{ "media_type": "text", "post_content": "I've been in the world of consulting for several years; amazed at how much more analysts and others feel the need to be constantly utilized. Seeing posts about how holidays impact the metric (cont'd)", "post_id": "5956cc25408736001051d492", "reply_count": 5, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

I've been in the world of consulting for several years; amazed at how much more analysts and others feel the need to be constantly utilized. Seeing posts about how holidays impact the metric (cont'd)

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...Disappoints me. Utilization is one of many factors towards your success in this job. If you want to be worried about something, let it be that of building a network or finding true coaches who'll guide you/stand by you, and find work that you genuinely enjoy doing. Fretting over one metric that in many cases most of you don't control seems unnecessarily stressful to me. What am I missing? #LiveALittle

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OP what you said is true but the fact remains that in this day and age we may not have that luxury in most cases. Competition is fierce, margins are razor thin and the firms are looking to cut the fat where ever they can. I'm willing to forego, in some cases, my career interests just to make sure I stay billable and therefore employed.

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Because that's at least 80% of your YE rating....

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#Abilibillity #HouseOfLiesReferencesRock

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Faster

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Related Posts

Partners, can you help me understand why top performers are sometimes let go? People with great utilization and snapshots. How can we protect ourselves from this fate?

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Deloitte peeps.. when is the cutoff date for utilization that will be counted for our YE review?

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Expecting in few months and have the option to opt out of performance eval this yr.Have really low/negligible utilization, I did everything I could but could not get staffed. How will this affect me?

For utilization, if the denominator is fixed to 2080 (40 x 52), there is no way you can be a 100% utilized even if you're staffed throughout the year and bill 8 hours per business day?

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“You need to work more hours to increase your utilization, but be mindful of the hours you’re charging. We need to be efficient with the budget.” Oh... ok.

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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?

Anyone in DT think that the utilization reports with everyone's name they send to all seniors and above is just a obnoxious shaming tactic ?

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New ToD home screen. Where did the utilization metric go?!

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What time frame is used to measure our utilization metric? I'm pretty sure it's not our fiscal year, but sometime around April '16 - March '17?

Why does Deloitte's utilization calculation take 52 weeks x 40 hrs as the denominator, what about firm holidays?

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What’s good utilization to be at? I started January 28 and have 98%

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Have a counselee and utilization is below target ~5%. She was told reduce billable hours for a month which is obv when looking at time report. Ok to mention this as explanation during Y/E? (Cont)

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Worked really hard on some work only for it to be discarded/not get utilized. Super demotivated right now...how can I change my mindset to feel better?

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Snuck out of work. Turned off my phone. Just bought tickets for Avengers: Endgame. Fuck utilization

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Consulting firms, how does your company use utilization as a performance metric? And what are your targets (e.g, Junior practitioners vs senior)

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Deloitte 🐟 - is there something on DNet to find out how exactly is our utilization calculated?

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I️ don’t want to be tied to a single technology and would like to have a breadth of experience and freedom. Although it seems the only way to get utilization is through a single tech piece. Continued

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Has anyone utilized WF brokerage account? Looking for an account where I could do both Mf/ETF as well as stocks and this seems to be a good option with low fees.

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Are utilization targets strict at every consulting firm? I know we complain a lot at Deloitte but I’m not sure if it’s the same everywhere

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When does fy18 utilization start? May or July?

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Additional Posts

I have a virual interview this week and first time interviewing during the pandemic. What's expected for attire; suit or business casual? TIA!

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Ok. I have the sapphire reserve, but wondering do I get more with the spg in the hotel space. I also need a cash back card ... which one is the best 🐠's?

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Any recommendations for hotels near Google's San Fran office?

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How difficult is it to exit to a well-paid finance job in Europe? (PE/AM/HF/CD). And where would you even start to look for one? I really want to get out of the US

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Tired of grinding for KPMG that continues to be in the news! Tired of giving my health, my weekends, my memories of my kids away for a firm that barely pays and pushes partnership farther away w/ MD

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Pray tell are there Wunderman Thompson folks here? Applying for a job & looking to see who I should directly reach out to.

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Hi, I am looking for Research Analyst job in Mumbai. Please refer me if there is any vacancy available. I am working as Research Analyst in Merit Software Services and have been laid off due to pandemic situation. Any help is appreciated.

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Does anyone have agent contact info who can book visa appointments in India?

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Digitas half of your management isn't suited for the role and has no earthly clue what they're doing. What. A. Mess.

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Anyone know the top of the range for senior consultant at EY in their Healthcare practice?

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If we can expense things like cell phones bills and internet costs, why can’t we expense therapy copays for abusive managers?

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I heard WK laid off 50 people this week ? Surely this can't be true . They're indepdent and can think long term

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Confession - I don't want to go back to office. I'm happy working from home and find no solid reason in stepping back. I hope the flexi work culture allows permanent WFH - I don't have a "good enough" reason, but I don't want to go (isn't this good enough?) It's been 1.5 years now, too comfortable to step out from my PJs to jeans.

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Currently a teacher but looking for a career move. What are jobs that a teacher can move to without having to go back to school? Everyone says don’t leave because the benefits are good but when health, dental, and vision rates are rising constantly and I could do my own retirement plan in a different field I’d argue the benefits aren’t something to keep you in a position any longer.

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That time when all your kids are sick, you are in between homes and you get laid off. Should have gone down another road when that black cat crossed my path last month.

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How's boeing india work culture?

I applied for Chase Reserve credit card but was denied for insufficient credit history (3 years). Any other great travel credit cards I may have a better shot with? Thanks!

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Got an interview with McKinsey for Associate position. Currently reading Case in Point and will try the online week case course. Any advice on what to focus on? I have a BS in Finance and MBA, so familiar with some cases related to business. Also, does anyone want to practice cases on Teams / video chat around mid Feb?

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Client requested more than 3 ideas but less than 5. 🤔🤔🤔🤔

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