February 26, 2025 - 22:34
A comprehensive report detailing business performance metrics for architects and engineers has been published, providing valuable insights derived from client data. This annual benchmark report offers a wealth of statistics that are crucial for understanding the financial health and operational efficiency of firms in the architecture and engineering sectors.
Key metrics highlighted in the report include net revenue per full-time employee, which serves as a critical indicator of productivity and profitability. Additionally, the report addresses net cost per full-time employee, helping firms analyze their expenditure against revenue. Utilization and realization rates are also featured, offering a glimpse into how effectively staff time is being converted into billable work.
Moreover, the report discusses the average time to payment, shedding light on cash flow dynamics within the industry, and provides insights into salary trends, which are essential for attracting and retaining talent. This data-driven analysis aims to empower firms to make informed decisions and enhance their business strategies moving forward.
