PwC

  www.pwc.com
Work in HR? Unlock Free Profile

PwC Reviews

Updated Jul 26, 2014
All Employees Current Employees Only

3.5 4,745 reviews

89% Approve of the CEO

PwC US Chairman & Senior Partner Robert Moritz

Robert Moritz

(919 ratings)

78% of employees recommend this company to a friend

Review Highlights

Pros
  • No work-life balance during busy season because the nature of assurance work (in 237 reviews)

  • It is a great place to start your career if you want to stay in accounting (in 116 reviews)


Cons
  • Also work life balance is very difficult to achieve until it gets to the problem stage (in 803 reviews)

  • Long hours during busy season but thats to be expected at any audit firm in the city (in 787 reviews)

More Highlights
455 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    The Future of Administrative Jobs

    Administrative Assistant (Current Employee) New York, NY

    ProsFor current employees, excellent benefits include vacation, competitive salary, 401Ks, and flexibile work arrangements.

    ConsAdministrative Assistants are not treated as part of the company, and are in a separate group. In any case, the company is no longer hiring new permanent employees and will only use temps or one-year contractors instead. Other support roles have already been outsourced. The requirements for newly outsourced admin jobs is steep in terms of skills, but the jobs mostly entail using PwC-specific databases, which take 6 months or a year to learn. By that time, the new person will be out the door, and may not have had much opportunity to use the great (and transferrable) skills they needed to get hired. It's only worth it for people who want a temp job, possibly while looking for a permanent job somewhere else.

    Advice to Senior ManagementAs a permanent admin employee now trying to get things done with staff in outsourced areas, the job is more difficult. Things that used to take one request and would be accompished within a week now take multiple requests and may take months to accomplish, if ever. It will get worse as the admin jobs themselves are outsourced. Outsourcing is not attuned to the long-term strength or even continuance of the Firm. As the loyalty of the Firm to its people erodes, the loyalty of people to the Firm has correspondingly eroded. The Firm is not too big to fail, but ultimately it can't succeed without committed people.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Big 4 servitude

    Audit Senior Associate (Former Employee) Columbus, OH

    Prossome camaraderie and chance to see how different companies operate

    Conslong hours, weird accounting people, slow growth, and clients hate you

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    No Work-Life Balance

    Risk Assurance Senior Associate (Former Employee) Chicago, IL

    ProsDecent salary, ok benefits, energetic staff.

    ConsLong hours and weekends are the norm. The flexibility they preach does not exist.

    Advice to Senior ManagementBe more transparent with regards to expectations and understand the physical and mental limitations of one human being.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Good place to start your career but very stressful environment

    Audit Senior Associate (Former Employee) San Jose, CA

    ProsIn terms of learning curve, if you are smart enough to figure out by yourself, it is very steep. You will learn a lot in a very short period of time but not necessarily in details. Still, you will experience lots of stuff in Accounting, so you can get a general picture of Accounting concept really quick.

    ConsVery inefficient structure and the quality of people you are dealing with is very extreme. Only half of employees is smart enough to get the job done but the other half raised a question how they even got the job. Very high-turn over, so always lack of resources and they just bring people from Singapore. Top-down culture is very exhausting and some managers treat you as almost like a work slavery. No weekend, holidays, or vacations. Lots of health issue can come up because you don't have any time to exercise or take care of yourself.

    Advice to Senior ManagementTreat your associate better. If manager is not qualified, the senior management needs to step in rather than just watching over the associates are suffering from managers. If the senior management doesn't change the culture, you cannot stop the high turn-over rate. Bring people from Singapore will never be a solution.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    poor opportunity management and transfers to other groups

    Audit Associate (Former Employee) Los Angeles, CA

    Prosgood for your resume and branding, depending on group etc

    Consassurance group is extremely ungrateful for work performed. feedback is based on sloppy metrics. hours are insane and dangerous at times.

