There are newer employer reviews for PwC

1 person found this helpful  

Strategy Consulting

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Management Consultant in New York, NY (US)
Former Employee - Management Consultant in New York, NY (US)

I worked at PwC

Pros

Great benefits (3wks vacation to start, lots of days off, 401k partial matching), lots of smart people with great industry knowledge in the consulting (advisory) end of the business

Cons

Lots of bureaucracy, particularly on the engagement acceptance process (largely because of PwC's audit role) and client billing. Promotions that are needed for particular groups can be scuttled because of overall business performance. Since I've left, I've heard that PwC has become much more tightfisted about expenses, promotions, raises, etc.

Advice to ManagementAdvice

Become less risk averse, especially on the consulting side of things. If PwC really wants to expand into non-audit and tax work it needs to streamline processes and make it easier for employees to do work

Recommends
No opinion of CEO

5228 Other Employee Reviews for PwC (View Most Recent)

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  1. 1 person found this helpful  

    Can't complain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager in New York, NY (US)
    Former Employee - Manager in New York, NY (US)

    I worked at PwC

    Pros

    Worked in Marketing and Sales, good collegial atmosphere and collaboration. Flexible schedule, work from home one day per week. Good benefits.

    Cons

    Annual review process is onerous and it's unclear if/how bonus distribution is equitable. Internal Firm Services went through 3 RIFs in less than 2 years. Partner political infighting affects 'innocent' team members.

    Advice to ManagementAdvice

    Partners should focus more on the people who make the firm run and profitable versus their own internal kingdoms and excessive salaries.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Good place for hard working and ambitious people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in Washington, DC (US)
    Current Employee - Director in Washington, DC (US)

    I have been working at PwC

    Pros

    Partnership seems to really care about the people. Only one small layoff was done during the recession of 2008 / 2010 so far. This compares to multiple significant layoffs by competitors.

    Good compensation, if you are top performer.

    Cons

    Just like most consulting jobs, working in PwC Advisory requires long hours and occasional weekends

    Advice to ManagementAdvice

    Consider introducing an incentive compensation structure that ties the bonus for Directors and Managing Directors to the sales amount, and possibly utilization. If I bring in $3 million in business and still have a 90% utilizatiton, which nets the company over $500,000 after taking into account salary and benefits, I would think it would be fair for me to get at least 1% of that net.

    Recommends
    No opinion of CEO
There are newer employer reviews for PwC

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