August 13, 2020

stay billable my friends

Deloitte Australia COO Begs Partners to Stay Billable

“Please, please, please partners. Bill now. We need another billing month like March if we are to continue [the upward cashflow trend].” — Andrew Griffiths, chief operating officer of Deloitte Australia, during a Zoom meeting with partners on April 15. The firm’s overall utilization rate dropped from about 71% in the last week of March […]

Marcum Temporarily Going to 40-Hour Workweek, Except For You New York City Folks Who Are Not In Tax

If you need another example of why public accounting firms get a bad rap for being more concerned about dollar signs and clients than their employees, that they’d rather their capital market servants be billable than healthy—both physically and mentally—look no further than this email sent to Marcum’s New York City employees on March 19 […]

The Obvious Link Between Inadequate Staffing and Stress Explains Why You Hate Your Life

Have you experienced workplace stress at any point in your career? In the last year? How about the last month? Or perhaps today? CGMA Magazine reports that stress at work is most often caused by a familiar factor. Understaffing: One-third of professionals frequently experience excessive pressure at work, according to a global survey by Towers […]