Dec 26, 2008
PwC reviews
3.7
68% would recommend to a friend
Mohamed Kande
78% approve of CEO
60% positive business outlook
PwC has an employee rating of 3.7 out of 5 stars, based on 75,348 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PwC employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).
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Reviews by job title
75K reviews
2.0
Dec 25, 2008
Recommend
CEO approval
Business Outlook
Pros
Name on the resume, get 2 year CPA requirement, good way to meet lot of young people, exposure to large clients. Overall getting the name on the resume will help you in your career in the future--thats the bottom line. Even if its just a couple of years, I cant tell you how many doors were opened to me by headhunters just by saying PwC. Also, definitely get the CPA if you want a career in accounting. PwC is as good a place as any to pick up the requirement before moving on. Don't fool yourself tho. Its not all great at PwC.
Cons
too many layers of mgmt, poor review process, near to impossible partner track, because clients so large, many mundane tasks and can't always see big picture. PwC, like the rest of the big 4 is filled with employees who for the most part, hate their jobs. They are overworked and underpaid. When I worked at PwC it wasn't uncommon to see people leave 60-80K jobs for at PwC 100-150K a year jobs. PwC often made the defense that you should stay to manager, and youll have the best bet of moving up at your next job. I think this is a great point. If you can suck it up for 5-6 years then do it (BUT ONLY IF YOU WANT A CAREER IN ACCOUNTING). Otherwise you should leave when you figure out what you really wanna do, like most people do.
4.0
Dec 25, 2008
PwC is a place you'll probably love to work, but beware that they'll love to work you...extremely hard.
Current employee
McLean, VA
Recommend
CEO approval
Business Outlook
Pros
PwC is a great place to work if you want some free education while you work. The firm offers week long (off-site) training sessions specific to your line of work, online tutorials, teleconference seminars, IT Learning & Education, and numerous other "education" opportunities. Additionally, as you move up in the firm, there is coaching geared specifically for the management level and above. PwC is also great for meeting people and developing a network. There are lots of knowledgeable, well-connected people there who are usually willing to include you in their circle of friends. For the most part the leadership is part extremely qualified, treats everyone with respect (even new associates/new hires), and will recognize a job well done. The firm tries to communicate clearly with its employees, and if anything, there is so much communication that it is impossible to keep up with it all. More than anything, the people you work with can be the best part of the job.
Cons
I believe that management has been ordered to work new hires to death. Since pay is salaried and there isn't really overtime (maybe a spot bonus here and there), i think the motto is "milk them for all they're worth". As a new associate you will be told that you are expected to work long hours and to have a "utilization rate" of at least 80% according to HR policies. That being said, however, as a new hire a likelier story is that you should really be at 100% since other people in the office have utilization rates of up to 150% (or something ridiculous like that). If you have 8hrs of billable hours a day you have a 100% utilization rate, so you can do the math to figure out what 150% would be. "It's not uncommon to work 12-14 hours a day", according to many managers. And if you ask, like me, how does that leave time for the rest of your life?? You might get a similar answer- "well, the work has to get done". Work/Life Balance is a joke! Also, the push on new hires comes from the fact that they have the lowest billing rate and budgets are ALWAYS tight. That can be pretty stressful. So again, the biggest downside would be the long hours. VERY LONG HOURS. If you are okay with that for the rest of your life, and especially as a new hire, then PwC is the place for you. But be aware, for the amount of time you work, the salary isn't that high and the spot bonuses for overtime are weak to say the least. The last thing is that sometimes credentials take precedence over proven abilities. So much emphasis is placed on PhDs and advanced degrees, but having those degrees does not necessarily make the person the best one for the job or even the smartest (it seems like every one at the office is always having to prove how smart they are!). I'm extremely proud to work for PwC and with the people there, because i think they really are very talented and bright, but sometimes it goes to their heads. Eh, most of the time maybe...
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