PwC reviews

3.7

68% would recommend to a friend

(75,314 total reviews)
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Mohamed Kande

78% approve of CEO

60% positive business outlook

PwC has an employee rating of 3.7 out of 5 stars, based on 75,314 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 Finanzen industry (3.7 stars).

Reviews by job title

75K reviews
5.0
Dec 16, 2010
Recommend
CEO approval
Business Outlook

Pros

You work with motivated people. Mostly that motivation comes through fear, habit or ambition, rather than true appreciation for what you are doing, but it sure beats working with/for people who go to work to kill time until they get to leave. Granted, those people still exist, but the culture is such that those types of people are rewarded and will end up leaving the firm. I work with bright people on things that are interesting or intellectually challenging. So, the work is doable. Compared to other big 4 firms, I feel safer knowing that we had fewer layoffs and bigger raises than many competitors. Much of that is attributable to luck I am sure, since we lost fewer large clients to the financial crisis--PwC audited BOA and JMPC, not Bear Stearns and Merrill. Culture is conservative and focus is to perform quality work. I feel like we spend a good amount of time getting the right answer rather just a documented answer-which makes me more comfortable working here. I get great exposure to senior levels up the pyramid given my current level within my specific group--which is much more flat and avoids the more bureaucratic structure other may experience. My compensation is fair and I feel like I have people for whom I have worked that I can rely on to present my case at year end for reviews.

Cons

Public accounting is pretty miserable work. Little benefit to society comes from the work. It's a cynical view, but I view this profession (public accounting: audit/tax) as a regulatory or cost-of-doing-business tax paid in order to get capital to do REAL things in the economy. So, it's not often that I get to go home at the end of the day feeling like I've contributed to society. On a more material level, the benefits are horrendous. The best medical plan for a family is >$500/month and still doesn't include a co-pay for emergency room visits (a change they slid in from the prior year's plan without warning even when raising premiums $100/month). So, stitches for my toddler cost me $700 (after deductible and 10% of the remaining balance) even though I'd spent around $6k in premiums. No Roth 401k like some Big 4 competitors. I don't understand why there aren't more of these. And contribution match is laughable - 0.25% of what you contribute, up to 4% of my income. Pretty standard for Big 4, in that 401k are very bad because they expect you to leave anyway after a few years.

1.0
Jan 27, 2010
Recommend
CEO approval
Business Outlook

Pros

The people on your own level CAN be good people and enjoyable to work with They pay for your CPA (although depending on what group you work in, you may not receive a bonus for passing it)

Cons

Everything else. I mean, EVERYTHING else. Work/Life balance is preached, but I've never seen anything resembling it. An alarming number of my coworkers have been laid off for a company that "isn't laying people off in this economy" Low pay for what we do and the hours we put in Here's an example of how much sense their compensation system makes: When promoted, the rate they charge my clients for my time increased 50%, my pay increased 5%. Everything is contradictory. You are rewarded and punished for working more hours. You are rewarded and punished for being honest (mostly punished). You are rewarded and punished for speaking your mind in "anonymous feedback sessions". You are rewarded and punished for doing good work. You have to work something like 12 hours a day, but can often only charge about 6 or 7 of those, meaning you're underutilized and look like a slacker. You will receive negative performance reviews for this. The "critically-acclaimed" employee performance review is a clever way to cover that the partners end up playing favorites in the end anyway. The partners have no respect for you. The US leadership team uses the company's intranet site to brag about how they like to vacation in exotic places, spend time with their families, and talk about their hobbies. Meanwhile the staff has no time for hobbies as we work far too many hours, we are forced to use our vacation time to pay for the "firm-wide shutdown" at the holidays in order to save the partners admin money, and I've had a coworker who was told that she doesn't belong at PwC because she requested to not travel overseas for a month at a time because she had to take care of her 1.5 year old son. Let's just say, there's a HUGE double standard, and little to no respect for the staff shown from leadership. All the good employees have the good sense to leave, leaving only the people who can't do any better. So that "Pro" I mentioned about good coworkers doesn't last long. For people considering working here, just know this: The people on your campus telling you how great of a place this is to work, don't actually work here. They only do recruiting, meaning, they don't even know what hell it is to actually work here. I could go on much longer, but I have far too much work to do, and I'd like to leave work at 1am instead of 2am...

4.0
Oct 9, 2009
Recommend
CEO approval
Business Outlook

Pros

The typical line on PwC is it's a great place to start, build your credentials for a few years, then move on to greener pastures. It doesn't have to be that way. A long career here can be very rewarding - professionally, intellectually, and financially. But understand what kind of environment you're getting into. Some straight talk to describe life at PwC: Hard-working, ever-changing, demanding, and conservative (at times in the extreme). And also intellectually stimulating, team-oriented, flexible, and fun (if you are on a good team, which most are). You are working for the best and will be expected to bring your best every day. You need to get yourself noticed, yet do so in a way that is collaborative and team-focused. If you are a lone ranger (in reality or in perception), you will fail. Not everyone is able to bring that "mental balance" between ambition and great teaming to work every day. Ask yourself if you can. My PwC cohorts are, collectively, the most intelligent community of people I've ever been around. Every person who sticks here is capable, diligent, and for the most part, more than willing to share their knowledge. The spirit of achievement and top-quality delivery to our clients is really something special.

Cons

Did I mention demanding and hard-working? Hours can be off the charts at times. The perpetual challenge has been that Work/Life Balance, while truly regarded as an important initiative, has always only addressed half the equation. You can offer all the time off and schedule flexibility you want, but until you make workloads and expectations more reasonable, you will never be able to achieve the "balance". They have never quite gotten that part. Over several years, I have never been able to take all my vaca time while remaining a top performer - and I am not the workaholic type by nature. It's the way the system is built. Did I mention conservative? Understand this is still an accounting/audit firm at heart, no matter how big Advisory becomes. The hoops one needs to jump through - whether to initiate a project, establish a teaming relationship, handle admin tasks, or address personal financial independence requirements - are off the charts. After a few weeks/months, you will "get it", it will become normal, and you'll stop considering it ridiculously burdensome. Or not, in which case this probably isn't the environment for you. This is a "culture of compliance" taken to new heights. Final thought: If you perform and progress, compensation can be excellent. Real wealth is possible. BUT - you will max out after a handful of years as a director. Consider that the partnership is basically a sign-in-blood-for-life proposition, and political x 1000 (which certainly isn't for everyone), and you may start face a career crossroads.

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