PwC - Hot firm with growing pains | Glassdoor
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There are newer employer reviews for PwC

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Helpful (2)

"Hot firm with growing pains"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Principal Consultant
Current Employee - Principal Consultant
Recommends
Negative Outlook
Approves of CEO

I have been working at PwC full-time (More than 5 years)

Pros

Exceptional quality of services, talent and market brand. Strong cultural foundation of collaboration, results, and genuine personal engagement.

Cons

Firm has grown dramatically in recent years stretch the firms leadership thin. Core values are eroded by numerous acquisitions and sense of identity is at risk.

Advice to Management

"Run by the numbers" management strategy results in senior partner abdication of responsibility for developing the firm and a general erosion of the firms core values. Give the firm back to the partners and let them run it.

Other Employee Reviews for PwC

  1. "Great company, demands a lot with rewards in place."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at PwC full-time (More than 3 years)

    Pros

    Decent salary, good resume builder, high quality employees to work with

    Cons

    there's no 40 hour work week here, the projects I have been on are set up lean, some technical resources are tough to find, partners want to be involved in everything and are stretched too thin.

    Advice to Management

    reduce profit margin a bit and add resources needed to improve employee satisfaction overall.


  2. "Life is all about managing expectations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Associate
    Current Employee - Tax Associate
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    You get to learn new things every single day. The size and scope of the firm allow you to experience a wide array of projects. There truly is something for everyone. The prestige of the firm means one is never without exit opportunities. Great people (for the most part). Access to some of the premier thought leadership in the county in a multitude of fields.

    Cons

    You get to learn new things EVERY SINGLE DAY. The nature of work in any public accounting firm is such that new projects begin and finish up constantly. You have to be willing to try new things on a consistent basis.

    It's public accounting, so your work life balance can be really good at certain times of the year, and non-existent at others.

    Pretty rigid advancement guidelines. While star performers are recognized and well rewarded for their "star" performances, promotional opportunities from one level of staff class to the next have duration requirements that performance cannot completely override.

    Performance review process is highly dependent on who presents you to the review committee as you do not meet with them yourself at all. Process used to review employees fails to capture some important performance metrics. There isn't enough transparency surrounding performance reviews.

    Salary is less (occasionally much, much less) than a commensurate job in industry.

    Advice to Management

    Provide more opportunities for upwards feedback, and when doing so, expand the feedback topics beyond the standard and generic ones to include views on firm leadership, employee perceived direction of the firm, areas that excel/under perform, and other more "firm-strategy and planning" oriented topics.

    Implement a program designed to help identify which employees will remain with the firm long-term (or at least for longer than average) and then focus firm pre-retention efforts on valuable employees that the program identifies.

    This last piece of advice is more of a wish than anything, and had no chance of happening, but I'd like to see a reduction in lower level HR staff and the resulting cost savings directed to providing the rest of the staff additional perks, benefits etc. HR does nothing but waste time and cause confusion at the lower level. They are the exact opposite of a value-add position.

    Hopefully if someone from firm leadership every stumbles across this section of this review, they will see that it doesn't always take high-level firm leadership to come up with some meaningful and value-add programs/ideas. US ENTRY LEVEL ASSOCIATES CAN COME UP WITH THOSE ALSO. :)

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

See Most Recent

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