3 ms·
I spent much of my career billing hours though I had no incentive to be more than 75% or so utilized (i.e., 30 hours per week) however the firm had a system whe
by emeril 4y ago
I spent much of my career billing hours though I had no incentive to be more than 75% or so utilized (i.e., 30 hours per week) however the firm had a system where you would be minimally rewarded if you exceeded 100% utilization though it was difficult to guarantee hitting that threshold (e.g., if you were at 110% and the project ended before the end of the quarter and you had a slow week or two, you received zero bonus)
As such, I deliberately worked between 70% and 80% during my years there as it seemed only chumps went for the small bonus
Interestingly, I billed around $400/hour back then and they collected on pretty much all of it though I made about 10-15% of that rate personally...