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https://www.morganmckinley.com/uk/article/comparing-working-hours-and-flexibility-across-sectors#:~:text=When%20asked%20about%20their%20weekly%20hours%2C%20the%20greatest,Services%20%2811%25%29%20and%20then%20Commerce%20%26%20Industry%20%289%25%29.
https://templates.office.com/en-us/Employee-time-sheet-weekly-monthly-yearly-TM04099166
Employee time sheet (weekly, monthly, yearly) Track regular and overtime hours worked on a weekly, monthly, quarterly, or yearly basis with this accessible employee timesheet template. This Excel timesheet template is sleek, professional, and makes ideal time cards for employees. Totals are calculated automatically.
https://www.morganmckinley.com/uk/article/comparing-working-hours-and-flexibility-across-sectors
Financial Services employees work most hours on a weekly basis When asked about their weekly hours, the greatest proportion of respondents from each sector selected 38-42 hours. The industry with the highest percentage of employees working 43+ hours every week was Banking at 14% , followed by Professional Services (11%) and then Commerce & Industry (9%).
https://www.replicon.com/blog/common-pitfalls-professional-services-organizations-avoid-33/
Faulty timekeeping and project overruns also reduce overall billable hours. While some billable hours must be sacrificed for essential business functions, such as admin work, planning, R&D, etc., there are some other pitfalls to be aware of. Here are some of the common challenges around billable hours that all professional services firms ...
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%.
https://www.businesstoolsstore.com/strategic-planning-finance/finance/professional-services-billing-timesheet-excel-template/
The Professional Services billing and timesheet Excel template incorporates the following features: Records Employee name, Dept., Staff No., Date, Week No., and Standard Billing Rate. Records time worked by Date, Client, Project No., and Activity Code. Actual hours are calculated from start and end times entered.
https://blog.beyondsoftware.com/the-importance-of-measuring-utilizationrealization-success
Most professional services organizations use 2080 hours as the traditional number for Total Available Hours (where 2080 = standard 40 hours per week * 52 weeks in the year). The next most common number is 2000 Total Available Hours (where 2000 = standard 40 hours per week * 50 weeks in the year).
https://www.procore.com/professional-services
Includes 4 months of Implementation Manager (IM) services with weekly implementation calls, up to 15 additional Consulting Hours, up to 2 Days of On-site Training*, access to Strategic Product Consultants, and strategic planning. * On-site Training is temporarily not available due to the COVID-19 outbreak.
https://www.michaeldkelly.com/blog/2017/1/29/billable-expectations-40-168-1800.html
The most basic magic number is the 40 hour work week. This one likely doesn't need much description for where it comes from. It's eight billable hours in a day, five billable days a week. If we were a staff aug firm like Anchor Point, the expectation would be 40 billable hours minimum - no exceptions.
https://www.afr.com/companies/professional-services/40-hour-weeks-big-four-bosses-defend-junior-staff-hours-20191217-p53ku2
“By our records the average hours worked per week across the whole year – that includes the peaks, time off and all of that – would balance …
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