salaried folks: how does your firm calculate your utilization target? My firm calculates as follows:
52 weeks * 40 hrs/week = 2080 hrs/ year
* 55% util=1200 hrs target. Is this standard?

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No utilisation targets here 🤗

likesmartfunny

They don’t deduct PTO? Might not matter because your targets are pretty low IMO

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PTO impacts our utilization. Our target is 100% lol.

funny

Same calculation but mine is 90% with PTO deducted.

EY seniors are 97% with PTO/vacations/holidays deducted. I think it comes out to 45 weeks of billable hours

52.4*40=2096 minus holidays 104 hrs. No deduction for vacation.
Deloitte was a base of 2080 and no deduction for holidays with a target of 90%

LOL brutal

Super low. You good!

Generally holidays are also pulled out of the denominator (which is somewhat dynamic)

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