PwC Reviews in New York City, NY

Updated September 16, 2014
Updated September 16, 2014
4,990 Reviews
3.6
4,990 Reviews
Rating Trends

Recommend to a friend
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PwC US Chairman & Senior Partner Robert Moritz
Robert Moritz
1,012 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

545 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    good

    Current Employee - Data  in  Jersey City, NJ
    Current Employee - Data in Jersey City, NJ

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

    Pros

    good office culture, not too bad

    Cons

    if you do not consider low pay it is good

    Advice to ManagementAdvice

    good

  2.  

    Great Experience

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

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

    Pros

    Opportunities for growth in my career, smart and taleneted people to learn from

    Cons

    Balancing work and life commitments but the firm has many initiatives in place to make this happen.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Intellectually challenging

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

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

    Pros

    Challenging work, intelligent peers, variety of clients and work. You must be willing to work and seek out new initiatives or stay at the cutting edge of the area you work in.

    Cons

    Challenging to understand who/what impacts your career the most in terms of projects, salary and promotion. Imperative that you have a Mentor in Senior Management.

    Advice to ManagementAdvice

    Be more transparent about what it takes to be promoted or work on international assignments.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Audit Associate

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

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

    Pros

    - great team and great people
    - great client
    - many many many many opportunities to learn
    - very demanding job (which is a good thing for me)
    - given greater responsibilities at the very early stage of your career
    - open many many doors
    - you could be great in this firm if you want to learn and search
    - free CPA exam materials

    Cons

    - way too many admin tasks (training, social events, etc.)
    - long hours during busy season due to the nature of all audit engagements

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    A very open work environment

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

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

    Pros

    Lots of latitude given on consulting engagements, culture very open and honest

    Cons

    Some practice units are very regional and may not be well connected across the country

    Advice to ManagementAdvice

    Think beyond your immediate region and practice as a global company

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    I enjoyed my tenure at PwC, A GREAT PLACE to work!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Ethics & Compliance Resource Center Manager  in  Jersey City, NJ
    Former Employee - Ethics & Compliance Resource Center Manager in Jersey City, NJ

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

    Pros

    I enjoyed my tenure at PwC, A GREAT PLACE to work!!

    Cons

    None from me at this time

    Advice to ManagementAdvice

    None from me at this time

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great benefits pkg

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

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

    Pros

    Great vacation
    Good 401k
    Work from home capability
    Closed at Christmas
    Nice office

    Cons

    Workaholic culture
    Evaluation process terrible
    Hr rep is remote, not in same office
    Cannot safely dispute evaluation
    Changes to your assignment are presented as if you have a choice but you dont

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Assurance

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

    I have been working at PwC full-time

    Pros

    Your experience depends on the market you serve, management on your engagement team, and the client. The management and culture of the engagement tends to mirror that of the client, and fortunately, I was on a very well-managed team that allowed for greater work-life balance than most engagements. The firm overall has great benefits (medical, dental, vision, corporate perks, time off), but if you're not on a good team, than you could be stuck working 24/7 with no respite.

    Cons

    Pay in the public accounting is a lot less than you'd think. The pay raises do tend to be better incrementally, but the base pay is usually so much lower that the incremental raises not at all substantial. Also, again, depending on the engagement, the work-life balance may be non-existent.

    Advice to ManagementAdvice

    Make it easier for associates to have more diverse client experience, and have some cross-line-of-service rotations as well.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Lots of opportunity, but poor work/life balance

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

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

    Pros

    The consulting arm is rapidly growing and there is a lot of opportunity to grow your career and do different things with PwC.
    Good resources are available for furthering education.

    Cons

    It seems like the wrong people are constantly being promoted (the most cutthroat and unpleasant to work with)
    Bottom line is sales for directors and partners, so internal team management and career growth is often put on the backburner
    Too political at times, with entire groups going underrepresented in the bonus pool

    No opinion of CEO
  11.  

    No more than a few years.

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

    I have been working at PwC full-time

    Pros

    Clients: Client roster is impressive - almost all the clients I have worked with are in the top of their respective industries and very well known.

    Internal mobility: By far the best of the Big 4 for internal mobility. If you perform well and develop a few key relationships the doors are wide open to explore new opportunities.

    As a first job: This is a great place to start your career (read: immediately following college). If you did not go directly into banking/consulting and want to, it is completely possible if you are a top performer after a few years. If you are seeking more general accounting and corporate finance route, this is an excellent place to start. If you are interested in an MBA, not a bad place either if you pursue the right challenges.

    Cons

    Compensation: The compensation is terrible in both monetary terms as well as the way in which it is allocated. The time commitment expected, especially as you progress, does not equal the pay offered - to a nonsensical level. People frequently leave for either much more money or a better work-life balance and higher compensation. An even larger issue is the way in which the compensation program is designed. The difference in pay between the top performer in a class and a bottom performer is often negligible. The motivation to work at 100% evaporates pretty quickly when people realize this. The maximum bonus (read: maximum!) you will receive prior to becoming a director is 20K. Most bonuses range from 8K - 12K, and that's for professionals who have actually been with the firm for a few years.

    Management style: Very few Partners and Directors are able to lead a team well - the interpersonal skills are simply not there. Your growth and development depend mainly on your internal drive or, in a few cases, from a Director or Partner who has selected you as a favorite. I've been on both sides of the fence - favorite to non-favorite - and both lead to problems. If you are a favorite, expect an angry peer group as it is completely obvious you are a "chosen" one and, if you are not in this group, you must aggressively seek out the top projects and feedback (ie - spend a lot of time on the political aspect, in addition to the work aspect).

    Exit opportunities: If you are looking to stay solely within the boundaries of public or private accounting, some corporate finance roles (ie, FP&A) or within the mid-tier professional services bracket, the exit opportunities are definitely there and the brand carries a ton of weight. You'll be able to get those jobs easily. Outside of these boundaries, however, the difficulty increases exponentially the longer you've stayed. Once you've become an experienced Manager or Director, even a minor career switch is going to be challenging.

    Advice to ManagementAdvice

    Compensation: Must be fixed for the firm to survive as a premier professional services firm. Truly pay for performance (and we're not talking about a 10K bonus).

    Strategy&: Hopefully they will be left to operate with complete autonomy. And the name !

    Utilization management: Manage utilization targets evenly across staff levels. Top performers do not need to do all of the work and reach burn-out utilization levels. Similarly, struggling performers should be given a normal workload (not substantially reduced as is the case now) or shown the door.

    Recommends
    Positive Outlook
    No opinion of CEO

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