Transaction Services: Number of hours? Billable hours?

Hi everyone,

I have a questions for all your TS FDD professionals.

I was wondering if there is a big difference between the number of billable hours for TS professionals by country.

The reason I am asking is because I spoke with someone from another country who was shocked over how much TS professionals in my country work.

Maybe you can shed some light on your average billable hours per year?

My: Country/region: Scandinavia Firm: Big 4, TS FDD Title: Manager Billable hours: Average c. 1,600 since I started nearly ten years ago.

Other countries I know:

Country/region: Netherlands Firm: Big 4, TS FDD Billable hours: Average 1,300 for people up to Manager level

3 Comments
 

It depends on the # of holidays and vacation days a country has. For example, Europe does 2-4 weeks of vacations in the summer, which translates to 80-160 hours less per year. Generally speaking the US has more billable hours but people get paid more also, so it evens out

 

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