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1 person found this helpful  

Great people, but underpaid

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Transaction Services Experienced Associate  in  Chicago, IL
Current Employee - Transaction Services Experienced Associate in Chicago, IL

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

Pros

What keeps me coming back to work every day is the people I work with in Transaction Services. They're great people. Everyone is highly intelligent and maintains similar interests in the market. I also enjoy doing the business development work which isn't present in other groups.

Cons

The pay. By far and away the biggest issue with Transaction Services is the pay. You're always going to get less than you think you should be getting. Your hours will be a bit better than auditor hours (no busy season thank god) and your pay will be essentially identical to an auditors despite doing deal-based work and having bill rates triple those of an auditor. It's insulting to sit at the table with the bankers and lawyers and know they're being paid at least 50% more than you are.

PwC also generally insists on a 3-year promotion cycle despite the rest of the financial world operating on a 2-year promotion cycle. Titles are just titles, what matters is pay which you will be forever disappointed with at PwC.

Advice to ManagementAdvice

Pay the people what we're worth. If our bill rates are 2-3 times those of auditor bill rates, how can you justify paying us just a thousand or two more than an auditor?

Recommends
Positive Outlook
No opinion of CEO

5010 Other Employee Reviews for PwC (View Most Recent)

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  1. 1 person found this helpful  

    Great experience.

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

    I have been working at PwC full-time for more than 5 years

    Pros

    Lots to learn owing to the matrixed and global nature of the organization

    Cons

    Can get lost as it is so huge and get stuck in a role.

    Advice to ManagementAdvice

    Management right now is really really focused on really good change by investing in technology. I suggest that they hold senior managers more responsible to ensure that people are given the opportunity to work on opportunities outside of their roles.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Public accounting is a great career starter.

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

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

    Pros

    Great experience of working with smart and driven people.

    Cons

    Salary is not fair for the amount of time and work that you do.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for PwC

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