PwC Reviews

Updated July 6, 2015
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PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
88 Ratings

Pros
  • PwC provides a solid work life balance (in 257 reviews)

  • You will learn a lot if you have the right people teaching you (in 132 reviews)

Cons
  • Absolute lack of work/life balance consideration (in 930 reviews)

  • Long hours but you know when it is going to end (in 866 reviews)

More Pros and Cons

601 Employee Reviews

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  1. Experienced Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at PwC

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Prestigious company with huge network and resources.

    Cons

    Lack of compensation
    Useless HR
    Inadequate training- especially for winter hires
    Reviews are biased.


  2. Not for me

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at PwC

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    My co-workers were fabulous people, hard working, smart and dedicated.

    Cons

    Partners like things done their way and don't like any behavior that pushes the envelope. You must always have consensus on everything, which is frustrating for someone who actually likes to get things done. Very, very political.


  3. Underwhelming

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experienced Audit Associate in San Jose, CA
    Current Employee - Experienced Audit Associate in San Jose, CA

    I have been working at PwC full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good exposure to clients. Chance to lead early. Some nice people.

    Cons

    Underpaid. Overworked. Senior management and partners are not in touch with the people.

    Advice to Management

    Pay more and give a genuine focus on work life balance.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Horrible employer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Current Employee - Senior Associate in New York, NY

    I have been working at PwC

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    - Good brand to have on your resume

    Cons

    - Zero work life balance


  6. firm is too large

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at PwC full-time

    Pros

    good benefits, flexible work schedule

    Cons

    very large firm, easy to get lost


  7. Beware Recruiting Lies

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate - Advisory in New York, NY
    Current Employee - Senior Associate - Advisory in New York, NY

    I have been working at PwC full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great opportunities to interact with and network with high influence colleagues at the Firm and also at the clients. Exposure is significantly higher as a consultant than if you are employed by the clients directly.
    Benefits of consulting are nice - expenses, happy hours, etc; as when you're generating revenue for your company they are more likely to treat you to these things.
    Significant improvements have been made in the performance evaluation process and how employees are reviewed - less paperwork and more actual rating based on performance.

    Cons

    The Firm policy states that employees hired prior to the end of February are eligible for compensation increases (effective July 1) and bonus (paid ~October). Come June, I was informed that leadership made a decision to give zero increase or bonus to all employees who began after 1/1 in my practice (not Firm-wide). Deceiving recruiting and hiring practice.
    Work/life balance can be rough at times, as working for clients can introduce a significantly higher level of urgency than working in industry.
    Promotions are all politics. Could be a "Pro" if you consider yourself to be great at networking and "BS"ing, but beware that if you aren't at the top of the partners minds, you'll be glossed over.
    Benefits suck, including 401k match - 25% of your contributions, capped at 1.5% if you contribute 6%

    Advice to Management

    Encourage partners to care about the employees that they represent in career roundtable discussions. It is incredibly difficult to get the time from partners to discuss career goals and solicit advice.


  8. Helpful (1)

    Non-uniform promotion criteria

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Associate in San Jose, CA
    Former Employee - Audit Associate in San Jose, CA

    I worked at PwC full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Working with clients
    Access to lengthy training materials/pdf (good that it's comprehensive, but when you are out of time, everyone wants point form & examples)
    You learn (mostly by yourself)
    I think all these pros are available at other CPA firms or big 4s. Nothing really differentiates pwc.

    Other good things are the excellent "software" the firm has for audit work - outsourcing, computer software to aid etc.

    Cons

    Promotion criteria from 3rd year associate to senior associate is not uniformly applied across the board - there were those who promoted by performing normally (not stellar) while those who put in the extra effort & had great attitudes were delayed. Many who even joined midseason and were not used to industry specific accounting rules were promoted from 3rd year associate to senior associate.

    Some teams have a much larger say than other teams that you've worked with who support your promotion. So it encourages politiciking and resources focused on this rather than actual quality work.

    Upward feedback process doesnt get taken seriously. Rigid and anal senior associates get promoted to managers who lack the "people" touch to get things done.

    compensation is linked to how much non-work contribution you made to the firm - hiring, volunteering, committee involvement etc. So in other words, this becomes officially on your job description if you want more pay and if you aren't active enough, your next level of compensation gets dinged. Look, if you want people to do all this crap, either lessen the work load or hire full time resources who can do volunteering, hiring etc. Even with getting involved in all this, one must push one's involvement to the max. 1-2 months of this isn't sufficient to get a higher comp rating. The comp would be equivalent to one who was inactive.

    Employees have lives. And their lives don't just revolve around their work, pwc & pwc & pwc.

    Advice to Management

    Relook into the promotion criteria. How did so many people are slipping through the cracks and how did the others succeed?
    That's how you lose talent.

    Cut the crap on not promoting staff & saying that the firm is "setting you up for failure". That's bull.

    Lessen the politics between teams that support and dont support for promotion. At the end of the day, if the person who represents you was on the team that didnt support you, it goes to say that the work done on the team that supported you really wasnt appreciated.


  9. Tax Senior

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Senior in Philadelphia, PA
    Former Employee - Tax Senior in Philadelphia, PA

    I worked at PwC

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    It's a good start for a recent college graduate to get a few years of experience and get that stamp on your resume and help with certifications.

    Cons

    I read things on I here that just makes me laugh. Big 4 public accounting is a broken model. As long as people higher up are making money off the backs of their staff at these $100 to $300 an hour bill rates, there will never be good work life balance. You should be lucky they give you a few hours to sleep. It's also hard to concentrate in your area of expertise when the motivation is just to get whatever billable hours you can get wherever you can find them.

    Advice to Management

    Change the model.


  10. Good network and people but lacks meaningful work and lags in compensation

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at PwC full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    People are great to work with. Good amount of knowledge capital available to everyone in the firm. Flexibility initiatives are excellent.

    Cons

    Compensation is way below some of the peer consulting companies. Project assignment is not based on skills but rather on the whims of resource management. Its a vicious cycle wherein working in meaningful projects leads to a low utilization overall (due to scarcity of such work) while racing to meet utilization targets means working in projects where the only task can be filling out excel spreadsheets over a period of a year or more. Unclear criteria when it comes to promotion.

    Advice to Management

    Make an effort to listen to employees about their project aspirations. They are likely to perform well (for themselves, for the firm and for the client) when they are working on projects aligned to their ability as well as aptitude.


  11. Experienced associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at PwC full-time

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Able to work from home if really need

    Cons

    The field is not so exciting and the pay is pretty poor for the hours you work, that's why most people go in industry.



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