PwC Reviews in Chicago, IL

Updated September 10, 2014
Updated September 10, 2014
4,976 Reviews
3.6
4,976 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
1,007 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

148 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    A good place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Advisory Manager  in  Chicago, IL
    Former Employee - Advisory Manager in Chicago, IL

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

    Pros

    Managers and above are enrolled in Pension Plan.
    Nice benefits which includes compelling vacation time
    Work culture is different and better than at BearingPoint
    Practice takes your career aspirations or areas of focus into consideration before staffing you on a project. This is quite the opposite at BearingPoint.

    Cons

    No defined bonus at Manager level.
    Firm practices are still old school
    Technology practice is not as strong as BearingPoint
    Not strong in project delivery
    The leaders who came from BearingPoint and joined PwC still operate in a staff augmentation mode.

    Recommends
    No opinion of CEO
  2.  

    good times can be great, bad times can be terrible

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

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

    Pros

    Flexible work location and hours.

    Cons

    No accountability from peers. Too many levels without clear distinction of responsibilities

    Advice to ManagementAdvice

    better bonus

    Positive Outlook
    Approves of CEO
  3.  

    Looking for Lip Service and Back Biters? Work at PWC!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tax Staff  in  Chicago, IL
    Current Employee - Tax Staff in Chicago, IL

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

    Pros

    All of the negative comments that one hears about the big four are epitomized by the PWC Financial Services group. If you are looking for a cut throat work environment that works to provide a facade of progress and decency, then the FS department is perfect for you.

    PWC promises job security, its need for staff, balancing the enormous work load (that at least they recognize) with an amazing work/life balance, and great company culture. Well, it is certainly true that nothing is what it seems.

    Okay, there is one great thing about PWC and that is their dedication to providing employees with remote access. But don't try to use it, or you'll be deemed inefficient, although you crank out more quality work than the useless intern sitting in the dank conference room, staring emptily into his screen for twenty hours at a time.

    Cons

    For the past three years, job security for staff had been promised, those who received outstanding personal reviews were praised, and the firm constantly preached its need for associates. How, then, is it possible for this company to decide to cut jobs for those employees in an area of tax that is almost always understaffed? Or, rather than transfer experienced staff into other departments, will cut their tenure short just to "send a message" - and yes, that is a direct quote.

    Well, maybe it is because the staff had the gall to cash in on work life balance, since, you know, it is somewhat necessary to have a personal life when you have a family to tend to. Or apparently it is even worse to attempt to work outside of the department, since, you know, professional development can only exist in the vacuum of a single department. But maybe the biggest offender was not spending time in the mind numbing company culture of "busy season fun" because, well, you know, having dinner at your desk rather than at home with your family comes before anything in your life.

    If you think compensation makes up for any of this, think again. Zero raises were given to so much staff, zero bonuses given as a result of their overproduction.

    Advice to ManagementAdvice

    I can only say: Good riddance to PWC.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Luck of the draw...

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

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

    Pros

    - Lots of variety of projects.
    - Opportunities for personal growth
    - Better work/life balance than other consulting firms
    - Base salary is decent

    Cons

    - Huge company can prove to be a detriment
    - Most of the projects are PMO/IT related
    - A lot of managers/directors/partners care more about hitting their quota than employee development; as a result you can be stuck on a long term project that you have no interest in
    - Bonus is a joke, and Performance reviews are all politics given the size of the firm

    Advice to ManagementAdvice

    Upward feedback is key. The range of skill-set when it come sot managing people their career development at the Manager level and above is drastic. Some are very active and accommodating, and try to help make every project a good learning experiences; others don't care at all about associate experience and work them to the ground doing invaluable work. Hold managers above accountable for the turnover and satisfaction of the associate experience.

    Positive Outlook
    Approves of CEO
  6.  

    International Tax Services, Associate

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

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

    Pros

    Great organization with excellent work culture. Exceptional mentors and access to resources. Good place to learn and grow nationally or internationally

    Cons

    Sometimes very long hours. Non effiencient use of employee time

    Advice to ManagementAdvice

    Keep open communication with the employees to constantly improve the organisation and make the processes more efficient.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    From being part of a great company it's now being part of a non innovative company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisory Director  in  Chicago, IL
    Current Employee - Advisory Director in Chicago, IL

    I have been working at PwC full-time for more than 10 years

    Pros

    It used to be that people and culture were the saving grace. But not sure that is true anymore.

    Cons

    Lost culture, disillusioned work force and politics hampering individual growth I acting the collective growth of the company. Constant pressure on metrics when metrics are promoting bad behavior is not good. There is lack of innovative thinking and always being in a reactive mode to address market needs. More of the same appears to be the norm!

    Advice to ManagementAdvice

    In your zeal to make the newer talent pool from acquired companies feel welcome don't take the legacy folks from way back when for granted. All the new things that glitter is not Gold!

    Neutral Outlook
    Disapproves of CEO
  8.  

    Great company to work for

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

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

    Pros

    Great benefits and forward looking company which makes this company a great company to work for.

    Cons

    Complicated organizational structure and review process makes it difficult for promotion

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    People Who Care, great place to build career

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

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

    Pros

    Intelligent, driven colleagues
    Work with F500 companies
    Top notch support

    Cons

    Certain groups can be very hierarchical
    Diversity can trump performance in performance reviews

    Advice to ManagementAdvice

    Continue to pay for performance and create incentives for high achievers

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Job Shadow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Job Shadow  in  Chicago, IL
    Former Employee - Job Shadow in Chicago, IL

    I worked at PwC as an intern for less than a year

    Pros

    Wide range of exposure
    Got to interact with senior partners a lot
    Seemed interested in all shadowers

    Cons

    Lectures rather than real shadow
    Very unorganized when I arrived
    Too many shadowers at once

    Advice to ManagementAdvice

    Allow shadowers to actually shadow employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Managing Director

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

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

    Pros

    PwC is an excellent consultancy with deep capabilities across a number of functional areas and solid industry expertise

    Cons

    Not as committed as a practice to human capital consulting as to technology or business consulting work

    Recommends
    Approves of CEO

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