Client service hours are 1,950 for staff, 2,000 for seniors, 1,900 for managers.Īnd that, ladies and gentlemen, is merely one of the reasons I’m a sole practitioner. The number of columns is easy to manage, and the timesheet will show: total work week hours. The daily work hours add up at the end of the row. For tracking by week, applying Excel templates seems a perfect solution. The post on Deloitte hours also has a spreadsheet someone sent in that shows target for total hours of 2,400 for staff and seniors and 2,500 for managers. Template 1: Excel weekly/biweekly timesheets. That puts the overtime expectation at about 300 hours for staff, 400 for seniors, and 500 for managers.Īt Deloitte the chargeable hour goals are: Here Are Ernst & Young Chargeable Hours Goals for Fiscal Year 2012Īnd Now, Here Are Deloitte Chargeable Hours Goals (Assurance)Įrnst & Young (data reformatted and condensed so I’ll put it in quotes): Do some simple math and figure out if you’re making enough revenue to cover your salary.Going Concern blog has some posts up on the targets for billable hours at some of the Big 4: Making Money For Your Company?Īs someone who bills hours to clients your job is to make money for the company you work for.
You probably take off two weeks per year for vacation and you probably lose another week’s time with Thanksgiving, Fourth of July, Christmas, etc.Ĥ9 weeks x 31 hours = 1519 hours you’re probably required to bill clients in a year. Minus Holidays and Vacationīut the reality is you’re probably not working on many holidays. We surveyed 100 companies and found that most service-based companies that bill hourly require employees to bill at least 31 hours per week.ĥ2 weeks x 31 hours = 1612 required billable hours by most companies in one year. Employer Expectationsīut the reality is you’re probably not billing a full 8 hours per day. If you do the math, 260 days x 8 hours per day = 2080 billable hours in a year. A typical workday in the United States is 9:00am to 5:0pm, giving you eight hours to “work.” Total Billable Hours in One Year
Here’s a list of what other countries require as mandatory days paid off for employees. In the United States we have zero days paid leave required by law. These 365 days yield 260 weekdays and 52 weekends. Like all creatures on Earth, you have 365 days in a calendar year (except a leap year).
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