Dublin, Nov. 10, 2023 (GLOBE NEWSWIRE) -- The "2023 Operating Expenses Benchmarking Tool for the U.S Architecture, Engineering & Construction (AEC) Industry" report has been added to ResearchAndMarkets.com's offering.

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 Driven by Data - Operating Expenses Webinar is included in the download.

The 2023 Operating Expenses Benchmarking Tool for AEC Firms 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

The Operating Expenses Benchmarking Tool dynamic Excel file can be used to evaluate staff size and spending in the following areas:

• All overhead
• Finance/Accounting
• Human Resources
• Information Technology
• Marketing

Based on data from hundreds of AEC firms across the U.S. over a three-year collection period between 2020 and 2022, 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.

For more information about this report visit https://www.researchandmarkets.com/r/8slb4y

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