Days to Billing for New Hires in Professional Service Firms

Days to Billing for New Hires in Professional Service Firms

Boutique pro serv firms are constantly hiring, whether due to growth or attrition. A new hire on the bench eats into profits. A new employee billed out adds to profits. Therefore, getting new hires billed quickly impacts the P&L significantly.

Small firms (0-25 employees) get new hires billed out ~2x faster than larger firms (100+ employees).