    Advice to Senior Managementprovide better opportunities for staff. start making busy times more manageable and realistic.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Terrific Reputation, Mediocre People and Work

    Experienced Associate - Advisory (Former Employee) New York, NY

    Pros-Good salary with little education
    -Good 401(k) plan
    -Can provide a lifelong career for those interested

    Cons-Lots of mediocre people better at BSing than actually producing
    -Very little reward for or promotion of higher education - the company is largely run by "good ol' boys" with little attention to critical thinking or forethought
    -Easy for incompetent people to succeed since the firm is so large - very little focus on talent
    -Constant ethical ambiguity brought on by a constant drive to expand - regularly aids and abets tax evasion by corporations and HNWI
    -Constant travel, with no policy or avenue to promote local work or general work/life balance
    -Perfect example of why consultants are nowhere near worth the hype, and certainly not the rates they charge
    -Numbered review system done firm-wide by panels that reviewees are never allowed to meet - a completely dehumanizing and faux-objective process

    Advice to Senior Management-Stop pretending you're a hip tech firm that cares about its employees.
    -Rework consulting model to allow project staffing by local resources - no one gets paid extra for being on the road 10+ hours/week
    -Stop promoting a culture of BS - encourage people to do real work instead of constantly using consulting speak and managing expectations from the outset

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No Long Term Vision

    Senior Associate - Advisory (Former Employee) Washington, DC

    Pros-PwC starts as a great employer, they really sell to the new employee that they care about you because people are their only asset.
    -You are assigned a coach and mine always looked out for my best interest and were a big advocate
    -Other members of leadership within the firm served as mentors and provided insight that someone fairly new to the professional workforce may not have

    Cons-They over hire so that they can meet the immediate demands, but when they lose business they have no qualms about cutting people loose en masse
    -Pay was OK, they do not give substantial increases, only way to make more is to go elsewhere. Also note that their healthcare benefits are HORRIBLE, hope you have a spouse that is employed elsewhere if you want good benefits.
    -They have a rating process each year, ARC, it is biased and does not provide any transparency. For example, I once was downgraded because as an Associate I didn't win any proposals (yet I still got promoted at the same time)
    -Project staffing is based on random bodies that are available and not any specific expertise, each project I was put on was totally unrelated to other projects I was previously on
    -To be eligible for bonus or advancement you need to have between 350-400 hours of overtime logged in the year and that will equate to about $5-6 an hour

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    PwC - Where WORK/LIFE BALANCE is non-existent

    Assurance Associate (Current Employee) Florham Park, NJ

    ProsPromotion track is solid but compensation does not match responsibility (more like stress). Run away recent graduates!

    ConsMinimal Compensation is not worth the stress and hours.

    What is the purpose of being an "auditor" if at the end of the day we let these companies submit ridiculous financials. It's a joke; there are no values. The company will do whatever to "make it work" and keep a client

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    For Experienced Hires do your homework on PwC's Federal Advisory group before you start

    Anonymous Employee (Former Employee) McLean, VA

    ProsFederal advisory practice is small so there is a start up feel-everybody is needed to do everything at some point-makes for good business experience for associate levels; junior staff have good mobility to move around; you will be rewarded if your focus is client delivery and you meet utilization - very strong emphasis on billing and project work even up through Director in a lot of cases; for big firm consulting you work a lot but this was within tolerance

    ConsCulture in PSP is territorial and non-collaborative - worst I've seen - the account ownership mentality creates strong barriers to get cooperation; collection of legacy cliques (BearingPoint, PRTM, PW, Booz Allen, Booz & Co), so many unreconciled legacy cultures. Know which firm you're going to first. Not a people first culture, very negative in tone day2day. Downside of delivery first culture is that other sins are forgiven - if utilization is high, other aspects of performance overlooked e.g. many lack interpersonal polish you'd expect in a brand name consulting firm.

    Advice to Senior ManagementWhere to start? I could say treat personnel better, but I'll focus on the growth potential. PwC's Federal Advisory practice is all over the map in what it wants to be the client, but lacks the internal collaboration and is not in tune with the Federal buying patterns (RPH, use of omnibus). Without growth you won't retain talent no matter how you treat them.

    No, I would not recommend this company to a friend

     

    Oh PwC

    Anonymous Employee (Current Employee)

    Prosgreat experience if you want to do accounting work

    Conswork you to death and then some

Worked for PwC? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.