PwC - Terrible place to work | Glassdoor
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Helpful (3)

"Terrible place to work"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Associate in San Jose, CA
Current Employee - Senior Associate in San Jose, CA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at PwC full-time (More than a year)

Pros

Exposure to a lot of work, industries, ambitious people

Cons

NO work-life balance, cut throat environment.

Other Employee Reviews for PwC

  1. Helpful (6)

    "Good for some, not for others"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY
    Positive Outlook
    Disapproves of CEO

    I have been working at PwC full-time (More than 10 years)

    Pros

    --Excellent benefits include medical-dental-eyewear, a transportation account, small employer contribution to a separate retirement fund, voluntary 401K, 22 vacation days and 2 personal days per year, etc. Staff is generally intelligent and hard-working, although most are not well-rounded and display a narrow focus of interests outside of the job and their family.
    --For newly-minted college grads with a financial background, it is good for the resume, and most leave for better jobs.

    Cons

    --Virtually none of the Staff, most with Accounting/Finance majors and backgrounds, understand the Firm's stupifyingly confusing and non-intuitive finance systems. They are not trained in it and leave most of the background financial work to be done by the Executive Assistants - none are CPAs and most do not have a college degree. Even most of the Staff who actually use the systems do not understand them; mistakes are rampant.
    --The Help Desk for general assistance has been outsourced to India; the Financial Help Desk has been outsourced to Uruguay. People in those groups are not members of the Firm, yet have access to our confidential and financial information and systems.
    --The Assistants are basically slaves, and they let you know it. The raises are poor, never even covering cost of living increases. Lying, competition, favoritism and back-stabbing at the Assistant level is a way of life. Morale has been in the basement for years owing to the lack of inclusion, but by now it is in the sub-basement.

    Advice to Management

    --Train Staff in the background finance systems, with the expectation that they need to understand it and will be required to use it. In an accounting firm, it makes no sense that the essential financial arrangements are made by the financially untrained or financially illiterate.
    --Re-organize the Assistant level so it is no longer a separate unit; re-include the Assistants in the groups for which they actually work, so they can once again feel and be a real part of the Firm.
    ---Eliminate the lower Administrative level of "Team Assistant", and make everyone again an Executive Assistant; most can do it.
    --Recognize that the "statistics" gathered for the TAs are lies forced upon people by the need to pretend to meet unrealistic quotas. They are part of a pool and are not directly responsible to anayone, unlike the now-overburdemed Executive Assistants.
    --All the TA level accomplishes is that the EA/TA Managers can keep their jobs through the extensive collection and slicing and dicing of meaningless data.
    --For this the Firm paid untold millions to McKinsey, yet after years of study, the best they could come up with was to fire Assistants, lower Assistant salaries, and lower most the level of most Assistants. Now we have too few Assistants, with the majority not truly answerable to anyone.
    --Consider whether the short-term savings achieved by outsourcing the Firm's most critical back-end systems will harm the Firm even more than it has done already. Take a long-term view - in the long run it's not just what you save, but what you do.


  2. Helpful (1)

    "Experienced Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Experienced Audit Associate in San Francisco, CA
    Former Employee - Experienced Audit Associate in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at PwC full-time (Less than a year)

    Pros

    You will be exposed to first class training and you will work with clients you only see on tv or dream of in the movies lol.

    Cons

    You are only placed on jobs based on how much your manager likes you and the review from your seniors is dependent on likeness as well. Please do not flaunt your qualifications e.g. if you have an MBA and your senior only holds bachelors please do not tell her you have an MBA. Please play safe.

    Generally you will meet and work with the best people and you will have a lot of fun as long as they want you there.

    Advice to Management

    Reviews by seniors are full of flaws and does not fully reflect the capabilities of the employees they review.


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

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