Is it worth working for PwC?
90% of employees at PricewaterhouseCoopers LLP say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
Making it through the door at PWC is a tough ask. It only hired 2% of the experienced candidates who applied last year. The trick is to get in early - it hired 11,000 of the 70,000 students who submitted an application, meaning that about 16% got a job.
- Highly regarded in industry: The PwC name carries weight in the corporate world. People are genuinely impressed when they see the name on my CV / mentioned in conversation.
The work culture is great even if working for a Big4. Work life balance and flexibility is great and lots of perks come with working for PwC. At times, a lot of work and revamping of our technology tools.
“To cater to the aspiration of being relevant to India Inc.'s growth plans, the firm is aggressively hiring. The plan is to hire 10,000 people across various priority areas, a number that now looks achievable in a 3–4 year period,” the firm said.
- Big four working hours – the big 4 accounting firms have some of the longest hours of any industries. ...
- Clients – Clients can also make you hate the big 4. ...
- The benefits aren't that good – Big 4 benefits aren't that good when compared to industry.
Just remember that the PwC salary structure is consistent across the board. Meaning, there's not a lot of room for negotiating the base salary.
Stressful and extremely fast paced than necessary
First and foremost your background experience doesn't matters, you will be put into an environment as per the firm's necessity and not into your area of expertise.
Pwc pays $45 per hour or $93,363 per year on average in California. Salaries at Pwc range from an average of $55,000 to $156,000 a year.
Deloitte scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval and Positive Business Outlook. Both tied in 1 area: Recommend to a friend.
Is PwC prestigious?
PwC is widely considered to be the world's most prestigious and progressive accounting firm. It offers extensive career development opportunities, including formal coaching and mentoring, informal mentoring, excellent trainings, and clear promotion paths.
PwC is a prominent professional services company and one of the Big 4 accounting firms. On top of career paths in finance, accounting, and consulting, the company also has opportunities for students to get a foot in the door.
Raises were annual based on evaluations. There is a semi-annual review process as well as an annual review process. Bonuses are paid annually.
We also learned that PwCers who work in Capital Markets and Accounting Advisory Services, Financial Due Diligence, Valuations, and M&A Tax Services got an additional 10% salary boost. Five months after getting the 5% “Timmy Stimmy,” P Dubs employees have been told what their base salaries will be for FY 2023.
|No paid vacation days||9%|
After having paid a two-week one-time special bonus to its 15,000-strong workforce in the country in March 2021, PricewaterhouseCoopers India is now giving vouchers worth Rs 25,000 to 50,000 to all, who have joined the Company on or before 31 March, 2021, as per the management level of the employees.
Deloitte is one of the highly favoured of the Big Four accounting firms by employees for its workplace culture. The company creates several job opportunities for individuals every year.
Good place to learn and grow. Learnt a lot about indirect taxation and how to do tax filing. A compliance based work environment. Only improvement could be work life balance and better pay.
The Big 4 companies are renowned worldwide for their reputation and prestige. Each consistently rank among the best companies to work for in the world.
PwC is the most prestigious of the four and people working there know it. The firm's reputation and solid audit business means there's a sense of stability you might not find at Deloitte for example. Deloitte is smaller than PwC in the UK and keen to catch up.
Does Big Four look good on resume?
When it comes to workplace rankings in accounting, there is the Big Four and then everybody else. PricewaterhouseCoopers, Ernst & Young, Deloitte and KPMG always find their way to the top of any survey. Like Goldman or J.P. Morgan in banking, the Big Four are prestigious firms that look good on any accountant's resume.
5%-15% depending on personal performance and company profitability.
A PwC Associate Consultant in the U.S can make approximately $84,900 each year, with a $80,300 base pay average and $4,600 in bonuses.
It is possible to lose a job offer while negotiating a salary, but Appiah said it only happens in certain contexts. The job offer tends only to be rescinded if the candidate is “negotiating for the sake of negotiating” or the number they are proposing is unreasonable.
PwC: Depends on the time of year. Busy season is typically 70-80 hours a week, quarterly reviews are 45-50 hours a week and the majority of the rest of the year is 40-45 hours a week.