class flight, food, etc) and I’m a senior manager 🥲

8 reactions

12h

You are currently posting as works at Deloitte

How hard is it to go from Oliver Wyman to MBB? Considering a switch..

1 reactions

You are currently posting as works at Business Analyst

Is it a bad time to buy a house in a super hot market like Austin?

2 reactions

13h

You are currently posting as works at EY

Thinking about switching to Accenture from EY. What's Accenture's expense policy like? Can you choose your own hotel? Breakfast, lunch, dinner amounts? Meal averaging if allowance? Per diem? Airlines?