{ "media_type": "text", "post_content": "Is utilization just a tax thing?", "post_id": "5873cb1358b2cf00105f18c4", "reply_count": 21, "vote_count": 3, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

Is utilization just a tax thing?

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Fuck utilization

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We have it in advisory

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Please my utilization is 30% lmao but we heading into busy season so it'll go up. Just no work to do 🙄

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It's funny how we're judged on utilization even though it's a metric we don't control

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Haha yea thanks ya'll. I'm just curious since in tax everyone makes it seem like utilization is a life and death matter lol

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I got bumped down from a 4 rating to 3 for low utilization. But like Audit Senior 1 said, if they want to give you the short end of the stick they can always just use utilization as an excuse.

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Lol my utilization is in the 20s% somewhere going into busy season. It's completely out of my control so IDGAF.

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^ same boat bro? What group you in ?

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We have it in audit

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They've used low utilitization to let some ppl go. Not sure how much a high utilization rate would help though.

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@CH1 that sucks. Utilization is used for promotions and bonuses for us. My 105% utilization was on the low end last year.

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Lol that means I might get booted/no bonus/ no promotion 😂 im exceeding every goal so far oh well

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@CH1 thats awful. Our utilization is based over 40 hours regardless of total hours. 40 hours chargeable + 10 hours other is still 100% util.

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Tax

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Department? DSG

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Is it also one of the main metrics relevant to your performance/promotion?

Our utilization is annoying, it's out of all the hours we work in a week. So if you're chargeable 40 and only write 40, great, 100%. But If you work 40 and log 45 because 5 hours are travel, your utilization is 88%.

I'd say utilization matters quite a bit in end of year performance discussions for associates, and less as you move up the chain. Basically just due to the fact that there are fewer differentiators at the associate level, esp as a new associate

The grease that makes public accounting turn

That's interesting I think ours mimics CH

Related Posts

It's beginning to look a lot like...extra hours because Utilization.

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Advances in dry shampoo have made it entirely too easy to say "fuck it... I'll shower tomorrow" after getting 4 hours of sleep in the name of a deck that will be under utilized.

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Yo momma so fat her standards are lower than my utilization rate.

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Nothing gets me juiced like passing some schmuck on the utilization report.

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First year BTA and I have 55% utilization and am still on the beach. Am involved in tons of initiatives and have constantly reached out to projects on GSS and just never hear back. How screwed am I?

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Is 80% utilization a problem at Deloitte if I joined in last September?

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Accenture Strategy Analysts - what's your utilization rate this year? I'm at 74%, been unstaffed for 8 weeks now and starting to get worried.

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Bumble an acceptable use of my utilization hours?

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As a new consultant... How attainable is the utilization goal in general? I know there are several factors but high level: do most people hit it?

Associate with low utilization lives in Central NJ asked to commute to CT for few weeks to work on a client. "I can't, it's too far." Ok, don't complain when you are 3 rated with no bonus #millenials

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How does PTO and Holidays affect the utilization calculation at your firm?

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Joining Deloitte on Monday. Sound like they want to send me to a few training bootcamps for analytics. Will attending these hurt my utilization rate, thus resulting in a poor end of year rating?

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Reasons I rarely come into the office. Overheard in the elevator: I'm so busy this week...I'm at like 70% utilization. Also, reasons why I hate non-advisory people.

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Been on the beach for almost 3 weeks and training next week. There goes my utilization! #kindofenjoyingbeachtimethough

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When you become OCD about your high utilization and don't want to take vacation

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Does PTO count against your utilization at your firm? Want to take all the PTO that I deserve but utilization is gonna suck 🙄

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What is the utilization rate based off of? 40hr/week? Or off of targeted annual hours (i.e. 2400 hours)?

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How do I check my utilization?

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105%+ utilization. 200hrs PRD work. Still a year end 3. What's going on!!

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So no chit there I was, in BFE standing around watching people work. #utilization.

Additional Posts

Yeah you're right. It cuts after two lines instead of expanding.

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How great would office emojis be in this app?

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Ah now it did.

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Do you see this post? 12:59am

Testing a new post at 12:06PT 5.12

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Posting from the top side.

Changed my company but it didn't update!

How does this sound?

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Graduated in 2019. My parents filed me as a dependent without telling me on their tax return - now I lose a whole lot of money ($3k+) because I can’t file as an independent individual. What’s the best way to rectify this? A 1040X is kind of slow and not reliable according to friends (the IRS can’t receive electronic versions) - is there a better way?

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Some thursday perspective.

Post Photo
likefunnysmart

Tips for declining but not really declining a project? Think I may have committed career suicide already...

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"Travis Kalanick steps down." Now that Uber doesn't have a CEO, COO, CFO or CTO, they may finally qualify as a self-driving car company.

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Pwc..thoughts on Salary for M2 in FS?

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For those of you leaving consulting for your MBA, what careers are you hoping to get into? Financially will you be coming out ahead? For many who leave I don't see the cost / benefit.

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Deloitte folks, what happens if you just sell / lose the corporate iphone you receive and keep your own personal iphone using the sim card you were given?

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How many people are dating other consultants? It's just so much easier not having to explain all the baggage that comes along. No pun intended.

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Traveling for the holidays, and greeted with Accenture transforming business ads in every airport terminal. If only the firm can be as creative in their client engagements as they are in their ad making.

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When applying for a new job, do you include your most recent bonus when they ask for your annual salary?

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Decided to move to out of consulting and accepted an offer. What's the best way to break the news to my firm? I am with firm D on the beach right now and on H1b

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Just received my annual raise, is it too soon to ask for more?

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