PwC - Good firm, decent salary, long hours, no work-life balance, no benefits, and difficult to scale | Glassdoor
There are newer employer reviews for PwC
There are newer employer reviews for PwC

See Most Recent

Helpful (6)

"Good firm, decent salary, long hours, no work-life balance, no benefits, and difficult to scale"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Advisory Manager in Boston, MA
Current Employee - Advisory Manager in Boston, MA
Disapproves of CEO

Pros

PwC has a great brand name and good recognition in corporate America. This goes a long way in any client engagement. As a large firm, PwC also has a lot of resources at its disposal which is useful. You work with reasonably intelligent and hard working people, which always makes it easier.

PwC also has some senior leadership who are active in the day-to-day activities of engagements, which is good when they make firm-wide decisions that impact us.

Cons

Unlike most consulting firms, PwC does not have an up-or-out structure, which results in a lot of incompetent people who are perfectly happy to stay where they are at. This also means that there is no clear cut path to making Partner should you choose, and a lot more chaff than wheat.

Furthermore, while PwC pays well, their benefits (especially health and retirement plans) are pretty dismal. It is so poor that I am on my wife's healthcare plan as her spouse, which offers me more than PwC's own plan.

As a large firm with audit and tax divisions, PwC also comes with a lot of regulatory and other overhead, which impacts the amount of time you can spend on your actual engagements. Unlike the consulting divisions of other, similar companies (e.g. Deloitte), PwC's consulting analytics are all run by the engagement teams (e.g. expense reports, engagement margins etc). So, this adds additional overhead to already overworked teams.

Advice to Management

1. Provide a clear-cut path to the top for those that are interested, intelligent, and willing to do what it takes. Ensure that under-performers are quickly taken care of.
2. Improve employee benefits to line with other consulting firms, especially around healthcare.
3. Reduce the overhead on engagement teams and provide more ancillary support for things like expense management, administrative overhead etc.
4. Be more transparent in the salary structure and career paths for a given line of service.

Other Employee Reviews for PwC

  1. Helpful (1)

    "Great experience and career advancement"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experienced Associate - Advisory in New York, NY
    Current Employee - Experienced Associate - Advisory in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Ability to work on a variety of clients and a chance early on to interact with clients and manage people.

    Cons

    Work/Life balance is very difficult to achieve and overall performance recognition is sometimes difficult to achieve due to the review process.


  2. "Average"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    No opinion of CEO

    Pros

    -Opportunities endless if perceived to be a shining star

    Cons

    -Office politics
    -No work life balance

    Advice to Management

    Look at your people not dollar signs.

There are newer employer reviews for PwC
There are newer employer reviews for PwC

See Most Recent

Work at PwC? Share Your Experiences

PwC
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or