Global hourly rates benchmark

A survey of 1,000+ professional services managers across the USA, the UK, and Australia covering timesheets accuracy, hourly rates, billable utilization rates, and more.

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Global hourly rates benchmark visual - Tribes.AI

Blended hourly rates

across senior and junior resources in professional services:

USD 231

in the United States

GBP 179

in the United Kingdom

AUD 202

in Australia

Global Hourly Rates Benchmark insight - Tribes.AI

Hourly rates insights

  • The gap between senior and junior hourly rates is the most pronounced in Australia and the smallest in the US. 

  • Lawyers & Legal Services have the highest average blended hourly rate in the US, Photography & Film in the UK and Banking & Insurance in Australia.

  • Based on these rates and an average of 21.5% of billable hours not being recorded, the average professional service firm loses roughly USD 51,000 per employee per year.


Additional report highlights

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Billable hours not recorded due to inaccurate manual timesheets

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USD 51,000

Revenue lost per employee per year across the USA, the UK and Australia

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Managers believe accurate timesheets = increased revenue 

Industries & countries covered

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Advertising & Marketing
Banking & Insurance
Construction & Design
Consulting & Accounting
Lawyers & Legal Services
Photography & Film
Real Estate (B2C, B2B)
Software, IT, & Support
Website & Hosting
Other Professional Services
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The United States of America
The United Kingdom

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