PwC Reviews in Chicago, IL | Glassdoor

PwC Chicago Reviews

Updated May 30, 2017
16 reviews

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Chicago, IL Area

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Tim Ryan
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16 Employee Reviews

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Pros
  • Great people; Training; Clear career progression; Great client list ; Good remuneration; Work life balance (in 580 reviews)

  • Learn a lot - lots of on the job training (in 353 reviews)

Cons
More Pros and Cons

  1. "Senior Assoicate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate - Tax in Chicago, IL
    Former Employee - Senior Associate - Tax in Chicago, IL

    I worked at PwC (More than 3 years)

    Pros

    They hire great/talented people

    Cons

    Disconnected Management, absolutely no work/life balance

    Advice to Management

    Empathize with Staff


  2. Helpful (1)

    "Chicago ITS & ITS-FS: Toxic culture - Couldn't pay me to work here again"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Former Employee - International Tax Senior in Chicago, IL
    Former Employee - International Tax Senior in Chicago, IL
    Doesn't Recommend

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

    Pros

    Most disappointing employer in my life = Blessing in disguise . Hung my shingle as solo atty.

    Cons

    1. Organization structure: antiquated and rigid corporate hierarchy.

    2. The company culture is for:
    -lap dogs,
    -non-entrepreneurs,
    -non-risk takers,
    -those who need attention,
    -are afraid to stake their claim, and
    -over-compensators who have low levels of confidence despite outward projections to the contrary.

    3. Immaturity and sophomoric behavior company-wide.

    Advice to Management

    Hired by Chicago ITS-FS (International Tax - Financial Services) and worked in both ITS-FS and ITS.

    Brought to the table high-level strategic skillset: litigation attorney at own my own firm. 41 yrs old and pPast clients included:
    1) HNW families,
    2) Senior financial traders, and
    3) FP&A strategy consultants.

    Yet placed into a bizarre and incongruent tactical role for 27 year-olds.

    Result: my talent was squandered on low-level tasks, in an inappropriate role, which I previously paid my law office employees to perform e.g.,
    -bookkeeping for $400 of revenue,
    -drafting emails for others 14 years younger than I to approve,
    -making photocopies, and
    -collecting the mail from mailroom.

    It was time to leave the firm when the following occurred:

    Person #1 (personified Humphrey Bogart in The Cain Mutiny):
    -several years younger, unprofessional, with low emotional quotient
    -became irrational & hostile to mask their lack of tax litigation/POA experience (despite my having experience)
    -began client work without an engagement letter.

    Person #2:
    -made inappropriate comments publicly regarding a coworker = HR violation.
    -refused to allow mission-critical deliverables to proceed to WNTS
    -fortunately this Person #2 was publicly removed after 12 months via mass email, "As of today, <NAME>, has left the firm..."

    Lose the battle to win the war - Made the firm lay me off, collected my unemployment and severance.

  3. "Staff not set up to succeed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Elmhurst, IL
    Former Employee - Manager in Elmhurst, IL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at PwC (More than a year)

    Pros

    Rigorous business processes in place

    Cons

    Coaching & mentoring strongly advertised, but not practiced
    Teams not set up to succeed

    Advice to Management

    Conduct addition training on coaching & mentoring so the process can be executed as designed.


  4. Helpful (1)

    "The bad outweighs the good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Advisory Director in Chicago, IL
    Former Employee - Advisory Director in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at PwC full-time (More than 5 years)

    Pros

    Advisory salary is good if you have a need skill set. There are some great people in this firm. You an go far if you find the right partner to work for.

    Cons

    Your career is at the whim of your leadership and if you happen to work for a lousy partner, you will pay. When Partners can't perform, they take it out on their staff. I watched a partner fire several excellent people in the last couple of months just because he couldn't meet his numbers. I also listened to a partner tell a story how he spent $7k in one night at a strip club and expensed it. Client beware! There are good people in this firm, but there are more bad.

