PwC Reviews

Updated September 17, 2014
Updated September 17, 2014
4,983 Reviews
3.6
4,983 Reviews
Rating Trends

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PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
1,010 Ratings

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

238 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    You can put lipstick on a pig, but it's still a pig.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Associate  in  Fort Lauderdale, FL
    Former Employee - Senior Associate in Fort Lauderdale, FL

    I worked at PwC full-time for more than 5 years

    Pros

    The only good thing of working at PwC is being able to put it on your resume. In the 7 years I was there, I heard the them talk about "work/life balance" and flexibility over and over. They seem to be on a repeat loop that runs every few years. Most people don't notice it because they leave before it starts to repeat. The flexibility they talk about is really you being flexible in working any time, any where to get the job done regardless of your other commitments. That is marketable to other employers and one of the key reasons you will be so desirable as a PwC alumni. You'll think the incremental increase in personal time to be fantastic, but it will remain far below what others have that did not go through the Big 4 grinder.

    The Big 4 are basically puppy mills. They take "newborn" accountants and give them with their "shots" (CPA license and some experience) before pushing most of them out the door to homes. Some never leave and become part of the machine. PwC happens to be one of the gold standards of puppy mills. You can get some great experience, but need to be in the right location at the right time. Either that, you'll need some great connections. Most of the work is pretty mundane and soul sucking.

    If you can hold out, stay until you finish your first year as a senior associate (approx 4 years), then leave. You'll have some supervisory experience and have seen some more complex areas of your clients. You'll get a nice bump in salary for leaving. Staying longer can start to hurt you unless you are thick-skinned enough to be a manager (at least 6 years). Potential employers will question your decision to leave when you are close to being promoted to manager. You will fall into a grey area of being overqualified for most senior accountant positions, but not qualified enough to land accounting manager positions. Timing is everything in getting out of PwC.

    Cons

    Is there anything left? The pay and benefits can appear great, but when you consider the amount that you will work and you will realize that, per hour, you get less than minimum wage. That's the beauty of being a salaried staff - no overtime.

    The rating system. It's basically useless and completely subjective on how the managers/partners feel about you. You can be rated 1 (Outstanding) or 2 (High Performer) every year and find yourself suddenly rated a 4 (Needs Improvement). The problem with being rated "Needs Improvement" is they never give you a chance to improve. You will be shown the door. Quickly and possibly before you even know how you were rated. I've seen it happen to a number of people. That's why the staff will be scared to be rated a 3 (Performer) because it's viewed as circling the drain. The ratings can be reflective of a big project that you were fortunate enough to be on one year. Because of that, you would be more likely to be rated a 1. Then the next year you don't get a similar job and watch your rating fall. It has absolutely nothing to do with your abilities as an accountant.

    Because of the fear of PCAOB findings, much of what you will do is based on standardized templates designed to take the thinking out of audit. Based on your responses, the template will tell you what to do next. You will become just a data gathering tool and a data input tool. All those years you spent getting the Bachelors or Masters degree will seem wasted.

    PwC will use you to their fullest extent. They will take advantage of any opening and any sign of weakness. You have to start at PwC with a plan on what you are using them for. If you don't you will be the one who get's burned in the end.

    Advice to ManagementAdvice

    Stop lying to staff about conditions. Annually you state that it was a tough busy season and the teams were short staffed so everyone was over-utilized. Then you say you have a plan to make it better for next year. The thing is you don't. It's just a smokescreen. Staffing decisions for the upcoming year were made last year so the only thing you might adjust is the number of interns, but that remains unlikely since they earn overtime and can have a negative effect on an engagement's bottom line.

    I used the old MyClient database systems and the new Aura databases that were supposed to make things easier to document / review. It was supposed to make the audit process more efficient. In the end it made it worse. The time required increased significantly, but the hours budgeted remained fairly constant because managers and partners were scared to show the effect on their realization in order to justify them accommodating the downward pressure on fees from clients.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Awful leadership

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at PwC full-time for more than 8 years

    Pros

    Brand name, great projects and experience. You'll leave highly prepared for your next job. That's about the only good thing I can say.

    Cons

    Nasty people, especially the women who treat lower levels like trash. There's slit of favoritism and your performance is not objective. It's about whether you are liked or not.

    Advice to ManagementAdvice

    Get over yourselves, then the company can get out of its own way and truly be a great place to work

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    Tax Specialist

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

    I have been working at PwC full-time for more than a year

    Pros

    Great benefits and tons of flexibility when tax season is slow. Includes a very young culture which keeps the office fun.

    Cons

    The salaries are below average even with overtime pay it is not worth the 70 plus hour weeks. More of a data entry position which will not help you if you want a future in accounting.

