{ "media_type": "text", "post_content": "People on here are talking about billable hours and utilization... are those things that are tracked on an individual basis? We do it as a firm aggregate and thought that was the norm, but seems to be that it might be tied to specific people at other firms?", "post_id": "608c62b6f676d50021a0e9a7", "reply_count": 11, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

People on here are talking about billable hours and utilization... are those things that are tracked on an individual basis? We do it as a firm aggregate and thought that was the norm, but seems to be that it might be tied to specific people at other firms?

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Yep and yep; most firms outside MBB do it at the individual level (so you’re not really incentivized to be on the beach)

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Or if you're at Deloitte, PTO, firm holidays, training, and bench time all count against utilization. Super fun especially when you're on capped GPS projects!

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Not only do they have to worry about their individual utilization, they have mostly ineffective resource managers that do little to nothing to help with staffing. Most of the firms will therefore tout a pithy like “own your career” which means network and 💋 ass to find your project.

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This happens at Accenture and it's a nightmare. The worse part is when projects don't give you a charge code for BD (despite fighting for it) and it comes back to reflect badly on you during performance discussions

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Variable based on the firm. Deloitte, for example, tracks it individually and it's a key performance metric. Booz Allen, on the other hand, does track it individually but it doesn't really become a performance metric until you're at the senior associate (senior manager) level on up and then it's a team metric, unless things have changed since I left. The regional firm I'm at now, conversely, doesn't track utilization at any level.

Oh my god sign me up. I would die for like, one effing time period without having to fret over utilization.

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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?

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What happens if you don’t hit your billable hours? I am a first-year that had a very slow February and slow start to March. I’ve been reaching out to various teams for work but things seem slow now & I’m worried that I’m not going to hit my 1800 target.

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I’ve never worked at a firm, only public interest and have no idea how to do billable hours.

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What is adjusted utilization?

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Thoughts on the utilization spreadsheet?

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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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Welcome to Whose Job is it Anyways! Where the deliverable is made up and the utilization doesn't matter.

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

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GT NY Folks- Tax A1 here, any insight on round tables for first year’s? People have said they generally never fire A1’s, is that true? Utilization is low so a little concerned.

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How can utilization encourage efficiency? I have a 30hr code and I finished the work in 5hr. If I charge 5, the write up gives credit to the partner and my utilization suffers.

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What is difference between "Vehicle Maintenance Allowance " and "Car Allowance"? I have both components in my CTC breakup under basket of allowances. Can any of these be somehow utilized for reducing tax liability?

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What are average billable hours for L&E attorneys? TIA!

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I’m just starting up as a freelancer after years of being a full time agency employee. Any big watch outs before finalizing my contract? What about frequency of invoicing and defining billable time? Any guidance on freelancing dos and don’ts is much appreciated.

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Real talk: does anyone else find all the bragging about super high billable hours kind of sad? There is more to life and it just reads like life not being lived. 😔

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