PwC - Manager, Advisory Services | Glassdoor
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There are newer employer reviews for PwC

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Helpful (9)

"Manager, Advisory Services"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Manager in Los Angeles, CA
Current Employee - Manager in Los Angeles, CA
Recommends
Positive Outlook
Approves of CEO

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

Pros

There is access to a tremendous volume of knowledge and expertise within the firm. You can learn things here that you won't be exposed to anywhere else. There is a dedicated learning and development system for online self-study on thousands of topics. While you are required to take a certain amount of continuing education every year, you can capitalize on this and obtain additional certifications, etc through the firm.

The salary and rewards are in range with other 'Big 4' firms. There career advancement opportunities to be had both internally and externally. As far as the other big 4 firms go, I've gotten the impression that PwC is at the top of the food chain. Only uber-boutique firms like McKinsey or Booz seem to have a stronger branding & compensation and that is mostly for very specific areas of strategy consulting work.

The culture is very high performance oriented, which is both good and bad. The good side of it is that you have no choice but to excel at what you do.Having the PwC brand on your resume can open many doors for you in the future. A lazy person will not survive in this environment. Diversity (ethnic and cultural) is taken very seriously. There is zero tolerance for inappropriate behavior and treatment toward anyone. Your race, cultural background, gender, sexual orientation, etc, doesn't matter... either you are capable or you're not.

The environment is ultra-competitive, and not necessarily in an under-handed, backstabbing way. It's simply a fined tuned corporate machine, friendly on-the-surface and full of eager people looking to make a name for themselves. You either can OR can't do the job.

Cons

The work/life Balance is a challenge, We've all heard the horror stories about tax accounts working 25 hours a day.This is somewhat pervasive in other areas. A typical work week is 50-60 hours and you will be focused from the moment you wake up until you pass out. When on a client site, you will spend 10-12 hours on-site along with the requisite 'team dinner', go back to your hotel room to work some more and repeat the cycle until you head home from whatever location you're at.

The use a bell-curve annual review process, which basically means you are judged by a group of directors & partners who probably have no idea if you're any good, other than what your 'coach' can advocate in the 5-10 minutes they are allowed to plead your case, along with data on how many billable hours you've had (utilization) and your contributions to community service, etc. Most end up in the middle with a small bonus and single digit raise. That's not necessarily bad, but you're generally made to feel like you're not doing enough to satisfy their expectations.

The internal systems are constantly changing. Because its a firm full of smart people falling all over themselves to constantly revising IT systems. They use Lotus notes which is universally hated by everyone; however, it's so deeply ingrained into the IT DNA that they can't figure out how to migrate away from it.

The culture is very high performance oriented and you can rarely rest on your accomplishments. You are pushed to continually improve your abilities and 'personal brand' which can either burn you out or form you into a cold corporate machine. A lot of people self-medicate (drinking to numbness) and I've seen all-out mental breakdowns occur. Some people are eventually ushered out and feel relieved when it happens so they can finally get some rest. I'm sure those factors are not unique to any organization, but it seems a bit more pronounced at a 'big 4' firm.

Advice to Management

This is a tremendous, high performance culture, but it needs to be tempered with balanced expectations. I greatly respect the leadership and their collective vision seems to be on target. My 'ask' is to better equip directors to lead teams through inspiring their confidence rather than beating them into submission. There is high integrity and zero tolerance for mediocrity, but you need to align people in the right roles and take the fear out of the future. A lot of people live in fear of losing their jobs, rightly or wrongly, because they feel like they can't measure up to partner and director expectations. There are many instances where junior staff feel squelched by director megalomania.

Other Employee Reviews for PwC

  1. "Great experience, ridiculous hours."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experienced Associate in Cincinnati, OH
    Current Employee - Experienced Associate in Cincinnati, OH
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    If you're working with a good team and have good clients then you can have a very positive experience. If your team doesn't work well together then you can really struggle.

    Cons

    Lots of long hours. Turnover is high and when it occurs your workload typically increases as a result... which leads to more turnover. The pay can seem low when you look at opportunities outside of the firm, but your raises can be substantial if you are a high performer.

    Advice to Management

    Stay in tune with your teams. Budget hours realistically otherwise your work can balloon out of control--especially when there are issues at a client.


  2. "Educational"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate - Advisory in Washington, DC
    Current Employee - Senior Associate - Advisory in Washington, DC
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Access to shared professional knowledge, great networking, lifetime connections, excellent experience for the long term, fast paced, well known and reputable firm, looks good on resume

    Cons

    Long hours, lower salary in comparison to others with same experience (outside of PwC), very competitive work environment, availability of worthwhile projects is low, transitioning between horizontal technical teams is difficult and frowned upon

    Advice to Management

    Overall I enjoy working at PwC; I have made some great friends and connections at the firm. As far as professional development goes, I can gain 3 years experience in only 1 year at PwC. I wish, however, it were easier to move to different clients and gain exposure to projects that are of more value to my career. I do understand that this is difficult considering the need to keep staff billable and staying profitable (and hence staying employed) is more important to long-term success for the firm itself.

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

See Most Recent

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