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PwC Reviews

5,186 Reviews
3.6
5,186 Reviews
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PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
1,076 Ratings
  1. 4 people found this helpful  

    Great benefits, great employees, low pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Risk Assurance Manager in Tampa, FL
    Current Employee - Risk Assurance Manager in Tampa, FL

    I have been working at PwC full-time (more than 8 years)

    Pros

    PwC is a great company. They care about their employees, and you truly are more than a number. Their maternity benefits are unbeaten (12-14 weeks fully paid, plus your vacation. The option to take up to 6 months off), we receive unlimited sick days, and 5 weeks of vacation, all of which are great for a working mom. They also offer the option of working a reduced schedule, so I have many coworkers who do not work Fridays. They are truly trying to promote flexibility, but the results are mixed depending on your client and the engagement team. My experience has shown that teams are very understanding of the need for flexibility, as long as you are willing to make up the hours at night or on the weekends. So flexibility may mean leaving at 4 for a soccer match, but signing back on at 8 and working until 11. Or working from home, but still putting in a 12 hour day.

    PwC only hires top performers. So as a whole, you work with very intelligent, capable, and hard working team members. You also are generally expected to perform at one level above your position, which pushes you to succeed and grow.

    Cons

    The biggest negative is the salary. As a manager with 8 years of experience and consistently high rankings in annual reviews, I am still not making 6 figures (close, but not quite there). I know in certain markets the pay may be higher, but in the smaller markets, it is pitiful, particularly for the hours we work and the level of responsibility and pressure that we manage.

    Additionally, PwC tends to have a sink or swim mentality. They advocate coaching and real-time feedback, however, when everyone is strapped for time, you only get so much attention from those above you. Therefore, it is common to feel like you are drowning and no one throws you a life raft until you are already under. This is a direct result of being consistently understaffed, and while I would like to say that this is a temporary concern, we have been severely understaffed in our market for the past 4 years.

    Also, our the cost of our health insurance is ridiculous. I pay $700 a month for my husband, myself, and one child. I could get better rates purchasing individual insurance on the health exchange.

    Long hours are the norm, however, that is generally understood by anyone coming to work in our industry. Taking vacation can be difficult, and the culture is such that you will continue to take phone calls and respond to emails on vacation. However, again, that is typical in our industry, and so I consider that less of a con, and more of a necessary evil.

    Advice to ManagementAdvice

    Profits have been exploding over the past several years, pass the rewards down the line. Also, hire more people. If you continue to leave engagements severely understaffed, quality will suffer and you will continue to lose good employees.

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