Operating Expenses Benchmarking Tool
- Regular price
Release date: August 2020
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The Operating Expenses Benchmarking Tool is a comprehensive Excel-based tool for firm leaders to make real-time decisions that impact firm performance and profitability.
The Operating Expenses Benchmarking Tool dynamic Excel file can be used to evaluate staff size and spending in the following areas:
- All overhead
Based on data from hundreds of AEC firms across the U.S. over a three-year collection period between 2017 and 2020, this tool is the new standard for firm leaders to benchmark their firm’s overhead staff and spending relative to total firm size and revenue.
The Benchmarking Tool will help you:
- Determine how many overhead employees are typical for your firm based on total staff size
- Benchmark your overhead spending in finance, HR, IT, and marketing relative to NSR
- Break down spending in each department to see where your firm is behind or ahead of the curve
- Analyze staff hierarchy in each department and how much labor expense is dedicated to these employees
This dynamic benchmarking tool is the go-to product for firms looking to benchmark organizational structure and spending distribution among overhead departments. With a stable plan in place for its overhead departments, firms can be confident in the capacity and productivity of non-technical staff and ultimately improve profitability in the present and future.