PwC

www.pwc.com
There are newer employer reviews for PwC

4 people found this helpful  

Good benefits, but very demanding workplace.

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

I worked at PwC full-time (more than 3 years)

Pros

Firm offers good vacation and occasionally gives extra days off around holidays, option to work remotely at times.

Cons

High-turnover, high-stress, frequent self-assessment performance reviews take too much time to complete. "High-performance" expectations means you end up working some of your holiday / vacation time.

Advice to ManagementAdvice

Better career guidance is key, need to be given obtainable goals to balance out the high-stress and fast pace.

Recommends
Neutral Outlook
No opinion of CEO

5642 Other Employee Reviews for PwC (View Most Recent)

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  1.  

    A good place to start your career but this is not a long term fix. Typically under pay staff.

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

    I have been working at PwC

    Pros

    It's a job and a resume builder.

    Cons

    Upper management can care less about people. If they did they wouldn't have such a high turn over rate.

    Advice to ManagementAdvice

    Pay people what they are worth. You let people leav over a couple thousand dollars and than spend 60k to on board a replacement. No logic at all!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Many opportunities for learning and career development but getting too big

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

    I worked at PwC full-time (more than 10 years)

    Pros

    First off, it really dependents on the line of service (Audit, Tax, Advisory or IFS) and even then, the groups and/or offices within these lines. Two people will have totally different experiences based on this. I worked in Advisory, which has gone through a lot of changes in the past 5 years. It's growing quickly, much of it by acquisition and the strategy seems to change frequently. The work is hard and the hours unpredictable. It can be quite easy between projects but then there is the pressure that you're not "chargeable". You don't want to be in that position for very long or you'll have a target on your head. The co-workers are top notch and you learn a lot from each other. Benefits are good. You're treated like a professional and expected to act like one. The firm is very concerned with its reputation and looks at you as an extension of their brand. Many merit-based opportunities for promotion.

    Cons

    While there are many opportunities for professional growth, you don't really have much control over where. It really depends on the projects you're on and frankly, PwC doesn't exactly do the sexiest types of consulting work. Much of their focus is improving operations, getting companies out of a crisis or some sort of reporting improvements. There are often mixed signals between the firm leadership's position on things and how partners actually execute it. That's not to say most partners aren't working just as hard as the staff, it's just that they have to make clients happy, make staff happy and make the firm lots of money and those three things are pretty hard to reconcile.

    Advice to ManagementAdvice

    Whoever the cabal of partners is determining the strategy of growth, growth, growth probably has a lot to gain by this in the short term but they must not really don't care about the culture or long-term success of the company. Like many PwC people, I know about financial management and growth can cure a lot short term problems (like funding partner pension obligations) but it can also destabilize a company when it doesn't have a clear strategy. There are a lot of risks in their business whether it is from regulators who are concerned about the aggressive growth plans, clients who are fed up paying very high fees and the rise of very specialized boutique firms that are faster, cheaper and have deeper expertise. I wonder if PwC would have been better off retaining it's brand that was known for quality instead of its current growth orientation. I don't think their business model scales much further and I would be very nervous if I was a partner there.

    Recommends
    Negative Outlook
    Disapproves of CEO
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