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Still cannot believe I gave in my 2 weeks
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Best year was the one I quit
Chargeable doesn’t always equal billable-
But still cannot understand why leaders want insane hours from their people. At some point it seems like a competition as to who can charge more at the expense of their lives.
2100-2200 all levels (staff to senior) inclusive of travel which would have been around 100-150 roughly.
Goal was always 1800. Never an “hours guy” but the work required, and I never “ate” or “over billed” hours just charged as incurred.
2500 hr last year
Just wondering why can't public accounting firm can employ sufficient headcount so that everyone works only 2000 hours, similar to the industry standard, that way retention ratio would increase and people would be happy too.
They don't want retention to increase. The attrition is intentional.
Based on my average engagement ERP and my standard cost per hour, I made the firm about 300-310K that year. 😅
Total hours 3100 chargeable 1100 partner
1800-2000. Most assurance are in or above that range. My highest was 2500
Because that will lower profits. Why change that when it works?
I charged 2,197 and was over 100% utilization for only 4 months.
I ate between 250 and 300 hours.
2150 is my peak
I charged 2500 hours my last year as a senior.
if you know your cost rate per hour... not getting paid enough!
121% for this fiscal.
And as a reward I get shit on by the new process called lead that's going to just fuck me I can feel a job hunt on the horizon
1950 is my goal. Last year I was around 1850. This year with a ton of rolled over PTO as well as having another kid, I’ll be lucky to crack 1600.