Man, I am so tired of the whole concept of timesheets, billable hours, utilization, etc. that is public accounting.

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ok real talk can someone explain to me why people say the engagement loses money if I spend too much time on it and go over budget? because it's not like i'm seeing the money for the extra hours... does it have to with opportunity cost where I could be scheduled elsewhere because it's not like I don't have to still do whats assigned on my schedule, so what gives? why does it matter if I want to spend more time on a project. assume im crazy and want to work more so forget all the burn out and mental sanity answers.. thats my business. I genuinely don't understand this and its not like im bad at numbers (per performance reviews) and this cant be that much of a hard concept even for a mediocre accountant like myself

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This is why I started my boutique firm where we don’t keep track of time, etc. Our jobs are all fixed fee, upfront priced and scope well defined. We schedule our people accordingly and basically the “overtime” they aren’t paid for is their discretion essentially going above and beyond for the client. The inherent nature of accountants is to get things more - perfect so our clients are thrilled as they are always getting a little extra. Our staff is happy because they aren’t getting told they have to stop short of doing a job they are proud to deliver. We charge a premium and don’t lose any clients unless their business changes and we are no longer a good fit. We are very niched and specialized.

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Yup

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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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We stay until 8 or 9 everyday and then at the end of every week my manager tells me to book only 40 hours. It sucks ass and now I have to explain to my counselor why my utilization is so pedestrian...

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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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I'm 6 months old at D! Planning early promotion next year.. counselor and pm both are backing me.. I need to go to India for at least 4 weeks in Dec ... most probably would be rolling off from current project by then .. would this vacation hurt my promotion chances coz of utilization etc?

Is it just me or the average billable work in infrastructure transactions has blown off steam in the last couple of weeks?

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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Any insight into Jackson Lewis NYC office? Compensation, billable hours, WLB? I would be a 2-3 year

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How many billable hours do people in prosecution tend to average each month? I’ve gone through waves of feeling like my billable hours requirement is reasonable to feeling like I’m drowning and can’t possibly do it for that long.

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I currently work at a medium sized firm and have about two years experience in personal injury litigation. The billable hours and lack of work life balance are really getting to me and I am looking to switch to something else out of litigation, preferably in house. I am also looking to relocate to a different state. How do I go about properly marketing myself to companies that might not take my relocation and minimal experience seriously?

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Did the billable hours bonus not get paid out today? Or is it to be paid in the next check?

Mental health is busy, looking for tips to help manage tasks, currently I supervise 12 therapists in 3 different departments that are all different with unique dynamics in each dept. I still carry a small caseload on top of this. I'm struggling with my patients and worry I am not giving them my best, I wax and wane between focusing on patients and therapists. Looking for advice navigating this type od conversation with my leadership, we have all been asked to work on increase billable time...

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I had one of those VERY nonproductive days today. I think I accomplished maybe an hour of billable work, even though I had a bunch of stuff to do. I just came off a 300 hour month, and unexpectedly got a continuance on a deadline on Wednesday, and it’s like all of my motivation leeched out of me at once.

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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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I heard so much about minimum billable hours here by staff. I never saw that email. Is it inly for certain groups?

There is almost nowhere to find reliable bonus information on Canadian firms. I’ve heard of year end bonuses ranging from 10-50% this year (not including Covid bonuses). Let’s start a thread posting year of call, rough billable hours worked and bonus as a percent of salary.

5 year call. 1850 hours. 10%.

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 ???

So, what happens if you miss your utilization/billable hour target by like 70-150 hours? Tons of "impactful" PRD work

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What were some challenges y’all faced this week?

I’ll start. Trying to get non local resources utilized. National Leadership thinks this is the answer to our problems but local leadership is hesitant.

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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Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

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Anyone working in Pune?@Stefanini

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Affordable PG for Boys

Shared accomodation available in 3BHK
Location: Pimpri Area (Pune)
Landmark: Pimpri Station Rd

*DM for details*

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To reduce attrition, The Great Tata Consultancy Services has discontinued the udemy courses from it's learning platform.

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Maybe this is the socialist in me but shouldn’t Moderna and Pfizer waive their patent exclusivity for their Covid vaccines? Don’t we have a moral obligation for the world to vaccinate as many people as quickly as possible?

It blows my mind that many countries won’t be able to vaccinate most of their people until 2023. There should be access to vaccine generics

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I keep watching Schitt's Creek reruns now and then. It makes me feel warm and mushy, but also super lonely. So tired of being perpetually single. I know it's been posted about here a bunch of times before but it still sucks. Venting and knowing you're not alone, helps a tiny bit. =) Also does anybody else thing Patrick is essentially just a 'too good to be true' fantasy boyfriend Dan Levy dreamed up and put on the show?

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I am working as analyst in kgs consulting team with total 5 years of exp. I have got an offer letter from accenture with 10lpa + variable. The role is of senior analyst in technology side.
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Just crafted a wonderful email to the client detailing information on how much tax they aren't gonna pay, all I get is "thanks".

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Matter likely to receive media attention

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Did someone get fired in the new manager training in Orlando after getting drunk?

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We stay until 8 or 9 everyday and then at the end of every week my manager tells me to book only 40 hours. It sucks ass and now I have to explain to my counselor why my utilization is so pedestrian...

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Thinking having a 24’ HD and a 28’ 4K monitor setup. Is 4K for excel not necessary? How about 28’ monitors?

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