    Advice to Management

    To Tim Ryan - PwC has lost many good resources because you don't keep your partners in check. No upward feedback equals horrible practices.


  5. Helpful (1)

    "Don't Be Fooled"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Chicago, IL
    Current Employee - Director in Chicago, IL
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Challenging engagements with a lot of learning opportunities

    Cons

    Greedy, self serving partners who care nothing of the non-partner resources in the firm. Honesty is not a virtue. Consider yourself lucky if you are at least treated as a commodity. You will find a lot of slogans but precious little substance. Prepare for 80 hour weeks and never a thank you.

    Advice to Management

    Include more than white men in the partner ranks


  6. Helpful (1)

    "Senior Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tax Senior in Chicago, IL
    Current Employee - Tax Senior in Chicago, IL
    Doesn't Recommend
    Negative Outlook

    Pros

    NONE. I have no pros, only cons.

    Cons

    Worst place on earth. Everyone (staff, seniors, managers) are just miserable. Managers take out their misery on staff. Managers flat out call associates dumb and incapable in front of other employees. Lots of office politics and backstabbing. Sooo many cliques. You can't trust anyone. Only person you can count on is yourself. There is no time for training or mentoring. If you need help with something half the time the answer is just look at prior year. I would never trust the company to prepare my own personal tax returns. Big pyramid scheme. Basically your returns are prepared by interns and recent college grads and managers just glance at this stuff. Awful place. Everyone slaps on a smile and is fake. Associates all sametime each other how they are ready to get out of the place. This place is so not worth it. Your health and sanity are far more important.

    Advice to Management

    If someone asks for help don't just assume that they have a bad attitude and poor work ethic. Your expectations and work load are unrealistic.


  7. Helpful (1)

    "Terrible Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Experienced Associate in Chicago, IL
    Current Employee - Experienced Associate in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The only pro to the company is the large number of under 30 people that work there, makes for a collegial atmosphere at times

    Cons

    The PwC Professional was and is a complete failure. It stunts career growth and makes the path to promotion almost impossible. In addition the pay is about minimum wage for the hours worked. You will work over 3,500 hours in a year for $55,000 as an associate.

    Advice to Management

    Align your compensation with the rates you bill your staff out at.

  8. Helpful (3)

    "From being part of a great company it's now being part of a non innovative company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Advisory Director in Chicago, IL
    Current Employee - Advisory Director in Chicago, IL
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    It used to be that people and culture were the saving grace. But not sure that is true anymore.

    Cons

    Lost culture, disillusioned work force and politics hampering individual growth I acting the collective growth of the company. Constant pressure on metrics when metrics are promoting bad behavior is not good. There is lack of innovative thinking and always being in a reactive mode to address market needs. More of the same appears to be the norm!

    Advice to Management

    In your zeal to make the newer talent pool from acquired companies feel welcome don't take the legacy folks from way back when for granted. All the new things that glitter is not Gold!


  9. "Job Shadow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Job Shadow in Chicago, IL
    Former Intern - Job Shadow in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at PwC as an intern (Less than a year)

    Pros

    Wide range of exposure
    Got to interact with senior partners a lot
    Seemed interested in all shadowers

    Cons

    Lectures rather than real shadow
    Very unorganized when I arrived
    Too many shadowers at once

    Advice to Management

    Allow shadowers to actually shadow employees


  10. Helpful (1)

    "Poor work/life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Audit Senior Associate in Chicago, IL
    Current Employee - Audit Senior Associate in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Prestige, vacation time, working with young people

    Cons

    Unable to use vacation time, work comes first and life second, coaching has gotten worse due to everyone's lack of available time, creates too much red tape for itself

    Advice to Management

    Need to focus on more flexibility for employees, need to focus on more flexibility on audit engagements, things are too planned out in an industry where unusual items are the only constant, quit promising what won't be delivered


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