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Because this is America who cares about work life balance
The same reason vacation hours aren't discounted from your pay.
Because your metrics already account for you taking your PTO and still meeting those metrics using the current calculation. Or at least that's the story.
@PwC1 your math is inaccurate 40*52 =2080. The only thing discounted is firm holidays(14 days or 112 hours). Everything else including sick days affects utilization
One of the reasons I left to join a place that doesn't count against utilization
@D2 that is not true at all. You can do the math and see for yourself. @SA1 what firm is that?
They do. That’s why you don’t start at 2300 hours/year...
40 * 52 = 2080 + 20% Hours over standard = 2496 - 80 vacation = 2416 - 112 closures = 2304... Expectations memo usually includes hours over standard expectations, too, no?
You are all wrong. The utilization % is based on 2k hours, that’s an international PwC standard in every member firm. 85% x 2000 = 1700 chargeable hours target. That’s all. If you add 50 or 500 hours on top of that 1700 for vacation, reinvest, bench time, whatever - it all doesn’t matter. 1.7k chargeable, that’s it
Firm doesn’t care about our utilization but rather the revenue driven from it. If we took vacation out of the denominator, utilization targets would just be raised to drive towards same revenue targets.
SA1, they indeed don’t do it, but their utilization targets are much higher. When I left ACN, the utilization target for a Consultant or Manager was in the upper 80s / lower 90s. At PwC it’s in the low 80s. So whether you include them or not doesn’t matter; how it relates to the target does.
West Monroe doesn’t count against it
Because the company doesn't give 2 figs about us
Accenture and cap don't do it
@pwc3 It’s 2080 hours. 40 hours a week by 52 weeks in a a year. This is a fact. Other than that we are saying same thing.
Your firm doesn’t want you to take vacation unless your on the bench.
PwC1 - are you only taking 80 hours of vacation? Aren’t we given much more than that?
Because junior roles at big 4 firms are easily replaceable. Churn and burn baby!
At EY it it’s not! PTO is deducted from the denominator for “effective utilization” which we switched to at least 7 years ago
@P5, being there 5+ years I have never seen a mandatory utilization target. I heard 90s for analysts but nothing official is published to staff. Even sitting in ratings meetings at the client level, we only discussed performance, not metrics