    Advice to ManagementAdvice

    Listen to staff, help them grow

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Terrible work-life balance

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

    I worked at PwC full-time for more than 3 years

    Pros

    training is good and the brilliant people start their career there

    Cons

    work-life balance is non-existent, they don't take into consideration your career , just fill out jobs

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6. 4 people found this helpful  

    Burned by Politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources Specialist  in  Tampa, FL
    Current Employee - Human Resources Specialist in Tampa, FL

    I have been working at PwC full-time for more than 3 years

    Pros

    Health benefits and a few perks.

    Cons

    Where do I begin? 1. It's all political. It didn't matter that I consistently had the highest metrics and performance, I was always rated poorly. Leadership hires and promotes their friends and yes men. Not the hard workers who actually know what they are doing. It's all fake. Smoke and mirrors. If you're a Sr. Associate expect to work 20-30 hrs of OT a week and your pay won't go up.

    Advice to ManagementAdvice

    What goes around, comes around. I will be laughing the hardest when it does.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    Never work for the PWC SDC!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Process Specialist  in  Tampa, FL
    Former Employee - Tax Process Specialist in Tampa, FL

    I worked at PwC full-time for more than 3 years

    Pros

    None, the prestige that you would otherwise have is non-existent because PWC won't recognize you as an employee.

    Cons

    Menial work. You are literally typing numbers off a spreadsheet into another program. A five year old could do this job. They are hiring people without degrees so they can pay less than the pittance of a salary they already provide. You will get zero useful experience and when you leave here after a number of years will be forced to take an entry level job like a new college graduate with no experience because of your lack of real accounting skills. Management refuses to let anyone transfer to the practice office. They will dangle a carrot of transfer, but once you are eligible they start making excuses. No one other than management has ever transferred from the SDC to the practice office.

    Advice to ManagementAdvice

    Stop lying about the ability to transfer.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8. 4 people found this helpful  

    HR Manager

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

    I worked at PwC full-time for more than a year

    Pros

    The organization has great employee benefits and perks for working there.

    Cons

    The people you work with are horrible. There are 50,000 people you have to contact for assistance or approvals, but you must call about 6 - 7 people to locate the correct person. The Partners in the company think they are Gods! Its ridiculous! They have knowledge on auditing and HR has knowledge on HR. Let the experts in their fields do their jobs. Everyone I worked with was a complete racist. The Partners even tried to terminate diverse individuals claiming "they just don't get it" instead of investing in their staff. I sat at dinner as my Partners made fun of a Hispanic employee and proceeded to call him names for being obese. I explained that behavior should not be displayed, specially at the Partner level and I was told to "get a sense of humor!" Completely disgusting.

    The Partners expect you to answer emails at all hours of the night, vacation, time off (there is no such thing), etc. The company boosts on Work-Life balance, but if you leave work before 8pm then you are categorized as NOT DEDICATED! The staff continuously complains about the amount of fast paced work and how hard the Partners ride the teams. Employees continuously reach their maximum vacation accruals because they are unable to take time off. Then a Partner contacts them and forces them to take vacation, only to have the staff work from home while being paid Vacation Time!

    I have never worked for such ignorant people in my entire career!

    Advice to ManagementAdvice

    Open your eyes and understand that others can still teach you things about how to run a company. Just because you are a Partner and on a higher salary scale doesn't mean you KNOW EVERYTHING! Get off your high horse and invest in your staff. Turn-over costs your organization tons of money per year. Train your staff to be the high performers you want them to be, instead of eliminating them for being DIFFERENT. Train your Partners to not be so ignorant. I believe all Partners should undergo Diversity training. The organization does not do enough to train their leaders. Also, if you preach work-life balance, please make sure all of your Partners are on board. On paper everything looks possible, if you have Partners not allowing a work-life balance then the companies policy and direction will never change.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    They take good people and burn them out

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Assurance Associate  in  Boston, MA
    Current Employee - Senior Assurance Associate in Boston, MA

    I have been working at PwC full-time for more than 3 years

    Pros

    If you are willing to waste your life formatting excel spreadsheets and spend all your evening and weekend hours doing so, they will pay you good money and offer excellent benefits.

    Cons

    The only people who last here are willing to give up their personal lives to do mindless work at all hours of the day.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 3 people found this helpful  

    Used and abused, especially if you don't play the political game.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Process Specialist  in  Tampa, FL
    Current Employee - Tax Process Specialist in Tampa, FL

    I have been working at PwC full-time for more than a year

    Pros

    It's good accounting experience.

    Cons

    While I said it is good accounting experience it has made me want to quit doing accounting. If you have a family or want any kind of life outside of work this is not the place for you. The OT requirements are ridiculous and you better be ready to be political if you want to get anywhere. Being a good worker and doing a good job are not enough.....

    Advice to ManagementAdvice

    Treat your employees like people instead of robots you expect to sit in front of computer screens for at least 12 hours a day.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Overworked

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

    I have been working at PwC

    Pros

    Surrounded by smart people in the firm

    Cons

    They put you up against one another, untrusting partners, long hours and never recognized for efforts.

    Advice to ManagementAdvice

    When better opportunity comes around, I'm outta here!

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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