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Research Outline
Prepared for Jeff D. | Delivered November 12, 2019
Average Working Hours
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Goals
To understand how the work weeks of consulting firms, creative agencies and technology companies compare, information is needed on the average hours these types of businesses work.
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Early Findings
Consulting Firms
According to this article, official work hours at consulting firms may be from
9:00 a.m. to 5:00 p.m
. However, to meet deadlines, consultants might work 50 to 80 hours a week.
According to this survey, "
77% of consultants
in the top of the market" work longer than they are paid to, on average this amount is 9.3 hours longer per week.
This differs per type of consultancy. In strategy firms, 1
00% of consultants
work over time and on average they work 20 hours longer per week.
In the big 4 firms,
88% of consultants
work over time and on average they work 10.3 hours longer per week. In technology firms, 77% of consultants work over time and on average they work 9.4 hours longer per week. In mid-sized firms, 77% of consultants work over time and on average they work 8.8 hours longer per week.
In large firms,
76% of consultants
work over time and on average they work 8.6 hours longer per week. In boutique firms, 67% of consultants work over time and on average they work 9.3 hours longer per week.
This source
provides information on the average hours worked per week in 30 consulting firms. For Boston Consulting Group, consultants work on average 64.4 hours. For Oncology Solutions, consultants work on average 75 hours per week.
For Bain & Company consultants work on average
64.6 hours per week
. For Mars & Co consultants work on average 61.7 hours per week.
Summary of Findings
The approach for the initial hour of research was to find statistics on the average working hours in consulting firms.
Information was found on the average working hours for different types of consultancies as well as the average working hours for different specific consulting companies.
There was insufficient time to search for information on the average working hours for creative agencies and technology companies.
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