PwC Reviews

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  1. build a foundation of business knowledge here through hard work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experienced Audit Associate in New York, NY
    Current Employee - Experienced Audit Associate in New York, NY
    Recommends
    Approves of CEO

    Pros

    My favorite aspect of PwC is the people that I have met. I moved to NYC for the job and knew no one in town, however there were many other people in similar situations right out of college and we have bonded and become very close friends. PwC is a great place to start your career out of college because you can gain a basic business foundation while learning industry and client specific knowledge on your engagements. If you decide this is the place to be, there are certainly many opportunities for career advancement within the Firm. However, if you decide you want to leave, many employers view 1 years experience in public as the equivalent to 3 in private so you leave with a wealth of experience. The name alone is highly regarded in the business community so it certainly helps on your resume as well. I highly recommend the internship program if you are still in college because this is the best way to get your foot in the door with the Firm. This will also give you an idea of what it is like to work for the Firm. However, the truth is that they are trying to recruit you, so the best aspects of PwC will be highlighted and any negative aspects will be minimized. However, there is a lot to be said for having a job offer when you return to college for your senior year and everyone else is scrambling to interview.

    Cons

    The compensation isn't awful, but its also not awesome. As long as you don't live an extravagant lifestyle, you'll have no problem paying the rent and having enough spare change to still have fun. However, you will be expected to do a lot of work relative to the pay. During busy season you will also be expected to work very long hours (70 hour weeks would not be uncommon during assurance busy season). The experience that you gain though will equate to higher pay in the private sector if you decide to leave.

    Advice to Management

    Management should look to implement initiatives during busy season to reduce hours and stress.


  2. Realistic View

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - SPA Senior Associate in Boston, MA
    Former Employee - SPA Senior Associate in Boston, MA
    Doesn't Recommend
    Approves of CEO

    Pros

    Very fun environment. Work with very intelligent people and learn from them. Train you well, benefits are great. If you are on a team that is doing well, they take care of you. If a strong performer you will do well.

    Cons

    When times are tough, they focus only on money. Lost the focus of people, which is their 'product'. As in all companies, if you mess up once - it is talked about w/everyone and hard to recover from - especially since you work with so many different people they often rely on other people's experience of you (can be good and bad). You work long hours.

    Advice to Management

    Take time to take care of your employees! Don't lose the focus on the way you make $ is by supporting the personnel who work under you.


  3. Great place to learn

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Florham Park, NJ
    Current Employee - Anonymous Employee in Florham Park, NJ
    Recommends
    Approves of CEO

    Pros

    Great name and great place to learn

    Cons

    Be prepared to Work hard

    Advice to Management

    Clearly doing a good job


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  5. PwC, is it the place to be?

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Boston, MA
    Current Employee - Anonymous Employee in Boston, MA
    Recommends
    No opinion of CEO

    Pros

    The people and it is a good place to network.

    Cons

    There are too many hours.

    Advice to Management

    Instead of preaching work-life balance really encouraging it.


  6. Good place to be for new college grad but not for long term

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Associate in San Jose, PR
    Current Employee - Audit Associate in San Jose, PR
    No opinion of CEO

    Pros

    Provides a good foundation for gaining accounting/auditing knowledge and experience. Lots of opportunities to work on many different areas and learn new things on a daily basis. Firm encourages giving back to the community and gives employees a certain amount of time every year to participate in community service. Also, most of the individuals within the firm are motivated, intelligent, professional, and courteous. Firm also promotes growth by providing many training classes to employees that address auditing topics. Good place to work for newly college graduates, but not sure how good it will make as a long term occupation as the hours can be pretty bad.

    Cons

    Inadequate compensation for the amount of hours put in, busy season may not always be only once a year. Depending on the client, who may be going through restatement or IPO, busy season can extend to off-peak months and more. Also, there's the inability to move to a new client once you've been at the same client for a period of time. Firm tend to keep at the same client for long periods of time, which may not be the best thing for personal growth. The annual performance review process is also an opaque process for the most of the time.

    Advice to Management

    Please treat your staff better and show some appreciation.


  7. Rough but worth it.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Senior Associate in Birmingham, AL
    Former Employee - Audit Senior Associate in Birmingham, AL
    Approves of CEO

    Pros

    Prestige, respect, and ease of finding other employment. I had 20-30 offers the week I posted my resume. It's a tough place to work for, but it pays off.

    Cons

    PricewaterhouseCoopers claims it favors "work/life balance" but what they really promote is "work/work balance". Being able to work from home is not work/life balance. Also, it is very difficult to take vacation. Also, regardless of what they tell you, other Big 4 firms and most regional firms pay significantly higher than PwC. However, the longer you're with PwC...the more you can command later on. It is very much a double-edged sword.

    Advice to Management

    Come clean with employees about how bonuses and salaries are figured. Also, learn that employees would stay if treated fairly.


  8. A great place to start your career

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Indianapolis, IN
    Current Employee - Anonymous Employee in Indianapolis, IN
    Recommends

    Pros

    It's well-known in the industry.

    Cons

    A LOT of overtime, sometimes it's hard to keep a balance between work and personal life.

    Advice to Management

    HR should do a better job to gear career development towards individual interests.


  9. Helpful (1)

    Great place to start your career, but this eventually fades...

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisory Manager in Dallas, TX
    Former Employee - Advisory Manager in Dallas, TX
    No opinion of CEO

    Pros

    Great place to start a career. Almost every company out there requires Big 4 experience. PwC is a great place to get this.

    Cons

    Complicated/convoluted advancement program, generally unrealistic management goals, and less pay than other Big 4 firms. People tend to get promoted for unknown reasons in the firm. Management utilization goals are generally far out of reach in trying to maintain a Work/Life balance.

    Advice to Management

    The Firm's direction is often questionable. Additionally, regularly staff do not know the direction of Senior Management and when this direction is given, it often is convoluted and lacks clear, consistent sense of direction.


  10. Great Place: Job, Less (Ful)filling

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Accountant in Philadelphia, PA
    Current Employee - Internal Accountant in Philadelphia, PA
    Approves of CEO

    Pros

    There is great prestige in working for PWC. They do take internal training seriously. You get exposure to a diversified client base and there are great opportunities to do lateral transfers and some upward growth. The opportunity exists to use your training and savvy to make the process better.. they do allow you to use your gifts and talents to the full.

    Cons

    There is a great lack of diversity. There also is the old boys club mentality there. During my tenure they had diversity training classes which openly admit there being problems in this area. The pay is good but not great until you reach upper echelons which has a glass ceiling for certain demographs.

    Advice to Management

    In a word diversify:


  11. Professionals seeking long hours with little respect and doubtful future

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consultant in Washington, DC
    Current Employee - Senior Consultant in Washington, DC
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Reasonable compensation, reconized name within business circles.

    Cons

    Excessive hours with focus on achieving partnership. very political environment.

    Advice to Management

    Stop acting like mercenaries, exhibit decent values and business ethics.


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