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https://www.saviom.com/blog/billable-hours-consulting/
To state a billable hour example, suppose the contract of a ten-hour project states that 80% of total working hours will be considered billable. In this case, the client will pay the consultant for eight hours even if they have spent a total of ten working hours. Billable hours can be of any percentage value e.g. 80%, 90%, or even 100%.Estimated Reading Time: 9 mins
https://www.firmsconsulting.com/quarterly/billable-hours-strategy-consulting/
For example, a consultant can have 77% billable hours, 88% billable hours or even over 100% billable hours. The percentage of billable hours out of total working hours is called utilization and it is a key metric used in performance evaluation by the consulting arms of professional services firms like Deloitte and PwC .
https://promys.com/billable-labor-utilization-industry-averages-for-techs-engineers/
Jul 06, 2020 · The portion of the hours a technician or engineer works that are covered by Support Contracts or Managed Service Agreements will show up as “non-billable” hours, lowering the effective billable labor utilization rate for that tech or engineer in that time period.Estimated Reading Time: 5 mins
https://www.thebalancecareers.com/billable-hours-in-consulting-1286918
Jul 30, 2019 · Billable hours represent work hours that a staff member reports as being chargeable to a client. The concept is not unique to consulting, as a variety of professional services firms bill clients by the hour.For example, public accounting and legal services firms also traditionally bill by hours of staff time.Estimated Reading Time: 4 mins
https://www.michaeldkelly.com/blog/2017/1/29/billable-expectations-40-168-1800.html
Jan 29, 2017 · 168 billable hours in a month. Most consulting companies estimate that there are 168 billable hours in a month for each billable person. There's some fuzzy math to get to that number. But most reasonable measures will get you to something close to that. A quick example: 40 hrs per week x …
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